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$718,000

129 Lakeway, Killeen, TX, 76549

SoldInfo
6/02/26
Beds4 Beds
Baths3 Bath
Baths2,764 Sq Ft
SingleFamilyResidenceSingleFamilyResidence
price_per_sqft$262.26 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Gas Range, Gas Water Heater, Ice Maker, Other, Refrigerator, See Remarks, Tankless Water Heater, Some Electric Appliances, Some Gas Appliances, Microwave, Range
FlooringTile

Exterior

Private PoolPrivate Pool
Exterior FeaturesOther, Rain Gutters, See Remarks
Lot Size9.15 acres

Building Information

Year Built2016
Stories1
Roof Type105
Garage Spaces2

Land Information

APN210101
SubdivisionRiver Ridge Ranch Section Iii & Iv Repla
Land UseResidential
Legal DescriptionRIVER RIDGE RANCH SECTION III & IV REPLAT(LT12-14,20-29 ETC), BLOCK 002, LOT TRACT 023A, ACRES 9.15
Census Tract023301
Assessed Land Value$198,555
Assessed Improvement Value$392,820
Assessment Year2025

About this property

Tucked at the end of a quiet cul-de-sac in a gated community just off the Lampasas River, this is the kind of property you stop scrolling for. Nine acres of Central Texas hill country, mature oaks lining a gravel drive, split-rail fencing, and not a neighbor in sight- just open sky, birdsong, and the kind of stillness that reminds you why you wanted land in the first place. The 2016-built single-story home offers 2,764 sq ft of thoughtfully designed open-concept living- 4 bedrooms, 3 bathrooms, and a dedicated office with a custom reclaimed wood accent wall and built-in shelving. The living, kitchen, and dining spaces flow together naturally around a wood-burning stove for cool Texas evenings, with walls of windows and skylights looking out over the beautiful oak trees in the yard. The primary suite is fully separated from the secondary bedrooms and features a spa bath with a freestanding soaker tub and dual pedestal sinks- the kind of quiet morning you'll look forward to every day. Outside, a covered porch and deck overlook the oak-shaded grounds. A wire-fenced area is ready for dogs, horses, or livestock- and 9.15 open acres surrounds it all. The detached 3-car garage is a proper structure with matching stone exterior and roofline. The property also includes covered tractor parking, a metal barn, and a private well with a 2,500-gallon water storage system and full carbon and sediment filtration. Brand new roof throughout. Gated community. Minutes to Fort Hood and Killeen. Under an hour to Austin. Some places you visit. This one you won't want to leave.

Investor Tools

Property Icon
$718,000
Estimated Property Value
$471,702Estimated Mortgage Balance
$258,165Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,349 /month
Positive
Cash Flow Estimate:
$1,450 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$975/month
$750/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$555,071
2025
$198,555
$392,820
$591,375
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$555,071

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Freedom Mortgage Corp
Conventional
$471,702
No
First
Dec 9, 2024
Nov 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$459,835
$258,165
35%
64%
$2,829/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.

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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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129 Lakeway | Property Details | No Agent List