Tour
$4,691 Closing Credit¹
#20840106, Naomi Greenlee, Listing Office: Monument Realty
$305,000 List price
4802 Rainbow Cir Killeen, TX 76543
$3,622
Closing credit¹
1,550 sqft
0.2 acres
$197 / sqft
Multi-Family
Property details
About 4802 Rainbow Cir
Income-Producing Duplex for Sale – Great Investment Opportunity! This well-maintained duplex features two units, each offering 2 bedrooms and 1 bathroom, washer/dryer connections, and access to a separate fenced-in yard—perfect for privacy and comfort. Each unit also includes a dedicated storage room, providing added convenience for tenants. Situated on a quiet cul-de-sac, the property boasts a new roof and is currently tenant-occupied, generating immediate rental income. Whether you're looking to expand your investment portfolio or live in one unit while renting out the other, this is a fantastic opportunity you won’t want to miss!
Highlights
Home typeDuplex
StatusActive
CoolingCeiling Fan(s)
Size1,550 sqft
Lot size0.231 Acres
Year built1985
MLS #578153
FireplaceOther, See Remarks
ViewOther
Summary
- Appliances: Dishwasher, Electric Range, Refrigerator
- Flooring Type: Carpet, Laminate
- Interior: Ceiling Fan(s)
- Fireplace: Other, See Remarks
- View: Other
- Exterior: Back Fence
- Architectural Style: Ranch
- Cooling: Ceiling Fan(s)
- List Price: $305,000
- Price/SqFt: $196
- Annual Tax Amount: $3,208
- Tax Year: 2024
- Directions: Head northeast on Blue Bird Dr toward E Robin Ln 440 ft Turn left onto E Beeline Ln 371 ft Road name changes to W Beeline Ln 0.3 mi Turn right onto S Roy Reynolds Dr 0.6 mi Road name changes to N Roy Reynolds Dr 1.7 mi Turn left onto E Rancier Ave / FM-439 0.4 mi Turn right onto Cedarhill Dr 0.4 mi Turn left onto Rainbow Circle 289 ft Arrive at Rainbow Circle
- Year Built: 1985
- Stories: 1
- Living Area: 1,550 SqFt
- Lot Size: 0.231 Acres
- MLS Number: 578153
- MLS Name: CentralTexas
- Office Name: McG Homestead Rentals & Sales
- Office Phone: (254) 415-7480
- Listing Agent: Lisa-Marie McGaughey
Data provided by the Central Texas MLS IDX program. Information deemed reliable but not guaranteed. Some properties which appear for sale may no longer be available due to no longer being offered for sale. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. ©2025 Central Texas MLS, All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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Last updated on: 5/1/2025, 12:15:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$305,000
4802 Rainbow Cir
$3,622
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $167,404 | $3,208 |
| 2023 | $169,485 | $2,209 |
| 2022 | $104,977 | $2,209 |
| 2021 | $70,000 | $1,630 |
| 2020 | $67,870 | $1,630 |
| 2019 | $67,554 | $1,550 |
| 2018 | $58,863 | $1,550 |
| 2017 | $61,209 | $1,502 |
History based on county public records data.
Nearby schools
2
Hay Branch Elementary School
Public District PK-5
0.8 mi
•6101 Westcliff Rd
5
Brookhaven Elementary School
Public District PK-5
1.2 mi
•3221 Hilliard Ave
2
Peebles Elementary School
Public District PK-5
2.0 mi
•1800 N W S Young Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $31,771. The most common annual income of people living in Killeen, TX is less than $<35k. Most families are single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
54%
<35k
25%
35k-100k
20%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
39%
Single, No Kids
28%
Single, with Kids
17%
Married, No Kids
16%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
21%
<11 yrs old
7%
12-17 yrs old
44%
18-34 yrs old
25%
35-64 yrs old
3%
65+ yrs old
What do the neighbors do for fun?
NBA/WNBA
Pro Wrestling
Soccer
Where do the neighbors shop?
Express/Express For Men
Burlington
Forever 21
Where do the neighbors go to eat?
Starbucks
Cicis Pizza
Dominos Pizza
What do the neighbors drive?
Pontiac
Mazda
Volkswagen
What do the neighbors listen to?
Urban Contemporary
Rhythmic Contemporary Hits
Contemporary Inspirational
All data provided by Home Junction and Claritas
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This home is located at 4802 Rainbow Cir in Killeen, TX and zip code 76543 in the Evening Hollow neighborhood. This 1,550 square foot home, which was built in 1985, sits on a 0.23 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since April 30, 2025 and is currently priced at $305,000.
Killeen, TX housing market in March 2025 saw over 22 listings sold above listed price, more than 63 sold at listed price and over 68 sold below. Between February and March 2025, Killeen, TX real estate market has seen increase in the number of listings by 13.1%. In March 2025, listings were on the market for 70 days. During the same period, the median list price in this real estate market was $240,866.
From Rocket Homes Real Estate and based on county public records data.