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$154,751

NAL Estimated Property Value

701 Alexander St, Killeen, TX, 76541

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,630 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$87.12 / sqft
Year BuiltBuilt in 1961

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1.75Bathrooms Full 1.75
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Disposal, Gas Water Heater, Range
FlooringTile, Wood

Building Information

Year Built1961
Stories1
Roof Type105

Land Information

APN116202
Lot Number9
SubdivisionHillandale 2nd Section
Land UseResidential
Legal DescriptionHILLANDALE 2ND SECTION, BLOCK 004, LOT 0009
Census Tract022200
Assessed Land Value$16,000
Assessed Improvement Value$138,751
Assessment Year2025

About this property

Charming 3BR/2BA home offering 1,630 sq ft of comfortable living space in the established Hillandale neighborhood. This property features multiple living areas with original restored wood and tile flooring, a spacious kitchen with plenty of cabinet space,new dishwasher, and large sliding glass doors leading to a shaded backyard. Enjoy a gas water heater and furnace for energy efficient comfort, fenced yard with storage shed, and no HOA! The home’s traditional brick exterior offers timeless curb appeal, complemented by a brand-new roof for peace of mind. Located near Killeen ISD schools, shopping, and Fort Cavazos perfect for first time buyers or investors. Move-in ready and full of potential!

Investor Tools

Property Icon
$154,751
Estimated Property Value
$138,417Estimated Mortgage Balance
$16,334Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$929 /month
Positive
Cash Flow Estimate:
$310 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$284/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,630
$154,751
2025
$16,000
$138,751
$154,751
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,630
$154,751

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Highlands Residential Mortgage Ltd
Fha
$139,428
Yes
First
Dec 12, 2025
Jan 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$138,417
$16,334
10%
89%
$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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701 Alexander St | Property Details | No Agent List