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$194,000

1506 Barbara Ln, Killeen, TX, 76549

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,208 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$160.6 / sqft
Year BuiltBuilt in 1967

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Water Heater, Range
FlooringCeramic Tile

Building Information

Year Built1967
Stories1
Roof Type105
Garage Spaces2

Land Information

APN50469
Lot Number15
SubdivisionSugar Loaf Estates Addition
Land UseResidential
Legal DescriptionSUGAR LOAF ESTATES ADDITION, BLOCK 007, LOT 0015
Census Tract023103
Assessed Land Value$25,000
Assessed Improvement Value$126,699
Assessment Year2025

About this property

Welcome to 1506 Barbara in Killeen! This super cute 3 bedroom, 2 bathroom home has all the updates already done and is completely move-in ready! From the fresh interior and exterior paint to the updated finishes throughout, this home has such a clean, modern feel the second you walk in. Inside you’ll find ceramic tile flooring throughout the entire home, making maintenance easy with NO carpet! The kitchen features gorgeous new granite countertops, stainless steel appliances, subway tile backsplash, and plenty of cabinet and counter space. The living area is warm and inviting with tons of natural light and a great layout for everyday living or entertaining. The primary suite includes its own ensuite bathroom with a cute vanity/makeup area, shower/tub combo, and great storage space. Both secondary bedrooms are generously sized, and both bathrooms feature shower/tub combos. Step outside and enjoy the large backyard with mature trees and plenty of space for kids, pets, entertaining, or just relaxing after a long day. Additional updates include a brand new impact-resistant architectural shingle roof for added peace of mind and insurance benefits. Conveniently located near shopping, dining, schools, and Fort Cavazos, this home is the perfect mix of updates, charm, and functionality!

Investor Tools

$0Estimated Mortgage Balance
$151,699Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,164 /month
Positive
Cash Flow Estimate:
$388 /month

Interested in this property?

Katie Strange

Two Lakes Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$311/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,977
$151,699
2025
$25,000
$126,699
$151,699
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,977
$151,699

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$151,699
100%
0%
$0/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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