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B+
NoAgentList RatingHow are grades calculated? Info

$297,000

315 Cody Ln, Killeen, TX, 76542

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,834 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$163.58 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 1.75Bathrooms Full 1.75
Bathrooms Half 0.25Bathrooms Half 0.25
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Water Heater, Oven, Microwave
FlooringCeramic Tile

Exterior

Private PoolPrivate Pool

Building Information

Year Built1996
Stories1
Roof Type105
Garage Spaces2

Land Information

APN134943
Lot Number33
SubdivisionChaparral West Phase Ii
Land UseResidential
Legal DescriptionCHAPARRAL WEST PHASE II, BLOCK 004, LOT 0033
Census Tract023302
Assessed Land Value$48,000
Assessed Improvement Value$203,400
Assessment Year2025

About this property

***NO CITY TAXES • Large Lot • No Rear Neighbors • In-Ground Pool***Price Improvement*** This 4-bedroom, 2-bath home offers space, privacy, and value outside the city limits, providing the benefit of no city property taxes. The home sits on a large lot with no rear neighbors, creating a more private setting while remaining just minutes from Highway 195, shopping, dining, and major employers. The interior features a functional layout with generous living areas, neutral finishes, and consistent flooring throughout. The kitchen provides ample cabinet storage and connects easily to the main living and dining areas, supporting everyday living and entertaining. All bedrooms are well-sized, offering flexibility for guest rooms, home offices, or additional living needs. The backyard stands out with open space, added privacy, and a nice in-ground pool, ideal for outdoor enjoyment and gatherings. The lot size allows room for pets, play, or future customization. A strong opportunity for buyers seeking space, privacy, and long-term value with the advantage of no city taxes and convenient access to town.

Investor Tools

Property Icon
$297,000
Estimated Property Value
$38,434Estimated Mortgage Balance
$275,257Estimated Equity
87% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,800 /month
Positive
Cash Flow Estimate:
$600 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$277/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,840
$227,878
2025
$48,000
$203,400
$251,400
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,840
$227,878

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Usaa Fsb
Credit Line (Revolving) / Heloc
$38,434
No
First
Dec 1, 2008
Dec 2023

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$21,743
$275,257
92%
7%
$231/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.

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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