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$144,335

NAL Estimated Property Value

2200 Grandon Cir, Killeen, TX, 76541

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,443 Sq Ft
price_per_sqft$103.95 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Absentee Owner

Highlights

Interior

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

Exterior

Exterior FeaturesNone

Building Information

Year Built1973
Stories1
Roof Type105
Garage Spaces2

Land Information

APN102606
Lot Number9
SubdivisionSouthtown Addition
Land UseResidential
Legal DescriptionSOUTHTOWN ADDITION, BLOCK 001, LOT 0009
Census Tract022501
Assessed Land Value$30,000
Assessed Improvement Value$158,337
Assessment Year2025

About this property

Investor Special! Needs TLC and some updating. This 3-bedroom, 2-bathroom home is in need of some repairs, but offers incredible potential. With its prime location, it presents a fantastic opportunity to start or grow your rental portfolio or transform it into your dream home. The property is just minutes away from shopping, entertainment, restaurants, and grocery stores, providing ultimate convenience. Plus, it’s only a 9-minute drive to Fort Cavazos, making it an ideal home for military families or anyone seeking proximity to the base. Don’t miss out on this great investment opportunity!

Investor Tools

Property Icon
$144,335
Estimated Property Value
$220,702Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$900 /month
Positive
Cash Flow Estimate:
$300 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$111/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$604
$144,335
2025
$30,000
$158,337
$188,337
No

Tax History

Year
Tax Paid
Assessed Value
2024
$604
$144,335

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The Loan Store Inc
Conventional
$112,500
No
First
Apr 17, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$220,702
N/A
0%
153%
$1,350/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,360/mo
$1,350/mo
+$10/mo
11.3%

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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