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$842,000

NAL Estimated Property Value

23651 Wolfridge Rd, Killeen, TX, 76549

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,800 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$472.22 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Microwave, Range, Refrigerator
FlooringCarpet, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard

Building Information

Year Built1972
Stories1

Land Information

APN447664
SubdivisionM S Cearley
Land UseResidential
Legal DescriptionA1248BC M S CEARLEY, 24.035 ACRES IMP ONLY 1972 20X36 LAND OWNED BY HERBERT LONG & TRAVIS WAYNE 24.035 ACRES IMP ONLY 1972 20
Census Tract023301
Assessed Improvement Value$5,547
Assessment Year2025

About this property

Tucked behind a wrought-iron gated, this remarkable 40-acre ranch delivers rare flexibility, privacy, and turnkey rural living with two separate residences, thoughtfully improved land, and classic ranch infrastructure. The Main Residence is a modern, light-filled 1,800 sq ft home offering 3 bedrooms and 2 baths. The open-concept living space is anchored by soaring vaulted ceilings and durable laminate wood flooring, creating an inviting yet functional atmosphere. The gourmet kitchen shines with rich dark cabinetry, granite countertops, stainless steel appliances, and a timeless subway tile backsplash—perfect for everyday living or entertaining. After a day outdoors, unwind on the expansive covered patio, where wide-open views and legendary, unpolluted Texas sunsets steal the show. The Guest House provides exceptional versatility. This charming 960 sq ft, 2-bedroom, 1-bath cabin is tucked beneath mature oak trees and offers a cozy retreat ideal for extended family, guests, a ranch manager, or consistent rental income. The land itself is a standout. Carefully managed and cleared of dense cedar, the property showcases majestic heritage oak trees, rolling pasture areas, and excellent natural cover. The ranch is a proven haven for wildlife, including abundant whitetail deer, making it equally suited for wildlife viewing or seasonal hunting. With ample acreage, hunting blinds and trail systems maintain total privacy. Multiple cross-fenced pastures simplify livestock management, rotational grazing, or separating recreational and operational areas. A strong lineup of improvements supports both working and recreational ranch use, including a classic red barn, three-stall pole barn, and large well house. This is more than a property—it’s a complete ranch lifestyle. Quiet country mornings, wide-open skies, functional acreage, and true seclusion come together to create a rare opportunity for those seeking space, flexibility, and long-term enjoyment of the land.

Investor Tools

Property Icon
$842,000
Estimated Property Value
$0Estimated Mortgage Balance
$842,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,100 /month
Positive
Cash Flow Estimate:
$1,700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$357/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$73
$5,547
2025
N/A
$5,547
$5,547
No

Tax History

Year
Tax Paid
Assessed Value
2024
$73
$5,547

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$842,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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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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23651 Wolfridge Rd | Property Details | No Agent List