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$1,314,000

NAL Estimated Property Value

343 Riverside Dr, Killeen, TX, 76542

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,413 Sq Ft
price_per_sqft$662.66 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
AppliancesConvection Oven, Double Oven, Dishwasher, Gas Cooktop, Gas Range, Ice Maker, Plumbed For Ice Maker, Refrigerator, Tankless Water Heater, Vented Exhaust Fan, Washer, Microwave, Range
FlooringConcrete, Painted/Stained

Exterior

Exterior FeaturesAwnings, Covered Patio, Fire Pit, Horse Facilities, Lighting, Outdoor Grill, Outdoor Kitchen, Other, Porch, Private Yard, Storage, See Remarks, Propane Tank Owned
Lot Size17.32 acres

Building Information

Year Built2017
Stories1

Land Information

APN400101
SubdivisionFrancis Kennedy
Land UseAgriculture / Farming
Legal DescriptionA0488BC FRANCIS KENNEDY, ACRES 17.325
Census Tract023301
Assessment Year2025

About this property

Meet tranquility at STEEL HORSE RANCH with its hilltop view of the Lampasas River. With 520 ft of beach like frontage, this 17+ acre property offers custom 3/2 main residence, oversized carport, spacious horse barn w/living quarters, plus separate 1890 sq ft workshop. 8 ft game fencing at perimeter w/split rail cross fence. Wildlife management in place. Home is 12" steel frame with stick frame finish-out. Spray foam insulation in walls & ceilings, high efficiency HVAC, heat pump w/gas heat. High ceilings & gorgeous windows in living and kitchen integrate seamlessly with covered outdoor kitchen for effortless entertaining. Two fireplaces, wood burning with gas insert in living and gas unit on patio. Huge butcher block island anchors the kitchen with abundant storage. Commercial vent hood in copper tops the THOR dual fuel range w/gas cooktop & double electric ovens. Walk in pantry, granite tops, copper sink, stainless LG refrigerator & dishwasher, and drawer microwave round out your food prep needs. Washer/dryer & freezer in spacious utility room all convey and extras are large sink, desk area, closet & generous cabinetry. Primary suite offers unique floor design, large walk-in closet, glass shower w/Bluetooth speaker, copper soaking tub, separate vanities & gorgeous view of the river. 2nd bedroom has built-in bunkbeds, 3rd bedroom currently used as gym, all equipment conveys. Stained concrete flooring & natural wood interior features, exude calm & comfort in this nature-inspired setting. Water supplied by private well with two 1000 gal holding tanks, water heater is gas, Rheem tankless on demand, lawn and landscape serviced by automatic irrigation. Horse barn has 2 stalls, concrete alley & shower stall, tack room, and studio apartment w/washer dryer connections. Covered parking for tractors, trailers, etc... loafing shed nearby. RV hookups by barn. All structures were high & dry during recent historic record-breaking flooding in central Texas. Florence ISD. NICE!

Investor Tools

Property Icon
$1,314,000
Estimated Property Value
$797,095Estimated Mortgage Balance
$516,905Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,594 /month
Positive
Cash Flow Estimate:
$3,198 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,515/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$794,991
2025
N/A
N/A
$949,584
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$794,991

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Movement Mortgage
Conventional
$806,500
No
First
Sep 29, 2025
Oct 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$797,095
$516,905
39%
61%
$4,836/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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343 Riverside Dr | Property Details | No Agent List