A+

NoAgentList RatingHow are grades calculated?

119Days on Market

1view

$135,000

1512 Mccreary Ave, Killeen, TX, 76549

$165,147 ARV

On Market

4 Beds

2 Bath

1,704 Sq Ft

Single Family Residence

$79.23 / sqft

Built in 1974

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListMust-SellDeal ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Heating Central

Cooling

AppliancesElectric Range, Refrigerator, Microwave

FlooringCeramic Tile, Laminate

Exterior

Private Pool

Exterior FeaturesNone

Building Information

Year Built1974

Stories1

Roof Type105

Land Information

APN128961

Lot Number12

SubdivisionSugar Loaf Estates Addition Second Exten

Land UseResidential

Legal DescriptionSUGAR LOAF ESTATES ADDITION SECOND EXTENSION, BLOCK 021, LOT 0012

Census Tract023104

Assessed Land Value$25,000

Assessed Improvement Value$157,061

Assessment Year2025

About this property

PHOTOS ARE VIRTUALLY STAGED. Roof replaced in 2026, adding immediate value and peace of mind for future ownership. This property is best suited for investors, renovation, or flip opportunities and is being offered for cash or conventional financing only. This single-story ranch-style home features 4 bedrooms and 2 bathrooms with a functional layout and strong potential for upgrades or investment. The spacious living area offers abundant natural light and durable tile flooring that flows into the kitchen and dining space, complete with ample cabinetry, breakfast bar seating, and efficient workspace. Bedrooms include wood-look laminate flooring, and the bathrooms feature tile surrounds and classic fixtures ready for personalization. A dedicated utility area provides washer/dryer connections, while the covered carport adds convenient parking and storage. The generously sized backyard offers plenty of space for outdoor living, pets, or future improvements.

Investor Tools

$182,061

Estimated Property Value

$0Estimated Mortgage Balance

$182,061Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

$165,147

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,092 /month

Positive

Cash Flow Estimate:

$364 /month

Interested in this property?

Alina Gibbs Gibbs

The Gibbs Agency LLC

Contact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$392/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,795

$182,061

2025

$25,000

$157,061

$182,061

Tax History

Year

Tax Paid

Assessed Value

2024

$3,795

$182,061

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$182,061

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,720/mo

N/A

+$1,720/mo

11.3%

Learn About the Market: Opportunity in Texas

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 This Area