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$192,000

1517 Iris Ave, Killeen, TX, 76543

$194,278 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,509 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$132.54 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Electric Water Heater, Refrigerator, Range
FlooringCarpet, Ceramic Tile

Building Information

Year Built1983
Stories1
Roof Type105
Garage Spaces2

Land Information

APN98819
Lot Number15
SubdivisionRose Addition 3rd Unit
Land UseResidential
Legal DescriptionROSE ADDITION 3RD UNIT, BLOCK 018, LOT 0015
Census Tract022401
Assessed Land Value$25,000
Assessed Improvement Value$175,694
Assessment Year2025

About this property

Updated throughout with major upgrades! This charming 3-bedroom, 2-bath home features a remodeled kitchen (2023) with updated cabinetry, appliances, and countertops—and the refrigerator conveys. Both bathrooms were beautifully renovated in 2023, and the home has new carpet throughout. Enjoy peace of mind with a brand-new roof installed in 2025. The backyard includes a cute deck built in 2023, perfect for relaxing or entertaining.

Investor Tools

Property Icon
$192,000
Estimated Property Value
$198,171Estimated Mortgage Balance
$0Estimated Equity
-3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$194,277
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,200 /month
Positive
Cash Flow Estimate:
$400 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$143/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$750
$139,720
2025
$25,000
$175,694
$200,694
No

Tax History

Year
Tax Paid
Assessed Value
2024
$750
$139,720

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Va
$198,171
Yes
First
Nov 26, 2025
Dec 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$196,444
N/A
0%
102%
$1,189/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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1517 Iris Ave | Property Details | No Agent List