Is Killeen, TX a good place to invest in rental property?

Killeen, TX has a median modeled monthly cash flow of $-491 and a median cap rate of 4.0%, on a median sold price of $238,900. Prices changed -9.3% year over year.

What is the average cap rate in Killeen, TX?

The median cap rate across recently sold homes in Killeen, TX is 4.0%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Killeen, TX?

The median sold price in Killeen, TX is $238,900 (about $136 per square foot).

Investing in Killeen, TX Real Estate

A data-driven snapshot of the Killeen, TX rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$238,900Median sold price

$136Median $/sqft

4.0%Median cap rate

$-491Modeled cash flow / mo

-9.3%Appreciation YoY

17.7Months of supply

2,420Active listings

1,643Sold (last 12 mo)

What the Killeen numbers say

In Killeen, TX, the median home sold for $238,900 (about $136 per square foot), and the typical deal models out to a 4.0% cap rate with a median $-491 of monthly cash flow. Sold prices moved -9.3% over the past year. Inventory sits at about 17.7 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

🔨 See 9 fix-and-flip deals in Killeen — listings where the estimated after-repair value beats list price + rehab.

Other Texas markets to compare

See Killeen cash-flowing listings

CashFlowRE ranks every for-sale home in Killeen, TX by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Killeen deals, or browse the national market data.