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B+
NoAgentList RatingHow are grades calculated? Info

$389,587

735 Slawson Ln, Killeen, TX, 76542

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,902 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$236.59 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1.75Bathrooms Full 1.75
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesMicrowave, Oven
FlooringVinyl

Exterior

Lot Size3.11 acres

Building Information

Year Built1982
Stories1
Roof Type105
Garage Spaces3

Land Information

APN40889
Lot Number11B
SubdivisionChaparral Estates
Land UseResidential
Legal DescriptionCHAPARRAL ESTATES, BLOCK 001, LOT 011B, (TOD DEED), ACRES 3.11 (TOD DEED)
Census Tract023302
Assessed Land Value$153,790
Assessed Improvement Value$235,797
Assessment Year2025

About this property

Don't miss this opportunity with LOW TAXES (1.31%!) and NO HOA in Killeen! Sitting on a level 3+ acre lot, this charming single-story ranch is the ideal property for someone wanting to run a business from home. The original 3-bedroom house was updated and converted into a 2-bedroom with additional space in the living area (current owner used this space to run a business from home). The house could very easily and affordably be converted back to 3 bedrooms. The interior features an open floor plan with a fully remodeled kitchen including quartz countertops and updated cabinetry, two bedrooms, three bathrooms and a great office space. Flooring has been updated and one bay of the three car garage has been converted to storage space that can be locked for additionaly security. Located minutes from the brand-new Chaparral High School and with great access to Killen and 195, this property provides the peaceful feeling of countryside living while also being in an area that is expected to see significant growth in coming years. The 3 acre lot is the perfect size for keeping a few horses while not requiring endless maintenance. Schedule your showing today!

Investor Tools

Property Icon
$389,587
Estimated Property Value
$437,000Estimated Mortgage Balance
$0Estimated Equity
-12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,700 /month
Positive
Cash Flow Estimate:
$900 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$488/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,912
$389,587
2025
$153,790
$235,797
$389,587
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,912
$389,587

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First National Bank Texas
Va
$437,000
Yes
First
Jul 1, 2025
Aug 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$430,609
N/A
0%
111%
$2,621/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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