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$246,000

4900 Michael Dr, Killeen, TX, 76549

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,887 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$121.89 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
AppliancesDishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Oven, Refrigerator
FlooringCarpet, Ceramic Tile

Exterior

Lot Size8,159 sqft

Building Information

Year Built2002
Stories1
Roof Type105
Garage Spaces2

Land Information

APN230948
Lot Number10
SubdivisionClear Creek Estates Phase I
Land UseResidential
Legal DescriptionCLEAR CREEK ESTATES PHASE I, BLOCK 020, LOT 0010
Census Tract023111
Assessed Land Value$39,000
Assessed Improvement Value$206,908
Assessment Year2025

About this property

Welcome to 4900 Michael Dr! This home is a spacious 4-bedroom, 2-bath property designed with comfort and entertaining in mind! As soon as you step inside, you’re greeted by a formal dining room and a second living area, offering plenty of space for gatherings or flexible use. Continue through to the main living room that flows seamlessly into the kitchen, creating the perfect setup for hosting friends and family. This home features a fresh coat of paint and ceiling fans throughout for added comfort. The kitchen features a center island, providing extra prep space, storage, and a great spot for casual dining or conversation while cooking. Step outside to enjoy the backyard with a storage shed—ideal for tools, equipment, or extra space. Conveniently located near shopping, dining, and everyday essentials, this home is a must-see!

Investor Tools

Property Icon
$246,000
Estimated Property Value
$116,195Estimated Mortgage Balance
$158,815Estimated Equity
53% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,476 /month
Positive
Cash Flow Estimate:
$492 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$381/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,342
$245,908
2025
$39,000
$206,908
$245,908
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,342
$245,908

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Homebridge Financial Services Inc
Va
$116,195
Yes
First
Dec 19, 2014
Jan 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$87,185
$158,723
64%
35%
$697/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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4900 Michael Dr | Property Details | No Agent List