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$165,000

1505 Elyse Drive, Killeen, TX, 76549

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,512 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$109.13 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1.75Bathrooms Full 1.75
Bathrooms Half 0.25Bathrooms Half 0.25
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Water Heater, Some Electric Appliances, Range
FlooringLaminate

Exterior

Exterior FeaturesPorch

Building Information

Year Built1978
Stories1
Roof Type105

Land Information

APN66166
Lot Number18
SubdivisionMorris Subdivision Phase One
Land UseResidential
Legal DescriptionMORRIS SUBDIVISION PHASE ONE, BLOCK 012, LOT 0018
Census Tract023109
Assessed Land Value$27,000
Assessed Improvement Value$136,840
Assessment Year2025

About this property

Welcome to this charming home located in a well-established neighborhood in Killeen! This property offers comfort, functionality, and convenience—perfect for homeowners or investors alike. The spacious layout provides a welcoming living area that flows seamlessly into the kitchen and dining space, making it ideal for everyday living and entertaining. Step outside to enjoy a generously sized backyard with plenty of room to relax, play, or create your own outdoor oasis. Conveniently situated near schools, shopping, dining, and just minutes from Fort Cavazos, this home offers an easy commute and access to all that the Killeen area has to offer. Whether you are looking for a place to call home or a great investment opportunity, this property combines location, comfort, and value. Schedule you showing today! All measurements are approximate. Buyer and buyer’s agent to verify measurements.

Investor Tools

$119,303Estimated Mortgage Balance
$48,697Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,008 /month
Positive
Cash Flow Estimate:
$336 /month

Interested in this property?

Maria Barrientos

Keller Williams Realty, Waco

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$365/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,535
$163,840
2025
$27,000
$136,840
$163,840
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,535
$163,840

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Paramount Residential Mortgage Group
Conventional
$123,750
No
First
May 24, 2024
Jun 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$119,303
$48,697
28%
71%
$742/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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1505 Elyse Drive | Property Details | No Agent List