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$174,900

1308 Searcy Drive, Killeen, TX, 76543

$179,704 ARVInfo
On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,347 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$129.84 / sqft
Year BuiltBuilt in 1972

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1.75Bathrooms Full 1.75
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Disposal, Oven, Microwave, Range
FlooringTile, Vinyl

Building Information

Year Built1972
Stories1
Roof Type105
Garage Spaces1

Land Information

APN79469
Lot Number25
SubdivisionCrescent Manor 1st Ext
Land UseResidential
Legal DescriptionCRESCENT MANOR 1ST EXT, BLOCK 015, LOT 0025
Census Tract022401
Assessed Land Value$30,000
Assessed Improvement Value$129,397
Assessment Year2025

About this property

New roof (2025), double-pane windows, and an oversized kitchen. This 3-bedroom, 2-bath home features a spacious kitchen with extensive counter space and abundant cabinetry, offering plenty of room for cooking and everyday use. Major updates already completed, including a brand new roof (2025) and updated HVAC, helping reduce future maintenance concerns. All-brick exterior, mature trees, and a spacious yard provide both comfort and functionality, with a storage shed for additional space. Located in an established neighborhood with convenient access to Fort Hood, highways, shopping, restaurants, schools, and medical facilities.

Investor Tools

Property Icon
$173,000
Estimated Property Value
$0Estimated Mortgage Balance
$42,461Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$179,703
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,049 /month
Positive
Cash Flow Estimate:
$350 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$343/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,246
$159,397
2025
$30,000
$129,397
$159,397
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,246
$159,397

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Va
$143,220
Yes
First
Sep 27, 2021
Oct 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$130,539
$42,461
24%
75%
$859/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,360/mo
$859/mo
+$501/mo
9.4%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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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