Killeen Cash Flow Powerhouse – $135K Investment Opportunity!
KILLEEN CASH FLOW GEM: FORT HOOD-ADJACENT 3/2 WITH DUAL STRATEGY POTENTIAL - ONLY $135K! Property Overview
Price: $135,000
3 Bedrooms / 2 Bathrooms
1,411 sq ft Living Area
9,100 sq ft Lot
Year Built: 1972
Investment Highlights
Excellent Location: Situated in established Killeen neighborhood with proximity to Fort Hood
Rental Potential: Strong rental market in area with consistent demand from military personnel
Value-Add Opportunity: Potential to increase property value with strategic updates
Good Bones: Well-maintained property with solid foundation and structure
Flip Opportunity: Comparable flips in the neighborhood showing average $23,375 profit
Quick Turnaround: Similar properties flipped in average of 4 months
Flipped Comparable Properties
Recent Flips in the Area:
406 Daffodil Dr, Killeen, TX 76542: Purchased $135,000, Renovated $25,000, Sold $225,000 = $65,000 profit (4 months, 16.2% ROI)
2203 Lily Dr, Killeen, TX 76542: Purchased $135,500, Renovated $30,000, Sold $235,000 = $70,000 profit (5 months, 14.2% ROI)
1018 Colton Cir: Purchased $127,000, Renovated $35,000, Sold $185,000 = $23,000 profit (3 months, 14.2% ROI)
2318 Botanical Dr: Purchased $132,000, Renovated $28,000, Sold $229,000 = $69,000 profit (4 months, 13.8% ROI)
Average Profit: $40,375 Average ROI: 24.6% Average Time Frame: 4 months
Rental Comps
Current Rental Market:
1105 Bonner Dr: 3 bed/2 bath, 1,400 sq ft - $1,450/month ($1.04/sq ft)
980 Pershing Dr: 3 bed/2 bath, 1,350 sq ft - $1,400/month ($1.04/sq ft)
1022 Atkinson Ave: 3 bed/2 bath, 1,425 sq ft - $1,475/month ($1.04/sq ft)
1190 Colton Dr: 3 bed/2 bath, 1,500 sq ft - $1,550/month ($1.03/sq ft)
Average Monthly Rent: $1,469 Estimated Monthly Rent for Subject Property: $1,450
Financial Analysis
Purchase Price: $135,000
Estimated Monthly Rent: $1,450
Gross Annual Rent: $17,400
Estimated Annual Expenses (35% of rent): $6,090
Net Operating Income: $11,310
Cap Rate: 8.38%
Cash-on-Cash Return (assuming 20% down, 7% interest, 30-year loan): ~12.5%
Neighborhood & Amenities
Proximity to Fort Hood: 10-minute drive to main gate
Critical for attracting military tenants
Steady supply of potential renters
Schools:
Pershing Park Elementary (0.5 miles)
Manor Middle School (1.2 miles)
Killeen High School (1.7 miles)
Shopping & Dining:
Killeen Mall (2.5 miles)
H-E-B Grocery Store (1.8 miles)
Walmart Supercenter (2.3 miles)
Various restaurants along W.S. Young Dr (1.5 miles)
Recreation & Parks:
Long Branch Park (0.8 miles)
Lions Club Park (2.1 miles)
Stonetree Golf Club (3.5 miles)
Transportation:
Easy access to US-190/I-14
Killeen-Fort Hood Regional Airport (7 miles)
About Killeen, TX
Population: ~150,000
Military presence: Fort Hood (largest active-duty armored post in the U.S.)
Economy: Primarily driven by military and supporting industries
Growth: Steady population increase over the past decade
Job market: Diversifying with growth in healthcare, education, and retail sectors
Why This Property?
Stable Market: Killeen's real estate market benefits from the steady presence of Fort Hood
Affordability: The property is priced below comparable sales in the area
Consistent Demand: Military personnel provide a reliable tenant pool
Potential for Appreciation: As Killeen continues to grow, property values are likely to increase
Flip Potential: Based on comparable flips in the area, potential for $20,000+ profit with strategic renovations
Multiple Exit Strategies: Hold as rental OR flip for profit
Contact Information
For more details or to schedule a viewing, please contact:
JNA Dynamic Holdings LLC
Phone: (469) 949-3363
Email: [email protected]
Website: www.jnadynamicholdings.co
We specialize in turnkey rentals and value-add opportunities in the Central Texas region, with a focus on military markets like Killeen. Our team provides personalized investment solutions for both novice and experienced investors.
