704 Crockett Dr · Killeen, TX 76541

$100,000

4 bd · 1.0 ba · 950 sqft · SingleFamily public records · 3 Days on market

Built 1960 7,144 sqft lot Est $142k · 29% under

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Why this score? — see what drove the B- 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).

• Cash flow +20.5/30.0
• ARV discount +15.0/15.0
• 1% rule +6.5/10.0
• DSCR +6.5/10.0
• Appreciation +6.1/10.0
• Livability +3.2/5.0
• Schools +3.0/10.0
• Condition / age +2.5/5.0
• Rent growth +2.0/5.0

Listing remarks MLS

Come and see this charming home! It is conveniently located within close proximity to schools, parks and dining. Step inside, and you'll be immediately drawn to the warm and welcoming ambiance that permeates throughout the house. . The spacious living room provides a cozy retreat, with large windows that allow natural light to fill the space. The kitchen features modern stainless steel appliances and ample cabinet space. The home offers 3 bedrooms, each providing a comfortable and private space to unwind. Bedrooms are versatile and can be utilized as guest rooms, offices, or playrooms to suit your lifestyle. Step outside into the backyard, and you'll discover a spacious and fully fenced oasis perfect for outdoor activities. Don't miss the opportunity to make this delightful property your new home. Schedule a showing today!

Key facts

• 7,144 sq ft lot
• Garage
• Built 1960

What this means for you Summary

Snapshot

• This is a 4-bed/1.0-bath single-family listed at $100k.

Deal economics

• At list price, monthly cash flow is $131 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $100k).
• Cap rate 7.9% 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: Killeen El (1,135 students, 76% FRL) — zoned schools average 76% FRL vs 47% district-wide (29 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents soft (-2.0%/yr); 123 active listings in the ZIP; 32 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 3,222 units permitted in Bell County in 2024 (246 in 5+ unit buildings).
• This rent runs 37% of the median local income ($37k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• In year one you build about $3k of equity ($691 loan paydown + $2k appreciation (2.3% local appreciation)).
• Bell County population projected at +21% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (2.3% appreciation + 0.0% rent growth), your $28k cash investment doubles in ~7 years — after that, you're playing with house money.

Negotiation context

• Only 3 days on market — expect competitive offers; lowballing is unlikely to land.
• 12 sale attempts since 19y 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

• Watch-outs: property tax is 2.6% of price.
• Climate carrying-cost: major wind risk, 61% chance of damaging wind over 30y; extreme-heat days projected 7→24/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $100,000

Questions for the listing agent

1. Built in 1960 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
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. 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.
7. 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.
8. 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: 1.15% ✓
• Cap rate: 7.87%
• Cash-on-cash: 5.63%
• DSCR: 1.25
• GRM: 7.2

CMA / ARV

• ARV (on-the-fly): $141,550
• Comps found: 6

Show comp detail 6 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1004 Stewart St	0.31mi	3/1.0 (-1)	995 (+5%)	8mo	$67,500	$68	66
1302 Connell Dr	0.43mi	3/1.0 (-1)	975 (+3%)	15mo	$120,000	$123	58
608 N 24th St	0.35mi	3/1.0 (-1)	1,008 (+6%)	19mo	$150,000	$149	53
601 Cardinal Ave	0.30mi	3/2.0 (-1)	1,092 (+15%)	4mo	$146,800	$134	48
1411 Connell Dr	0.50mi	3/1.0 (-1)	1,047 (+10%)	18mo	$165,000	$158	39
1603 N 24th St	0.55mi	3/2.0 (-1)	1,066 (+12%)	7mo	$166,000	$156	39

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

Projected returns pro-forma

2.26% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: 8.8%
• Equity multiple: 1.47×
• Total profit: $13,248
• Equity at exit: $40,864

10-year hold

• IRR: 10.0%
• Equity multiple: 2.30×
• Total profit: $36,527
• Equity at exit: $59,957

Cash invested: $28,000 (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 76541

• Home prices YoY: 1.4%
• Rents YoY: -2.0%
• Active inventory: 123
• Price-to-rent: 7.2×

Monthly cashflow live

• Estimated rent: $1,153 high
• Mortgage (P&I): −$524
• Tax from tax record: −$213 /mo · $2,559/yr
• Insurance: −$42
• HOA: −$0
• Vacancy / Maint / Mgmt: −$242
• Net cashflow: $131

Break-even live

Break-even rent $986

Max offer price $100,000

Occupancy floor 84%

Sensitivity live

Price	-10% $188	-5% $160	+0% $131	+5% $103	+10% $75
Rent	-10% $40	-5% $86	+0% $131	+5% $177	+10% $222
Rate	-1.0pp $182	-0.5pp $157	base $131	+0.5pp $105	+1.0pp $79

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: $25,000
• Closing costs: $3,000
• Reserves months: —
• Total cash needed: —

Rent comps 32 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
508 Patton Dr Killeen, TX	3.0	1.5	924	$1,150	$1.24	24d	1	0.13mi
1309 Greenwood Ave Killeen, TX	3.0	1.0	925	$900	$0.97	22d	1	0.34mi
1108 Stewart St Killeen, TX	3.0	1.0	995	$1,150	$1.16	24d	1	0.36mi
1701 Elkins Ave Killeen, TX	3.0	1.0	918	$1,000	$1.09	14d	1	0.39mi
905 Parmer Ave Unit B Killeen, TX	3.0	1.0	836	$850	$1.02	14d	1	0.49mi
608 N 18th St Unit B Killeen, TX	3.0	1.0	838	$915	$1.09	14d	1	0.49mi
1801 Stewart St Unit A Killeen, TX	3.0	2.0	872	$1,045	$1.20	14d	1	0.62mi
1015 N 10th St Unit B Killeen, TX	3.0	2.0	1118	$1,100	$0.98	44d	1	0.75mi
415 E Garrison Ave Unit B Killeen, TX	3.0	1.0	605	$775	$1.28	14d	1	0.80mi
801 S W S Young Dr Killeen, TX	3.0	1.0–2.0	1027	$2,043	$1.99	14d	12	0.83mi
1507 N 8th St Unit 8 Killeen, TX	3.0	2.0	1116	$995	$0.89	24d	1	0.94mi
724 Carrie Ave Killeen, TX	3.0	1.0	1100	$1,000	$0.91	44d	1	0.96mi
2701 Hillside Dr Killeen, TX	3.0	1.0	924	$995	$1.08	22d	1	1.00mi
910 Stetson Ave Unit (SR PnB) 910-912 Stetson Killeen, TX	3.0	1.0	1082	$900	$0.83	24d	1	1.09mi
209 West Avenue A Unit A Killeen, TX	3.0	2.0	876	$935	$1.07	14d	1	1.10mi
2105 Creekwood Dr Killeen, TX	3.0	2.0	1092	$1,200	$1.10	44d	1	1.10mi
2107 Creekwood Dr Killeen, TX	3.0	2.0	1116	$1,250	$1.12	44d	1	1.10mi
907 Wells St Killeen, TX	3.0	1.0	1050	$950	$0.90	24d	1	1.12mi
3312 Lake Travis Ave Killeen, TX	3.0	1.0	1019	$1,150	$1.13	24d	1	1.12mi
3312 Lake Travis Ave Killeen, TX	3.0	2.0	1019	$1,300	$1.28	44d	1	1.12mi
2204 Sherman Dr Killeen, TX	3.0	2.0	1074	$1,350	$1.26	44d	1	1.15mi
305 S 42nd St Unit A Killeen, TX	3.0	2.0	1100	$1,150	$1.05	14d	1	1.17mi
2312 Silverhill Dr Killeen, TX	3.0	2.0	1092	$1,200	$1.10	44d	1	1.18mi
514 McArthur Dr Killeen, TX	3.0	1.0	1084	$995	$0.92	44d	1	1.31mi
3013 June St Killeen, TX	3.0	2.0	1000	$1,100	$1.10	14d	1	1.39mi
3626 Cranford Ave Killeen, TX	3.0	1.0	1125	$950	$0.84	24d	1	1.40mi
1504 S W S Young Dr Killeen, TX	3.0	1.0	1065	$1,100	$1.03	22d	1	1.41mi
717 Norris Ave Killeen, TX	3.0	1.0	1118	$1,000	$0.89	44d	1	1.41mi
118 E Fowler Ave Killeen, TX	3.0	1.0	902	$875	$0.97	44d	1	1.43mi
3101 Zephyr Rd Killeen, TX	3.0	1.0	1118	$1,100	$0.98	24d	1	1.45mi
603 Wolf St Killeen, TX	3.0	1.0	786	$952	$1.21	44d	1	1.46mi
905 N Gilmer St Killeen, TX	1.0–3.0	1.0–2.0	925	$1,395	$1.51	14d	5	1.47mi

Listing history 30 events

1. 2025-07-04
   status Pending
2. 2025-07-01
   status Active
3. 2025-06-23
   listed $100,000 Active
4. 2023-07-10
   status Pending

   Show marketing remark (834 chars)

   Come and see this charming home! It is conveniently located within close proximity to schools, parks and dining. Step inside, and you'll be immediately drawn to the warm and welcoming ambiance that permeates throughout the house. . The spacious living room provides a cozy retreat, with large windows that allow natural light to fill the space. The kitchen features modern stainless steel appliances and ample cabinet space. The home offers 3 bedrooms, each providing a comfortable and private space to unwind. Bedrooms are versatile and can be utilized as guest rooms, offices, or playrooms to suit your lifestyle. Step outside into the backyard, and you'll discover a spacious and fully fenced oasis perfect for outdoor activities. Don't miss the opportunity to make this delightful property your new home. Schedule a showing today!

5. 2023-07-10
   soldstatus Closed 834-char remark

   Show marketing remark (834 chars)

   Come and see this charming home! It is conveniently located within close proximity to schools, parks and dining. Step inside, and you'll be immediately drawn to the warm and welcoming ambiance that permeates throughout the house. . The spacious living room provides a cozy retreat, with large windows that allow natural light to fill the space. The kitchen features modern stainless steel appliances and ample cabinet space. The home offers 3 bedrooms, each providing a comfortable and private space to unwind. Bedrooms are versatile and can be utilized as guest rooms, offices, or playrooms to suit your lifestyle. Step outside into the backyard, and you'll discover a spacious and fully fenced oasis perfect for outdoor activities. Don't miss the opportunity to make this delightful property your new home. Schedule a showing today!

6. 2023-07-10
   soldstatus

   Show marketing remark (834 chars)

   Come and see this charming home! It is conveniently located within close proximity to schools, parks and dining. Step inside, and you'll be immediately drawn to the warm and welcoming ambiance that permeates throughout the house. . The spacious living room provides a cozy retreat, with large windows that allow natural light to fill the space. The kitchen features modern stainless steel appliances and ample cabinet space. The home offers 3 bedrooms, each providing a comfortable and private space to unwind. Bedrooms are versatile and can be utilized as guest rooms, offices, or playrooms to suit your lifestyle. Step outside into the backyard, and you'll discover a spacious and fully fenced oasis perfect for outdoor activities. Don't miss the opportunity to make this delightful property your new home. Schedule a showing today!

7. 2023-06-11
   historical Active Under Contract 834-char remark

   Show marketing remark (834 chars)

   Come and see this charming home! It is conveniently located within close proximity to schools, parks and dining. Step inside, and you'll be immediately drawn to the warm and welcoming ambiance that permeates throughout the house. . The spacious living room provides a cozy retreat, with large windows that allow natural light to fill the space. The kitchen features modern stainless steel appliances and ample cabinet space. The home offers 3 bedrooms, each providing a comfortable and private space to unwind. Bedrooms are versatile and can be utilized as guest rooms, offices, or playrooms to suit your lifestyle. Step outside into the backyard, and you'll discover a spacious and fully fenced oasis perfect for outdoor activities. Don't miss the opportunity to make this delightful property your new home. Schedule a showing today!

8. 2023-06-11
   historical Active Under Contract

   Show marketing remark (834 chars)

   Come and see this charming home! It is conveniently located within close proximity to schools, parks and dining. Step inside, and you'll be immediately drawn to the warm and welcoming ambiance that permeates throughout the house. . The spacious living room provides a cozy retreat, with large windows that allow natural light to fill the space. The kitchen features modern stainless steel appliances and ample cabinet space. The home offers 3 bedrooms, each providing a comfortable and private space to unwind. Bedrooms are versatile and can be utilized as guest rooms, offices, or playrooms to suit your lifestyle. Step outside into the backyard, and you'll discover a spacious and fully fenced oasis perfect for outdoor activities. Don't miss the opportunity to make this delightful property your new home. Schedule a showing today!

9. 2023-06-09
   listed $129,900 Active 834-char remark

   Show marketing remark (834 chars)

   Come and see this charming home! It is conveniently located within close proximity to schools, parks and dining. Step inside, and you'll be immediately drawn to the warm and welcoming ambiance that permeates throughout the house. . The spacious living room provides a cozy retreat, with large windows that allow natural light to fill the space. The kitchen features modern stainless steel appliances and ample cabinet space. The home offers 3 bedrooms, each providing a comfortable and private space to unwind. Bedrooms are versatile and can be utilized as guest rooms, offices, or playrooms to suit your lifestyle. Step outside into the backyard, and you'll discover a spacious and fully fenced oasis perfect for outdoor activities. Don't miss the opportunity to make this delightful property your new home. Schedule a showing today!

10. 2023-06-08
    listed $129,900 Active
11. 2020-07-30
    soldstatus
12. 2020-06-22
    status Pending
13. 2020-05-13
    status Active
14. 2020-05-10
    status Pending
15. 2020-04-18
    status Active
16. 2020-04-17
    status Pending
17. 2020-03-28
    listed $89,900 Active
18. 2020-01-28
    historical
19. 2020-01-02
    listed $104,900 Active
20. 2018-09-28
    soldstatus
21. 2017-05-15
    historical
22. 2017-01-26
    listed $35,000
23. 2015-01-25
    historical
24. 2015-01-06
    listed $35,000
25. 2015-01-05
    historical
26. 2014-08-30
    listed $35,000
27. 2008-01-30
    historical
28. 2007-07-25
    listed $28,500
29. 2003-03-05
    soldstatus
30. 1993-12-17
    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: $2,559 · $213/mo
• Projected year-2 tax: $2,559 · $213/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 1/10 Low
• 🌡 Heat 7/10 Severe 7 d/yr ≥107°F today · 24 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 61% 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: $13,832
• − Mortgage interest: −$5,602
• − Property taxes: −$2,559
• − Insurance: −$500
• − Repairs & maintenance: −$1,107
• − Management: −$1,107
• − Depreciation: −$2,909
• Taxable income: $49
• Est. tax owed @ 24.0%: −$12
• After-tax cash flow: $1,564/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): 19,011
• Household income: $37,349
• Rent vs Own: 76.4% rent · 23.6% own
• Severe rent burden: 1668.0

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 0.73)
• Race & ethnicity: Hispanic / Latino 32% White 31% Black 27% Two or more races 10% Asian 3% Pacific Islander 1%
• Hispanic origin (detail): Mexican 21% Puerto Rican 6% Dominican 1%
• Common ancestry: Italian 2% Slovak 1% Lithuanian 1%
• Foreign-born: 14% · Canada, Vietnam, South Korea
• Languages at home: 69% English-only · Spanish 25% German/W. Germanic 2% Korean 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: ▲ 2.26%
• Current HPI: 168.1206
• Rent YoY: ▼ -2.00%
• 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

+250.9% since first listed

30 events — show timeline

• 2025-07-04 Pending — NTREIS
• 2025-07-01 Relisted — NTREIS
• 2025-06-23 Listed $100,000 NTREIS
• 2023-07-10 Pending — CTXMLS
• 2023-07-10 Sold (Public Records) — Public Records
• 2023-07-10 Sold (MLS) — Unlock MLS
• 2023-06-11 Contingent — Unlock MLS
• 2023-06-11 Contingent — CTXMLS
• 2023-06-09 Listed $129,900 Unlock MLS
• 2023-06-08 Listed $129,900 CTXMLS
• 2020-07-30 Sold (Public Records) — Public Records
• 2020-06-22 Pending — CTXMLS
• 2020-05-13 Relisted — CTXMLS
• 2020-05-10 Pending — CTXMLS
• 2020-04-18 Relisted — CTXMLS
• 2020-04-17 Pending — CTXMLS
• 2020-03-28 Listed $89,900 CTXMLS
• 2020-01-28 Listing Removed — CTXMLS
• 2020-01-02 Listed $104,900 CTXMLS
• 2018-09-28 Sold (Public Records) — Public Records
• 2017-05-15 Listing Removed — CTXMLS
• 2017-01-26 Listed $35,000 CTXMLS
• 2015-01-25 Listing Removed — CTXMLS
• 2015-01-06 Listed $35,000 CTXMLS
• 2015-01-05 Listing Removed — CTXMLS
• 2014-08-30 Listed $35,000 CTXMLS
• 2008-01-30 Listing Removed — CTXMLS
• 2007-07-25 Listed $28,500 CTXMLS
• 2003-03-05 Sold (Public Records) — Public Records
• 1993-12-17 Sold (Public Records) — Public Records

Property tax history

+10.9%/yr

Latest (2025): $2,559 · -3.6% YoY. Source: county tax records.