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$283,000

501 Hedy Dr, Killeen, TX, 76542

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,883 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$151.35 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
AppliancesDishwasher, Electric Range, Microwave, Range
FlooringCeramic Tile

Exterior

Lot Size10,250 sqft

Building Information

Year Built2008
Stories1
Roof Type105
Garage Spaces2

Land Information

APN386701
Lot Number22
SubdivisionSplawn Ranch Subdivision Phase 1
Land UseResidential
Legal DescriptionSPLAWN RANCH SUBDIVISION PHASE 1, BLOCK 004, LOT 0022
Census Tract023302
Assessed Land Value$46,000
Assessed Improvement Value$211,597
Assessment Year2025

About this property

Welcome to this stunning Contemporary/Modern home located in the highly desirable Splawn Ranch Subdivision. Boasting 4 spacious bedrooms and 2 full bathrooms, this beautifully designed split floor plan offers both privacy and functionality. The inviting entrance foyer leads into a formal dining room and a large living area highlighted by high ceilings, crown molding, and a cozy fireplace. The heart of the home is the open-concept kitchen, featuring an eat-in layout with a center island, electric range, built-in microwave, and dishwasher. Multiple dining areas provide plenty of space for everyday meals or entertaining guests. Enjoy the luxurious primary suite with a double vanity, soaking tub, separate shower, and a large walk-in closet. Ceramic tile flooring runs throughout the main areas, and ceiling fans are thoughtfully placed for added comfort. A dedicated laundry room adds to the convenience. Step outside to a covered back patio overlooking the fully fenced backyard—ideal for relaxing evenings or weekend gatherings. A 2-car garage completes this move-in-ready gem. Conveniently located near schools, shopping, dining, and major roads, this home blends modern style with everyday comfort—perfect for any lifestyle. And just a short drive to Georgetown, TESLA and the new Chip Plant!

Investor Tools

Property Icon
$283,000
Estimated Property Value
$270,750Estimated Mortgage Balance
$0Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,710 /month
Positive
Cash Flow Estimate:
$570 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$470/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,225
$257,597
2025
$46,000
$211,597
$257,597
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,225
$257,597

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Research Center Llc
Conventional
$270,750
No
First
Jul 10, 2025
Aug 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$533,580
N/A
0%
189%
$3,248/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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