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$303,858

NAL Estimated Property Value

1502 Powder River Dr, Killeen, TX, 76549

Off MarketInfo
Baths0 Bath
Baths2,268 Sq Ft
price_per_sqft$136.68 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bathrooms 0Bathrooms 0
Garage AvailableGarage Available
AppliancesDishwasher, Electric Cooktop, Electric Range, Electric Water Heater, Disposal, Microwave, Oven, Refrigerator
FlooringCeramic Tile

Exterior

Exterior FeaturesPorch, Patio
Lot Size9,492 sqft

Building Information

Year Built2008
Stories1
Roof Type105
Garage Spaces2

Land Information

APN385240
Lot Number31
SubdivisionSaddleridge Estates Phase One
Land UseResidential
Legal DescriptionSADDLERIDGE ESTATES PHASE ONE, BLOCK 001, LOT 0031
Census Tract023117
Assessed Land Value$48,000
Assessed Improvement Value$255,858
Assessment Year2025

About this property

Invest in steady income with this well-maintained duplex that has consistently stayed rented. One side is leased through November and the other through April 2026, offering immediate cash flow and easy long-term tenants. The property features a new roof, no carpet, and each unit has its own backyard separated by a privacy fence, providing outdoor space for tenants and clearly defined areas for each unit. With separate listings for the two units, management is simple and straightforward, and the property already demonstrates a strong rental history with solid occupancy potential. This turnkey duplex is a smart addition to any rental portfolio and ready to be your next successful investment. Contact us for more details. 24 hours notice is required for showings.

Investor Tools

Property Icon
$303,858
Estimated Property Value
$296,312Estimated Mortgage Balance
$7,546Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,860 /month
Positive
Cash Flow Estimate:
$620 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$634/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,093
$303,858
2025
$48,000
$255,858
$303,858
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,093
$303,858

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Leaderone Financial Corp
Va
$298,917
Yes
First
Nov 7, 2025
Dec 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$296,312
$7,546
2%
98%
$1,793/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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1502 Powder River Dr | Property Details | No Agent List