Date
Details
Price
Change
Source
10/02/2026
Listed
$360,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$360,000 Just Listed
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Property Description
Property Type: Large Fourplex (approx. 4,216 sq. ft.) Unit Configuration: Four 2-bedroom, 1-bathroom townhouse-style units Investment Highlights Strong Cash Flow & Stability: Consistent income with long-term, low-maintenance tenancy and proven high rental demand. Spacious Townhouse Layouts: Each unit features functional layouts, generous square footage, ample natural light, and tenant-friendly amenities that ensure high occupancy rates. Unit-by-Unit Breakdown Unit 1 Current Rent: $850/month (Increasing to $875/month effective November 1, 2026) Tenancy: Long-term tenant in place since 2023 (currently month-to-month). Flexibility: Option for the buyer to renew the lease or transition the tenant if owner-occupancy of Unit 1 is desired. Unit 2 Current Rent: $825/month Lease Term: Tenant in place since January 2025, lease expires January 31, 2027 (tenant has expressed no intention to leave). Unit 3 Current Rent: $825/month Lease Term: Tenant in place since mid 2025, lease expires May 31, 2027. Unit 4 Current Rent: $875/month- expires 7.31.27. Tenant is there from mid 2025. Operational Summary Maintenance History: The property and its tenants have required minimal maintenance over the past several years, ensuring efficient management and protected net operating income.
Full Property Details
Full Property Details for 506 Esther Cir
General
- Price: $360,000
- Status: Active
- Type: Multi-Family
- Source: Central_Texas_MLS
- MLS ID: 626598
- Updated: 10/2/2026
- Added to Site: 5 day(s) ago
Interior
- Interior Features: Ceiling Fan(s), Other, See Remarks
- Fireplace(s): None
- Appliances: Electric Range, Other, Refrigerator, See Remarks
- Flooring: Carpet, Vinyl
Rooms
Other Rooms
- Laundry: Washer Hookup, Electric Dryer Hookup
Location
- County: Bell
- Subdivision: Colonial Heights
- Driving Directions: From Business 190 (US-190 Business) in Killeen, the easiest route to 501 Esther Cir is: Travel east or west on Business 190 to W.S. Young Drive. Turn north on W.S. Young Drive. Turn right (east) on Rancier Avenue (FM 439). Continue approximately 1 mile. Turn left on Esther Circle. Continue around the circle to 506 Esther Circle, which will be on the residential loop
School Information
- Elem School District: Kilgore ISD
- Midd School District: Kilgore ISD
- High School District: Kilgore ISD
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Not Connected (at lot), Public Sewer
- Water: Not Connected (at lot), Public
Structural Information
- Architectural Style: None
- Construction: Other, See Remarks
- Roof: Composition, Shingle
- Stories/Levels: 2
- Square Feet: 4,216
- Sq. Ft. Source: Appraiser
- Living Area: 4,216 Sq. Ft.
- Year Built: 1980
- Year Built Source: Assessor
- Property Condition: Resale
Lot Features
- Lot Size (Acres): 0.2296
- Fencing (Description): None
Financial Considerations
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Legal Description: COLONIAL HEIGHTS, BLOCK 003, LOT 0017
- Property ID: 13674
- Block: 3
- Lot Number: 17
Listed by Central Metro Realty, LLC
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Listing agent
— 506 Esther Cir —
Central Metro Realty, LLC
512-249-7368
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 506 Esther Cir
School District:Killeen Independent School District
| Name | Grades | Distance |
|---|---|---|
Manor Middle School, Killeen, TX 1700 South W S Young Drive, Killeen, TX 76543 | 6-8 | 1.8 mi |
Killeen High School 500 North 38th Street, Killeen, TX 76543 | 9-12 | 0.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 506 Esther Cir
Tax History
Tax History for 506 Esther Cir
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,869
6%
$289,348
-5%
2023
$5,529
—
$304,577
4%
2023
$5,529
16%
$292,054
29%
2022
$4,749
25%
$225,640
35%
2021
$3,799
24%
$166,596
31%
2020
$3,058
20%
$127,250
26%
2019
$2,556
-10%
$101,359
-6%
2018
$2,825
2%
$107,292
-5%
2017
$2,779
4%
$113,224
5%
2016
$2,671
-5%
$108,231
-5%
2015
$2,806
-12%
$113,624
-9%
2013
$3,178
—
$125,353
-3%
2013
$3,178
—
$129,017
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 506 Esther Cir
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- Single Family
- Active
- Updated 1 day ago
- 5Beds
- 3Total Baths
- Single Family
- Active
- Updated 4 hours ago
- 5Beds
- 4Total Baths
- Single Family
- Active
- Updated 6 days ago
- 4Beds
- 3Total Baths
506 Esther Circle, Killeen, TX 76543 (MLS# 626598) is a Multi-Family property with 0 units containing 0 bedrooms and 0 full bathrooms. 506 Esther Circle is currently listed for $360,000 and was received on October 02, 2026. Want to learn more about 506 Esther Circle? Do you have questions about finding other Multi-Family real estate for sale in Killeen? You can browse all Killeen real estate or contact a Coldwell Banker agent to request more information.