617 Deloris Dr · Killeen, TX 76542

$189,000

4 bd · 2.0 ba · 1,450 sqft · SingleFamily public records · 34 Days on market

Built 1997 7,710 sqft lot $130/sqft · 13% below area Est $217k · 13% under

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Why this score? — see what drove the D- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• ARV discount +13.4/15.0
• Cash flow +8.5/30.0
• 1% rule +3.4/10.0
• Livability +3.2/5.0
• Schools +3.0/10.0
• Condition / age +2.5/5.0
• DSCR +2.3/10.0
• Rent growth +2.0/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome home to this beautifully maintained 4-bedroom, 2-bathroom home offering comfort, space, and functionality for the whole family. The open-concept kitchen features stainless steel appliances, a pantry, and a breakfast area that flows seamlessly into the living room great for entertaining or everyday living. The spacious primary suite includes a relaxing shower/tub combo, creating the perfect retreat after a long day. Step outside to enjoy the covered patio and backyard swing set, ideal for family fun, gatherings, or simply unwinding outdoors. This well-maintained home combines convenience with cozy charm and is ready for its next residents to enjoy. Schedule your showing today!!

Key facts

• Open-concept kitchen
• Covered patio
• Backyard swing set

Tags

• OPEN-CONCEPT KITCHEN
• STAINLESS STEEL APPLIANCES
• BREAKFAST AREA
• COVERED PATIO
• BACKYARD SWING SET

Property features AI

Finance

• Other: No accessory unit; Restrictions: Other
• Financial info: Listing terms include Cash, Conventional, FHA, VA Loan
• HOA & community: No homeowners association

Exterior

• Parking: Attached 2-car garage; 2 covered parking spaces
• Security: Leased security system
• Utilities: City water; City sewer; Municipal utility district: No
• Home design: Single-family residence; One story; Residential property; Built in 1997; Security system (leased)
• Construction: Brick construction; Composition/shingle roof; Slab foundation
• Exterior features: Covered porch(es); Covered patio/porch; Gutters; Privacy wood fencing; Pergola; Interior lot

Interior

• Kitchen: Dishwasher; Disposal; Electric range; Refrigerator; Breakfast bar; Walk-in pantry
• Bedrooms: 4 bedrooms (all on main level); Primary bedroom with ensuite bath and walk-in closet
• Flooring: Carpet; Tile
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (electric); Central air (electric); Ceiling fan(s)
• Interior features: Eat-in kitchen; Pantry; Wired for data; One living area; One dining area; 7 total rooms
• Laundry & utility: Washer hookup; Electric dryer hookup; Electric water heater

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $189k.

Deal economics

• At list price, monthly cash flow is $-167 ($-2k/yr) — negative.
• To cash-flow at today's rent, offer at most $159k (15.6% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $159k (15.9% below list).
• Recommended offer: $159k (15.9% below list) — sets the bar for 1% rule.
• Cap rate 5.2% vs local median 3.9% in Killeen — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 63/100 on livability (#853 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: amenities D, employment D, crime D-.
• Killeen ISD (urban): math 31% / reading 38% proficiency, ranked #524 of 826 in TX (top 63%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Reeces Creek El (math 23% / reading 29%, grade F, #2,954 of 4,322 statewide, top 69%, 856 students, 67% FRL) — zoned schools average 67% FRL vs 47% district-wide (20 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents soft (-1.9%/yr); 644 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 48% of comp listings sitting > 30 days — soft ceiling on asking rent; 3,222 units permitted in Bell County in 2024 (246 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.
• Bell County population projected at +21% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 34 days — a 3% lower offer ($183k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 10y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 60% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→24/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $158,880 (15.9% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 34 days. Have you received any prior offers? Is the seller open to a 16% concession, seller financing, or rate buy-down credit?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
5. Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
6. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
9. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.84% ✗
• Cap rate: 5.23%
• Cash-on-cash: -3.79%
• DSCR: 0.83
• GRM: 9.9

CMA / ARV

• ARV (median comp): $217,498
• List price: $189,000
• Delta: -13.10%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
4711 Ronald Dr	0.05mi	4/2.0	1,450 (0%)	7mo	$200,000	$138	92
4804 Topsey Dr	0.46mi	3/2.0 (-1)	1,447 (-0%)	1mo	$219,500	$152	72
4612 Ronald Dr	0.20mi	3/2.0 (-1)	1,558 (+7%)	2mo	$167,000	$107	72
305 James Loop	0.43mi	3/2.0 (-1)	1,474 (+2%)	5mo	$219,000	$149	68
4904 Lindsey Dr	0.63mi	3/2.0 (-1)	1,473 (+2%)	0mo	$210,000	$143	62
4803 Addie Dr	0.39mi	3/2.0 (-1)	1,520 (+5%)	8mo	$212,000	$139	62
211 W Vega Ln	0.61mi	3/2.0 (-1)	1,543 (+6%)	11mo	$220,000	$143	47
1421 Rolling Thunder Dr	0.74mi	3/2.0 (-1)	1,501 (+4%)	18mo	$247,975	$165	40
213 W Vega Ln	0.61mi	3/2.0 (-1)	1,248 (-14%)	8mo	$193,000	$155	37
508 W Gemini Ln	0.69mi	3/2.0 (-1)	1,576 (+9%)	16mo	$249,900	$159	35
4805 Velma Dr	0.70mi	3/2.0 (-1)	1,587 (+9%)	15mo	$209,999	$132	34
1428 Rolling Thunder Dr	0.73mi	3/2.0 (-1)	1,263 (-13%)	19mo	$230,975	$183	24

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -26.4%
• Equity multiple: 0.13×
• Total profit: $-45,837
• Equity at exit: $28,181

10-year hold

• IRR: -39.9%
• Equity multiple: -0.35×
• Total profit: $-71,235
• Equity at exit: $16,341

Cash invested: $52,920 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Texas: 87 Strongly Landlord-Friendly · R+5
• County: — inherits STATE
• City: — inherits STATE

3-day notice; statewide preemption; one of the fastest eviction climates; Travis County (Austin) slightly slower.

Methodology + full state rankings →

ZIP-level market 76542

• Home prices YoY: -21.7%
• Rents YoY: -1.9%
• Active inventory: 644
• Price-to-rent: 9.9×

Monthly cashflow live

• Estimated rent: $1,589 high
• Mortgage (P&I): −$991
• Tax from tax record: −$352 /mo · $4,230/yr
• Insurance: −$79
• HOA: −$0
• Vacancy / Maint / Mgmt: −$334
• Net cashflow: $-167

Break-even live

Break-even rent $1,800

Max offer price $159,459

Occupancy floor —

Sensitivity live

Price	-10% $-60	-5% $-114	+0% $-167	+5% $-221	+10% $-274
Rent	-10% $-293	-5% $-230	+0% $-167	+5% $-104	+10% $-42
Rate	-1.0pp $-72	-0.5pp $-119	base $-167	+0.5pp $-216	+1.0pp $-266

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $47,250
• Closing costs: $5,670
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4702 Ronald Dr Killeen, TX	3.0	2.0	1280	$1,800	$1.41	45d	1	0.10mi
701 Sladecek Dr Unit B Killeen, TX	3.0	2.0	1313	$1,350	$1.03	15d	1	0.19mi
601 Sladecek Dr Killeen, TX	3.0	2.0	1340	$1,200	$0.90	45d	1	0.20mi
601 Sladecek Dr Unit B Killeen, TX	3.0	2.0	1340	$1,500	$1.12	45d	1	0.20mi
303 Carly Dr Killeen, TX	4.0	2.0	1515	$1,700	$1.12	15d	1	0.22mi
502 Sladecek Dr Unit A Killeen, TX	3.0	2.0	1304	$1,275	$0.98	45d	1	0.24mi
5211 James Loop Killeen, TX	3.0	2.0	1454	$1,550	$1.07	45d	1	0.38mi
1108 Carlsberg Dr Unit B Killeen, TX	3.0	2.0	1272	$1,400	$1.10	24d	1	0.39mi
1107 Carlsberg Dr Unit A Killeen, TX	3.0	2.0	1272	$1,445	$1.14	15d	1	0.40mi
507 W Little Dipper Killeen, TX	4.0	2.0	1657	$1,800	$1.09	15d	1	0.42mi
803 Leifester Cir Unit B Killeen, TX	3.0	2.0	1000	$1,185	$1.19	45d	1	0.42mi
5001 Addie Dr Killeen, TX	3.0	2.0	1397	$1,500	$1.07	24d	1	0.43mi
1103 Shanarae Cir Unit 1103-D Shanarae Cir, KI Killeen, TX	3.0	2.0	1124	$1,095	$0.97	24d	1	0.44mi
1111 Cinch Dr Unit A Killeen, TX	3.0	2.0	1290	$1,200	$0.93	24d	1	0.48mi
402 W Little Dipper Killeen, TX	4.0	2.0	1554	$1,800	$1.16	45d	1	0.48mi
1204 Cinch Dr Unit A Killeen, TX	3.0	2.0	1150	$1,150	$1.00	15d	1	0.53mi
1204 Cinch Dr Apt B Killeen, TX	3.0	2.0	1150	$1,150	$1.00	45d	1	0.53mi
505 W Vega Ln Killeen, TX	3.0	2.0	1619	$1,550	$0.96	15d	1	0.53mi
1213 Cinch Dr Unit A Killeen, TX	3.0	2.0	1340	$1,100	$0.82	45d	1	0.54mi
104 W Little Dipper Killeen, TX	3.0	2.0	1639	$1,750	$1.07	15d	1	0.58mi
702 W Orion Dr Killeen, TX	4.0	2.0	1821	$1,825	$1.00	22d	1	0.60mi
1200 Loyal Ln Killeen, TX	3.0	2.0	1204	$1,225	$1.02	15d	1	0.62mi
4200 Ivory Ln Unit B Killeen, TX	3.0	2.0	1295	$1,350	$1.04	45d	1	0.62mi
102 W Libra Dr Killeen, TX	4.0	2.0	1875	$1,800	$0.96	45d	1	0.63mi
1309 Trail Boss Killeen, TX	4.0	2.0	1678	$1,595	$0.95	45d	1	0.63mi
1100 Clairidge Ave Killeen, TX	4.0	2.0	1451	$1,545	$1.06	24d	1	0.63mi
1400 Cinch Dr Unit A Killeen, TX	3.0	2.0	1332	$1,200	$0.90	45d	1	0.64mi
4603 Cambridge Dr Unit A Killeen, TX	3.0	2.0	1297	$1,400	$1.08	45d	1	0.67mi
4000 Cambridge Dr Apt D Killeen, TX	3.0	2.0	1178	$1,050	$0.89	15d	1	0.67mi
1301 Powder River Dr Unit B Killeen, TX	3.0	2.0	1296	$1,150	$0.89	45d	1	0.67mi
5007 Chad Dr Killeen, TX	3.0	2.0	1458	$1,495	$1.03	15d	1	0.69mi
1413 Cinch Dr Unit B Killeen, TX	3.0	2.0	1144	$1,100	$0.96	24d	1	0.69mi
405 E Libra Dr Killeen, TX	4.0	2.0	1646	$1,850	$1.12	24d	1	0.69mi
1208 Cavalry Ln Killeen, TX	3.0	2.0	1204	$1,295	$1.08	45d	1	0.69mi
1208 Cavalry Ln Unit B Killeen, TX	3.0	2.0	1204	$1,295	$1.08	24d	1	0.70mi
1309 Powder River Dr Unit B Killeen, TX	3.0	2.0	1290	$1,200	$0.93	45d	1	0.71mi
4003 Cambridge Dr Killeen, TX	3.0	2.0	1220	$1,195	$0.98	45d	1	0.71mi
1306 Powder River Dr Apt B Killeen, TX	3.0	2.0	1296	$1,150	$0.89	45d	1	0.71mi
1305 Vanguard Ln Killeen, TX	3.0	2.0	1403	$1,375	$0.98	15d	1	0.72mi
3407 Hereford Ln Apt A Killeen, TX	3.0	2.0	1134	$795	$0.70	15d	1	0.72mi

Listing history 23 events

1. 2026-06-18
   days on market $189,000 Active 34 DOM
2. 2026-06-17
   days on market $189,000 Active 33 DOM
3. 2026-06-16
   days on market $189,000 Active 32 DOM
4. 2026-06-15
   days on market $189,000 Active 31 DOM
5. 2026-06-14
   days on market $189,000 Active 29 DOM
6. 2026-06-13
   pricedays on market $189,000 Active 28 DOM
7. 2026-06-10
   days on market $195,800 Active 26 DOM
8. 2026-06-09
   days on market $195,800 Active 25 DOM
9. 2026-06-08
   days on market $195,800 Active 24 DOM
10. 2026-06-07
    days on market $195,800 Active 23 DOM
11. 2026-06-03
    days on market $195,800 Active 19 DOM
12. 2026-06-03
    price $195,800 Active 18 DOM
13. 2026-06-02
    days on market $198,000 Active 18 DOM

    Show marketing remark (693 chars)

    Welcome home to this beautifully maintained 4-bedroom, 2-bathroom home offering comfort, space, and functionality for the whole family. The open-concept kitchen features stainless steel appliances, a pantry, and a breakfast area that flows seamlessly into the living room great for entertaining or everyday living. The spacious primary suite includes a relaxing shower/tub combo, creating the perfect retreat after a long day. Step outside to enjoy the covered patio and backyard swing set, ideal for family fun, gatherings, or simply unwinding outdoors. This well-maintained home combines convenience with cozy charm and is ready for its next residents to enjoy. Schedule your showing today!!

14. 2026-06-01
    days on market $198,000 Active 17 DOM
15. 2026-05-31
    days on market $198,000 Active 16 DOM
16. 2026-05-30
    days on market $198,000 Active 15 DOM
17. 2026-05-15
    listed $198,000 Active 693-char remark

    Show marketing remark (693 chars)

    Welcome home to this beautifully maintained 4-bedroom, 2-bathroom home offering comfort, space, and functionality for the whole family. The open-concept kitchen features stainless steel appliances, a pantry, and a breakfast area that flows seamlessly into the living room great for entertaining or everyday living. The spacious primary suite includes a relaxing shower/tub combo, creating the perfect retreat after a long day. Step outside to enjoy the covered patio and backyard swing set, ideal for family fun, gatherings, or simply unwinding outdoors. This well-maintained home combines convenience with cozy charm and is ready for its next residents to enjoy. Schedule your showing today!!

18. 2026-05-15
    listed $198,000 Active

    Show marketing remark (693 chars)

    Welcome home to this beautifully maintained 4-bedroom, 2-bathroom home offering comfort, space, and functionality for the whole family. The open-concept kitchen features stainless steel appliances, a pantry, and a breakfast area that flows seamlessly into the living room great for entertaining or everyday living. The spacious primary suite includes a relaxing shower/tub combo, creating the perfect retreat after a long day. Step outside to enjoy the covered patio and backyard swing set, ideal for family fun, gatherings, or simply unwinding outdoors. This well-maintained home combines convenience with cozy charm and is ready for its next residents to enjoy. Schedule your showing today!!

19. 2017-03-03
    soldstatus $88,000
20. 2016-07-05
    listed $95,000
21. 1998-05-27
    soldstatus
22. 1997-06-20
    soldstatus
23. 1996-05-10
    soldstatus

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast TX · Resets to sale price

• Current annual tax: $4,230 · $352/mo
• Projected year-2 tax: $4,230 · $352/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 5/10 Major
• 🌡 Heat 8/10 Severe 7 d/yr ≥107°F today · 24 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 60% chance of damaging wind over 30 yrs
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $19,066
• − Mortgage interest: −$10,587
• − Property taxes: −$4,230
• − Insurance: −$945
• − Repairs & maintenance: −$1,525
• − Management: −$1,525
• − Depreciation: −$5,498
• Taxable loss: −$5,245
• Est. tax savings @ 24.0%: +$1,259
• After-tax cash flow: $-748/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Killeen ISD
• NCES district ID: 4825660
• Math proficiency: 31% ▼ -16.00%
• Reading proficiency: 38% ▼ -3.00%
• Median HH income: $47,665
• Composite: 29.69/100
• National rank: #6458
• State rank: #524 of 826 in TX

Livability — Killeen

• Score: 63/100
• State rank: #853
• US rank: #15359

Category grades

Amenities D Commute F Cost of living A+ Crime D- Employment D Housing A+ Health & safety F User ratings F

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Killeen, TX
• County: Bell County · 345,090 people
• City population: 163,398
• Metro: Killeen-Temple, TX
• Population (ZIP): 53,892
• Household income: $74,055
• Rent vs Own: 34.7% rent · 65.3% own
• Severe rent burden: 1167.0

Population outlook (Bell County) Hauer SSP2

• Today (2025): 371,114 people
• By 2030: 389,104 · +4.8%
• By 2040: 420,592 · +13.3%
• By 2050: 447,779 · +20.7%
• By 2075: 499,130 · +34.5%
• By 2100: 505,680 · +36.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Highly diverse neighborhood (Simpson 0.74)
• Race & ethnicity: Black 34% White 27% Hispanic / Latino 26% Two or more races 17% Asian 5%
• Hispanic origin (detail): Mexican 13% Puerto Rican 9%
• Common ancestry: Italian 1% Lithuanian 1% Slovak 1%
• Foreign-born: 10% · Canada, South Korea, Vietnam
• Languages at home: 79% English-only · Spanish 15% Korean 1% German/W. Germanic 1%

Political lean MEDSL · Bell

• 2024 margin: R (+16.2) · D 41.3% · R 57.6% · Other 1.1%
• 2008→2024 swing: -6.5pp toward R · 2008: -9.8pp · 2024: -16.2pp
• All cycles: 2024: R+16.2 2020: R+8.5 2016: R+15.1 2012: R+16.4 2008: R+9.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -43.94%
• Current HPI: 158.4385
• Rent YoY: ▼ -1.85%
• Metro: Killeen-Temple, TX
• State GDP YoY: ▲ 3.95%
• F500 in state: 110

Industry mix (Fortune 500 HQ in TX)

Industry	F500 HQs	Revenue
▸Energy	16	$1,198B
▸Technology	5	$198B
▸Engineering / Construction	4	$72B
▸Energy Services	3	$60B
▸Utilities	3	$41B
▸Healthcare	2	$330B

Price history

+98.9% since first listed

11 events — show timeline

• 2026-06-12 Price Changed $189,000 NTREIS
• 2026-06-12 Price Changed $189,000 CTXMLS
• 2026-06-02 Price Changed $195,800 NTREIS
• 2026-06-02 Price Changed $195,800 CTXMLS
• 2026-05-15 Listed $198,000 CTXMLS
• 2026-05-15 Listed $198,000 NTREIS
• 2017-03-03 Sold (MLS) — CTXMLS
• 2016-07-05 Listed $95,000 CTXMLS
• 1998-05-27 Sold (Public Records) — Public Records
• 1997-06-20 Sold (Public Records) — Public Records
• 1996-05-10 Sold (Public Records) — Public Records

Property tax history

+5.4%/yr

Latest (2026): $4,230 · +10.0% YoY. Source: county tax records.