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Owner financed homes in Killeen, TX

Check our updated investment properties for sale in Killeen, TX. The real estate deals have been wisely curated by our team for you to achieve a cashflow-positive property investment. Added, investment tips and performance data in Killeen, TX.

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Long Term Rental

Killeen Fully Occupied Quadplex $325k

1108 Eastside Dr, Killeen

Purchase Price:$325,000

Cashflow:$587/mo

Cap Rate:8.06%

Long Term Rental

Killeen CASHFLOW HEAVY Quadplex Fully Occupied $415k

4707 Westcliff Rd, Killeen

Purchase Price:$415,000

Cashflow:$1,317/mo

Cap Rate:9.64%

Long Term Rental

Killeen 23-Plex Cashflow Heavy $2M

411 E Central Texas Expy, Killeen

Purchase Price:$2,000,000

Cashflow:$4,819/mo

Cap Rate:8.73%

Long Term Rental

Killeen Occupied 1% Rule Quadplex $375k

4806 Rainbow Cir, Killeen

Purchase Price:$375,000

Cashflow:$783/mo

Cap Rate:8.34%

Long Term Rental

Killeen Occupied Duplex $325k

3006 Dannen Ct, Killeen

Purchase Price:$325,000

Cashflow:$163/mo

Cap Rate:6.59%

Long Term Rental

Killeen Cashflowing Long Term Rental Quadplex $335k

4504 Hunt Cir, Killeen

Purchase Price:$335,000

Cashflow:$653/mo

Cap Rate:8.33%

Long Term Rental

Killeen Cashflowing Quadplex $370k

1710 Windward Dr, Killeen

Purchase Price:$370,000

Cashflow:$400/mo

Cap Rate:7.28%

Long Term Rental

Killeen Fully Occupied Duplex $295k

3002 Honeysuckle Cir, Killeen

Purchase Price:$295,000

Cashflow:$432/mo

Cap Rate:7.59%

Long Term Rental

Killeen Cashflowing Quadplex $325k

1108 Eastside Dr, Killeen

Purchase Price:$325,000

Cashflow:$564/mo

Cap Rate:8.07%

Long Term Rental

High Demand Quadplex Near Military Base $435k

203 W Mary Jane Dr, Killeen

Purchase Price:$415,000

Cashflow:$383/mo

Cap Rate:6.94%

Long Term Rental

Quadplex Near Major Military Base $309k

1301 Wales Dr, Killeen

Purchase Price:$309,000

Cashflow:$623/mo

Cap Rate:8.40%

Long Term Rental

Quadplex Hitting The 1% Rule $375k

4806 Rainbow Cir, Killeen

Purchase Price:$375,000

Cashflow:$589/mo

Cap Rate:7.72%

Long Term Rental

Cashflowing Quadplex in Killeen $350k

1313 Quail Cir, Killeen

Purchase Price:$350,000

Cashflow:$494/mo

Cap Rate:7.53%

Long Term Rental

Quadplex Exceeding The 1% Rule $317k

4503 Westcliff Rd, Killeen

Purchase Price:$317,000

Cashflow:$657/mo

Cap Rate:8.17%

Long Term Rental

Cash Cow 8-Plex $350k

2902 Lake Rd, Killeen

Purchase Price:$350,000

Cashflow:$1,510/mo

Cap Rate:11.16%

My Crucial Tip To Purchase Investment Properties In Killeen, TX.

Killeen has a very strong military presence and an affordable housing market, so there are excellent opportunities to use the owner-financed strategy. Investors will do well to target single-family homes and multi-unit properties near Fort Hood, catering to military families and, potentially, veterans. Remember, owner financing generally appeals to buyers with stable incomes who may face traditional mortgage challenges, so you need to offer a flexible alternative for these people. Offering flexible terms can attract reliable long-term buyers, reducing vacancy risks and ensuring a steady income. Killeen has a steady demand for housing due to its growing economy and military community. This presents opportunities for owner-financed properties if you want to pursue this strategy to make sustainable and profitable additions to your portfolio. With the right approach, you can secure consistent returns while supporting the local housing market. But you will need to make wise choices by analyzing local markets and exploring the best terms to appeal to prospective buyers in Killeen.

Killeen Investment performance and average price

Avg Purchase Price Avg Cap Rate Avg Cash on Cash Return Avg Cash Needed to close
Commercial 5+ units LTR 125k - 200k per door 4% - 7% 0%-5% (assumes 25% down payment) $45,000 per door
Short Term Rental (SFH) 350k - 550k 7% - 9% 8% - 12% $92,500 (furnished)
STR (2-4 Units) 175k - 225k per door 8% - 10% 9% - 13% $51,500 per door (furnished)
Long Term Rental (2-4 Units) 150k - 200k per door 3% - 5% 0% - 5% $48,000 per door
Long Term Rental (SFH) 275k - 350k 0% - 4% 0% - 4% $71,500
Househack (2-4 Units) 150k - 200k per door n/a n/a $12,250 per door
Househack (SFH) 300k - 400k n/a n/a $17,500

Frequently asked questions

I’m ready to invest, what should be my next step?

Let’s go! We’re excited to work with you. If you haven’t already, please reach out directly and we’ll set up an intro call. During your call we will review your criteria and set up your searches as well as answer any granular questions you might have. You should also reach out to a lender and get started on the loan approval process so we can hit the ground running and start submitting offers. We have several preferred lenders we can introduce you to. Once you have a pre approval, submitting an offer is as easy as texting us the address you want to bid on as well as offer price and we’ll take it from there. We can’t wait to work with you!

Do you personally invest in real estate?

Everybody on our team is an active real estate investor. Victor and his wife purchase several investment properties per year and have no plans to slow down their acquisitions. They have purchased locally as well as out of state, single family, multi family, commercial residential, short term rentals, long term rentals, mid term “travel nurse” rentals and Rent By The Room houses. Anybody you interact with on our team is walking the walk and personally executing on the strategies we’re presenting.

How many clients do you work with?

We cap our Active Investor List at 30 individuals. We found this to be the number of clients we can comfortably service while still maintaining a high touch experience. You will not be just another name on an email list while working with us. You will have Victor and his team opening your file each day to see if we have anything meeting your criteria. Note- since we are a high touch operation we do not chase clients. If a client fails to maintain an active dialogue or if we send several curated deals with no response in return we will be quick to remove that client from our active list so we can dedicate energy and attention to our engaged investors.

Do you work with clients looking for 5+ unit buildings, commercial or retail investors?

YES! You will notice purchase cap rates for larger commercial grade assets INCREASE alongside interest rates. Between 2019 to June 2022 we did very few commercial multi family transactions. As interest rates have risen we’ve noticed more and more opportunity to break into the 5+ unit space at favorable cap rates and have been picking up some excellent inventory.

Can I still find cashflow in Austin, DFW or San Antonio?

Yes, but each market will require a slightly different strategy in order to see positive cashflow. For example- cashflow from a single family home rented out to a long term tenant in Austin is almost impossible given the current rent-to-price ratios, but, cashflow is very possible if you’re willing to use more esoteric management strategies such as Rent By The Room or Short Term Rentals. Conversely- we can pretty easily find a recently built single family home in a good area that will cashflow positive in San Antonio. We can discuss what mix of asset type, location and management strategy will be the best fit for your goals.

I’m out of state- can you still help me?

YES. The majority of our investors are actually not local to the market they are buying in. We’ve set up systems to service your demographic such as video walkthroughs, mobile notary signing services, all electronic docs, property management contacts and a rolodex of service providers to help make your OOS deal a success. You’ll never need to leave your couch.

How many people are on your team? Will I work with you directly?

There are 6 full time team members as well as a small army of contractors that support us with showings, video walk throughs and key pickup/ dropoff. 3 full time investor agents, an analyst, closing coordinator and assistant. You will work directly with Victor especially during the first phase of the buying process as we define your strategy and work to get your deal under contract. Once under contract our closing coordinator will handle most of your backend paperwork

Positive Cashflow in Appreciating Markets

Ready to invest in central Texas real estate?

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