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$222,000

NAL Estimated Property Value

1200 Chippendale Dr, Killeen, TX, 76549

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,624 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$70.81 / sqft
Year BuiltBuilt in 1963

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDouble Oven, Electric Cooktop, Electric Water Heater, Disposal, Microwave, Plumbed For Ice Maker, Refrigerator, Water Heater, Range
FlooringCarpet, Combination, Hardwood, Laminate

Building Information

Year Built1963
Stories1
Roof Type105
Garage Spaces2

Land Information

APN31175
Lot Number1
SubdivisionPershing Place 1a
Land UseResidential
Legal DescriptionPERSHING PLACE 1A, BLOCK 001, LOT 0001
Census Tract023104
Assessed Land Value$27,000
Assessed Improvement Value$155,980
Assessment Year2025

About this property

Investor Special or DIY Dream! Welcome to 1200 Chippendale Drive, a vintage 1963 gem located in the heart of Killeen, Texas. This 3-bedroom, bathroom home offers a fantastic opportunity for investors, flippers, or anyone ready to roll up their sleeves and restore this property to its full potential. Sitting on a spacious corner lot, this home features a traditional layout with great bones and tons of character. With original details still intact, it’s the perfect canvas to bring your creative vision to life—whether you’re looking to modernize or restore its mid-century charm. This property is being sold as-is and is priced accordingly for the needed repairs and updates. With a little work, it could become a charming starter home, rental property, or a valuable addition to your investment portfolio. Don’t miss this opportunity to own a piece of Killeen history and make it your own. Schedule your showing today!

Investor Tools

Property Icon
$222,000
Estimated Property Value
$142,996Estimated Mortgage Balance
$79,004Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,332 /month
Positive
Cash Flow Estimate:
$444 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$149/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$677
$182,980
2025
$27,000
$155,980
$182,980
No

Tax History

Year
Tax Paid
Assessed Value
2024
$677
$182,980

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Housemax Funding Llc
Commercial
$144,900
No
First
Aug 6, 2025
Sep 2026

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$142,996
$79,004
35%
64%
$869/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,440/mo
$869/mo
+$571/mo
7.8%

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.

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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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1200 Chippendale Dr | Property Details | No Agent List