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NoAgentList RatingHow are grades calculated?Info

$220,863

NAL Estimated Property Value

5308 Gunnison Dr, Killeen, TX, 76542

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,646 Sq Ft
SingleFamilyResidenceSingleFamilyResidence
price_per_sqft$133.05 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesDishwasher, Electric Range, Electric Water Heater, Other, Refrigerator, See Remarks, Some Electric Appliances, Microwave, Range
FlooringCarpet Free, Laminate, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesEnclosed Porch, Patio

Building Information

Year Built2003
Stories1
Roof Type105
Garage Spaces2

Land Information

APN187807
Lot Number5
SubdivisionHymesa Estates Phase Seven Section Three
Land UseResidential
Legal DescriptionHYMESA ESTATES PHASE SEVEN SECTION THREE, BLOCK 031, LOT 0005
Census Tract022407
Assessed Land Value$38,000
Assessed Improvement Value$182,863
Assessment Year2025

About this property

Welcome to 5308 Gunnison Drive in Killeen, Texas—a beautifully maintained single-story home offering 3 spacious bedrooms, 2 full bathrooms, and a functional layout designed for comfortable everyday living. Situated on a quiet street with no HOA, this property combines thoughtful updates, energy-efficient features, and flexible living spaces both inside and out. Step inside to find fresh interior paint, updated lighting, and high-end granite countertops that elevate the kitchen and living areas. The versatile front flex room can serve as a home office, playroom, formal dining area, or additional sitting space to fit your lifestyle. Large bedrooms and generous living spaces provide comfort and flexibility throughout the home, while the separate laundry room adds convenience and charm with its fun chalkboard utility door. Enjoy lower utility bills and peace of mind with the durable long-life metal roof and recently serviced HVAC system. Outside, the home features beautiful mature shade trees, privacy fencing, and a screened porch—perfect for relaxing outdoors without the Texas mosquitos. The gated side yard offers additional flexible space ideal for pets, storage, or hobbies. Located within walking distance to two elementary schools with community fields and parks, this home also provides easy access to the nearby Armed Forces YMCA, featuring a pool, gym, walking trails, and recreation areas. Outdoor enthusiasts will appreciate the close proximity to both Belton Lake and Stillhouse Hollow Lake for boating, fishing, and weekend adventures. If you’re looking for a move-in ready home with character, flexibility, and a convenient Killeen location, 5308 Gunnison Drive is a must-see!

Investor Tools

Property Icon
$220,863
Estimated Property Value
$117,941Estimated Mortgage Balance
$102,922Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,325 /month
Positive
Cash Flow Estimate:
$442 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$364/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,261
$220,863
2025
$38,000
$182,863
$220,863
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,261
$220,863

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Castle & Cooke Mortgage Llc
Conventional
$131,165
No
First
Mar 5, 2021
Apr 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$117,941
$102,922
46%
53%
$787/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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5308 Gunnison Dr | Property Details | No Agent List