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$565,591

218 Hi Ridge Dr, Killeen, TX, 76549

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,372 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$235.67 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Dryer, Electric Range, Exhaust Fan, Microwave, Double Oven, Free-Standing Electric Range, Trash Compactor
FlooringTile, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard
Lot Size6.99 acres

Building Information

Year Built1999
Stories1
Garage Spaces2

Land Information

APN207742
Lot Number2
SubdivisionRiver Ridge Ranch Section Ii Phase I
Land UseAgriculture / Farming
Legal DescriptionRIVER RIDGE RANCH SECTION II PHASE I, BLOCK 001, LOT 0002, LIFE ESTATE, ACRES 6.99 LIFE ESTATE
Census Tract023301
Assessed Land Value$204,136
Assessed Improvement Value$361,455
Assessment Year2025

About this property

Whether you're an outdoor enthusiast, a nature lover, or simply seeking a peaceful escape from city life, look no further! This custom-built residence is in the prestigious, gated River Ridge Ranch community and offers the perfect blend of privacy and natural beauty. Situated on a sprawling 6.99-acre lot, just above the Lampasas River, just 29 miles from Georgetown, TX, this home boasts breathtaking views, scenic landscapes, and bountiful wildlife. Step inside this home, and you'll find an inviting floor plan designed for both comfort and functionality. Features include an oversized master suite, spacious kitchen with island and breakfast nook, family room with fireplace, formal dining room with tray ceiling, and a utility room. Exterior features include a gazebo with fire pit, private water well and septic system, and a detached 24’x30’ workshop. Recent updates include fresh exterior paint, new HVAC, and a new roof. River Ridge Ranch is a rural gated community that spans 1,200 acres and is nestled along the picturesque Lampasas River. Here, you'll experience the beauty of the Texas Hill Country while still being conveniently located near all the amenities and attractions of Bell County.

Investor Tools

Property Icon
$565,591
Estimated Property Value
$557,622Estimated Mortgage Balance
$21,150Estimated Equity
1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,394 /month
Positive
Cash Flow Estimate:
$1,131 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,075/month
$570/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,069
$565,591
2025
$204,136
$361,455
$565,591
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,069
$565,591

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Va
$557,622
Yes
First
Jan 28, 2025
Feb 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$546,127
$19,873
3%
97%
$3,344/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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218 Hi Ridge Dr | Property Details | No Agent List