








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Killeen at 1506 Stephen St, Killeen, TX, 76549 earns $446/mo cash flow from $1,830/mo rent with a $925/mo payment. Total monthly income totals $1,830/mo, and annual cash flow totals $5,354/yr on $62,654 capital. ROI tracks 28.46% on current figures, and rental yield reads 11.62% at a $189,000 purchase. Equity gained on principal adds $1,220/yr, and 5% annual appreciation supports $52,217 over five years. Five-year ROI reaches 150.21% and total cumulative return in cash sums $94,114. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,830/mo property income instead of your personal income.
Single Family
Built in 1964
8,319 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76549, Killeen, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,404 (100%) |
| Owner Occupied HU | 11,357 (50.7%) |
| Renter Occupied HU | 9,942 (44.4%) |
| Vacant Housing Units | 1,105 ( 4.9%) |
| Median Home Value | $235,442 |
| Average Home Value | $274,357 |
Residential
21,114
Single Family
19,798
Multi-Family
1,316
Businesses
622
Date | Event | Price |
|---|---|---|
| 2025-01-08 | Listed for sale | $189,000 |
| 2024-12-30 | Contingent | $189,000 |
| 2024-12-11 | Listed for sale | $189,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $3615.11 | 10.82% | $181,479 | 5.31% |
| 2023-02-13 | $3262.13 | 448.00% | $172,329 | 58.23% |
| 2022-02-13 | $595.28 | N/A | $108,910 | 10.00% |



Listed by: Nikita Hendricks • eXp Realty - Austin
Mls Name: Central Texas MLS
Mls Provider:
Mls ID: #559825
Disclaimer: Listing and property data is from an Internet Data Exchange (IDX) provided by the Central Texas MLS. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025 Central Texas MLS, All Rights Reserved.