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$259,400

1104 Karen Drive, Killeen, TX, 76549

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,330 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$195.04 / sqft
Year BuiltBuilt in 2025

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Electric Range, Electric Water Heater, Disposal, Water Heater, Microwave, Range
FlooringCarpet, Vinyl

Exterior

Private PoolPrivate Pool
Lot Size8,124 sqft

Building Information

Garage Spaces2

Land Information

APN31647
Lot Number12
SubdivisionMorris Subdivision Phase Two
Land UseResidential
Legal DescriptionMORRIS SUBDIVISION PHASE TWO, BLOCK 007, LOT 0012
Census Tract023109
Assessed Land Value$15,000
Assessment Year2025

About this property

New construction home located within minutes of Fort Hood Base but also easy access to shopping and hwy 195 for those traveling south! Hardi-plank siding gives such a clean look on the exterior but also is considered a masonry product for insurance purposes. The real surprise is when you enter this home and see all the wonderful selections that exhibit the quality one expects from a Herring & Co Builders home. Wood style LVP flooring, granite tops, nice interior paint (not flat), gorgeous, stained cabinets and really beautiful tile selections for baths and kitchen back splash. Then be pleasantly surprised at the size of the generous backyard complete with steel post (wood planks), covered patio and did I mention full yard sprinkler system and sod?

Investor Tools

$185,099Estimated Mortgage Balance
$71,901Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,556 /month
Positive
Cash Flow Estimate:
$519 /month

Interested in this property?

Linda Carey

Starpointe Realty Central Tx

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$132/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$299
$15,000
2025
$15,000
N/A
$15,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$299
$15,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Verabank Na
Commercial
$188,705
No
First
Apr 21, 2025
Apr 2026

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$185,099
$71,901
27%
72%
$1,132/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Killeen

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1104 Karen Drive | Property Details | No Agent List