1409 Indian Trl · Harker Heights, TX 76548

$84,500

4 bd · 2.0 ba · 1,952 sqft · SingleFamily public records · 17 Days on market

Built 1977 10,741 sqft lot

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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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Livability +4.0/5.0
• Schools +3.0/10.0
• Rent growth +2.7/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Property is being sold AS IS, WHERE IS . Submit offers on VA Form 26-6705. Refer to www. ocwen.com for the end of the simultaneous listing period and all VA related forms.

Key facts

• 0.25 acre lot
• Built 1977
• Listed 17 days

Property features AI

Exterior

• Utilities: Public water; Septic tank sewer
• Home design: Single-story home; Resale property
• Construction: Brick veneer exterior; Composition/Shingle roof; Pillar/post/pier foundation; Year built listed from assessor
• Exterior features: Chain-link fencing; Outside city limits; Asphalt road access; See listing remarks for additional exterior details

Interior

• Kitchen: Electric range; Oven; Garbage disposal
• Bedrooms: Four bedrooms on the main level (approx. sizes: 11x11, 11x10, 10x10, 10x10)
• Flooring: Ceramic tile; Laminate
• Bathrooms: Two full bathrooms; One half bathroom
• Heating & cooling: Heating present; Wall/window cooling units
• Interior features: Living room (Main); Kitchen (Main); Additional main-level rooms include four bedrooms and a total of 6 rooms
• Laundry & utility: Laundry in utility room; Dedicated laundry room

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $84k.

Deal economics

• At list price, monthly cash flow is $718 ($9k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $84k).
• Recommended offer: $83k (1.5% below list) — sets the bar for market timing.
• Cap rate 16.5% vs local median 3.8% in Harker Heights — 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 79/100 on livability (#61 in TX, #2,271 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: amenities F, commute F.
• 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: Nolanville El (math 45% / reading 50%, grade D, #989 of 4,322 statewide, top 23%, 655 students, 51% FRL); Eastern Hills Middle (math 26% / reading 32%, grade F, #1,103 of 1,662 statewide, top 67%, 610 students, 72% FRL); Harker Heights H S (math 29% / reading 60%, grade F, #652 of 1,632 statewide, top 43%, 2,359 students, 34% FRL).
• Market conditions: Rents flat; 272 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; solid renter incomes; 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 $584 of loan paydown is wiped out by about $3k 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.
• At projected returns (-3.0% appreciation + 0.9% rent growth), your $24k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

• It's been on market 17 days — a 2% lower offer ($83k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 21y ago; this cycle's ask has dropped $10k (11%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $58k; 46% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: property tax is 4.2% of price.
• Climate carrying-cost: major flood risk; major wind risk, 64% 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 $83,232 (1.5% below list)

Questions for the listing agent

1. Built in 1977 — 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. 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.
5. 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.
6. 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: 2.23% ✓
• Cap rate: 16.49%
• Cash-on-cash: 36.42%
• DSCR: 2.62
• GRM: 3.7

CMA / ARV

• ARV (on-the-fly): $292,800
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
117 Wind Ridge Dr	0.28mi	4/2.5	2,023 (+4%)	2mo	$245,000	$121	77
1612 Tanglewood Dr	0.46mi	4/2.0	1,896 (-3%)	2mo	$280,000	$148	72
1509 Spicewood Cir	0.28mi	4/2.0	1,773 (-9%)	5mo	$299,500	$169	68
820 Woodside Dr	0.42mi	3/2.0 (-1)	2,037 (+4%)	1mo	$292,500	$144	67
1005 End O Trl	0.39mi	3/2.0 (-1)	1,820 (-7%)	3mo	$262,400	$144	63
2030 Rustling Oaks Dr	0.45mi	4/2.5	2,059 (+6%)	7mo	$365,000	$177	62
1500 Chardonnay Dr	0.20mi	3/2.5 (-1)	1,748 (-10%)	5mo	$229,900	$132	62
1701 Paso Fino Trl	0.51mi	4/2.0	2,150 (+10%)	4mo	$345,240	$161	56
1204 Mountain View Dr	0.51mi	3/2.0 (-1)	2,108 (+8%)	6mo	$363,900	$173	53
1807 Paint Horse Trl	0.73mi	4/3.0	2,131 (+9%)	1mo	$404,800	$190	46
713 End O Trl	0.60mi	3/2.5 (-1)	1,731 (-11%)	4mo	$258,900	$150	42
1921 Merlin Dr	0.61mi	3/2.0 (-1)	1,691 (-13%)	3mo	$243,000	$144	42

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 · 0.93% rent growth · sell at horizon

5-year hold

• IRR: 29.6%
• Equity multiple: 2.20×
• Total profit: $28,341
• Equity at exit: $12,599

10-year hold

• IRR: 35.6%
• Equity multiple: 3.92×
• Total profit: $69,011
• Equity at exit: $7,306

Cash invested: $23,660 (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 76548

• Home prices YoY: -25.2%
• Rents YoY: 0.9%
• Active inventory: 272
• Price-to-rent: 3.7×

Monthly cashflow live

• Estimated rent: $1,885 high
• Mortgage (P&I): −$443
• Tax from tax record: −$293 /mo · $3,516/yr
• Insurance: −$35
• HOA: −$0
• Vacancy / Maint / Mgmt: −$396
• Net cashflow: $718

Break-even live

Break-even rent $976

Max offer price $84,500

Occupancy floor 57%

Sensitivity live

Price	-10% $766	-5% $742	+0% $718	+5% $694	+10% $670
Rent	-10% $569	-5% $644	+0% $718	+5% $793	+10% $867
Rate	-1.0pp $761	-0.5pp $740	base $718	+0.5pp $696	+1.0pp $674

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: $21,125
• Closing costs: $2,535
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
108 Stone Canyon Ct Harker Heights, TX	4.0	2.5	2090	$1,750	$0.84	45d	1	0.18mi
129 Wind Ridge Dr Harker Heights, TX	4.0	3.0	2381	$1,995	$0.84	45d	1	0.22mi
1514 Dakota Trce Apt A Harker Heights, TX	3.0	2.0	1330	$1,395	$1.05	25d	1	0.23mi
1409 Natchez Trl Harker Heights, TX	3.0	2.0	1347	$1,350	$1.00	45d	1	0.28mi
1610 Pima Trl Unit A Harker Heights, TX	3.0	2.0	1252	$1,700	$1.36	45d	1	0.30mi
1605 Cedar Oaks Ln Harker Heights, TX	4.0	2.0	1750	$1,850	$1.06	45d	1	0.32mi
1618 Pima Trl Unit A-SHOWABLE Harker Heights, TX	3.0	2.0	1370	$1,395	$1.02	25d	1	0.35mi
1622 Pima Trl Unit A Harker Heights, TX	3.0	2.0	1252	$1,350	$1.08	15d	1	0.35mi
1427 Hopi Trl Unit B Harker Heights, TX	3.0	2.0	1400	$1,245	$0.89	15d	1	0.36mi
1809 McGinnis Ct Harker Heights, TX	4.0	2.5	2099	$1,900	$0.91	25d	1	0.41mi
910 Frontier Trl Harker Heights, TX	4.0	2.0	1469	$1,595	$1.09	25d	1	0.52mi
1613 Pontotoc Trce Apt B Harker Heights, TX	3.0	2.0	1310	$1,395	$1.06	45d	1	0.57mi
1729 Friesian Loop Harker Heights, TX	5.0	2.5	2572	$2,950	$1.15	25d	1	0.57mi
700 Honeysuckle Cir Harker Heights, TX	4.0	3.0	2022	$2,050	$1.01	25d	1	0.59mi
1615 Pontotoc Trce Unit B Harker Heights, TX	3.0	2.0	2420	$1,250	$0.52	22d	1	0.59mi
707 End O Trl Harker Heights, TX	3.0	2.0	1508	$1,850	$1.23	15d	1	0.63mi
1909 Chiricahua Trce Harker Heights, TX	3.0	2.0	1341	$1,595	$1.19	45d	1	0.65mi
1805 Diana Ln Harker Heights, TX	4.0	2.0	1732	$1,595	$0.92	45d	1	0.70mi
1728 Tejas Trl Harker Heights, TX	3.0	2.0–2.5	1293	$1,832	$1.42	15d	13	0.73mi
1808 Seminole Trce Unit A-SHOWABLE Harker Heights, TX	3.0	2.0	1308	$1,395	$1.07	45d	1	0.75mi
2005 Herald Dr Harker Heights, TX	4.0	2.0	1925	$1,995	$1.04	25d	1	0.75mi
809 Beaver Trl Harker Heights, TX	3.0	2.0	1385	$1,495	$1.08	25d	1	0.77mi
2003 Renea Cir Harker Heights, TX	5.0	2.5	1985	$2,200	$1.11	25d	1	0.77mi
1909 Caspian Trl Unit B Harker Heights, TX	3.0	2.0	1367	$1,495	$1.09	45d	1	0.77mi
2009 Herald Dr Harker Heights, TX	4.0	2.0	1970	$1,800	$0.91	45d	1	0.78mi
2013 Drawbridge Dr Unit DRAW2013 Harker Heights, TX	3.0	2.0	1687	$1,699	$1.01	45d	1	0.82mi
406 Stonewall Rdg Harker Heights, TX	3.0	2.0	1670	$1,995	$1.19	45d	1	0.82mi
709 Beaver Trl Harker Heights, TX	3.0	2.0	1341	$1,595	$1.19	45d	1	0.83mi
1602 Old Nolanville Rd Unit B Nolanville, TX	3.0	2.0	1276	$1,350	$1.06	25d	1	0.84mi
1901 Horatio St Nolanville, TX	3.0	2.0	1945	$2,050	$1.05	25d	1	0.85mi
1712 Ute Trl Unit A Harker Heights, TX	3.0	2.0	1250	$1,150	$0.92	25d	1	0.85mi
1306 Stonewall Rdg Harker Heights, TX	3.0	2.5	2087	$2,100	$1.01	25d	1	0.85mi
1803 Emma Naylor Ct Unit B Harker Heights, TX	3.0	2.0	1330	$1,450	$1.09	45d	1	0.86mi
1804 Iron Jacket Trl Harker Heights, TX	4.0	3.0	2587	$2,395	$0.93	45d	1	0.88mi
2002 Tru Cir Unit A-MAKE READY Harker Heights, TX	3.0	2.0	1397	$1,395	$1.00	15d	1	0.88mi
1806 Iron Jacket Trl Harker Heights, TX	4.0	2.0	2178	$2,345	$1.08	25d	1	0.89mi
406 Diana Ln Harker Heights, TX	4.0	2.0	1617	$1,600	$0.99	45d	1	0.91mi
1814 Horatio St Nolanville, TX	3.0	2.0	1841	$2,065	$1.12	45d	1	0.91mi
1800 Tru Trl Apt B Harker Heights, TX	3.0	2.0	1310	$1,295	$0.99	25d	1	0.93mi
1701 Lynx Cir Harker Heights, TX	4.0	2.0	1451	$2,800	$1.93	45d	1	0.94mi

Listing history 12 events

1. 2026-06-22
   days on market $84,500 Active 17 DOM
2. 2026-06-18
   days on market $84,500 Active 14 DOM
3. 2026-06-17
   days on market $84,500 Active 13 DOM
4. 2026-06-16
   pricedays on market $84,500 Active 12 DOM
5. 2026-06-15
   days on market $94,500 Active 11 DOM
6. 2026-06-14
   days on market $94,500 Active 9 DOM
7. 2026-06-13
   days on market $94,500 Active 8 DOM
8. 2026-06-10
   days on market $94,500 Active 6 DOM
9. 2026-06-09
   days on market $94,500 Active 5 DOM
10. 2026-06-08
    days on market $94,500 Active 4 DOM
11. 2026-06-07
    remarks 278-char remark
12. 2026-06-07
    listed $94,500 Active 3 DOM

ⓘ 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: $3,516 · $293/mo
• Projected year-2 tax: $3,516 · $293/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 6/10 Major FEMA zone X (unshaded) · 71% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 8/10 Severe 7 d/yr ≥107°F today · 24 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 64% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $22,625
• − Mortgage interest: −$4,733
• − Property taxes: −$3,516
• − Insurance: −$422
• − Repairs & maintenance: −$1,810
• − Management: −$1,810
• − Depreciation: −$2,458
• Taxable income: $7,875
• Est. tax owed @ 24.0%: −$1,890
• After-tax cash flow: $6,728/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 — Harker Heights

• Score: 79/100
• State rank: #61
• US rank: #2271

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Harker Heights, TX
• County: Bell County · 345,090 people
• City population: 33,729
• Metro: Killeen-Temple, TX
• Population (ZIP): 33,729
• Household income: $80,520
• Rent vs Own: 38.6% rent · 61.4% own
• Severe rent burden: 672.0

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 0.72)
• Race & ethnicity: White 40% Black 27% Hispanic / Latino 22% Two or more races 13% Asian 3% Pacific Islander 2% Native American 1%
• Hispanic origin (detail): Mexican 14% Puerto Rican 3%
• Common ancestry: Iranian 3% Lithuanian 2% Italian 2%
• Foreign-born: 10% · Canada, Vietnam, South Korea
• Languages at home: 83% English-only · Spanish 9% French/Haitian/Cajun 2% 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: ▼ -52.76%
• Current HPI: 156.4499
• Rent YoY: ▲ 0.93%
• 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

+26.0% since first listed

12 events — show timeline

• 2026-06-04 Listed $94,500 CTXMLS
• 2008-03-14 Sold (MLS) $58,045 CTXMLS
• 2007-10-08 Listed $56,015 CTXMLS
• 2007-09-30 Listing Removed — CTXMLS
• 2007-08-15 Listing Removed — CTXMLS
• 2007-01-30 Listed $67,915 CTXMLS
• 2007-01-30 Listed $65,900 CTXMLS
• 2005-12-28 Sold (Public Records) — Public Records
• 2005-12-28 Sold (MLS) $75,000 CTXMLS
• 2005-11-14 Listed $75,000 CTXMLS
• 2003-05-21 Sold (Public Records) — Public Records
• 1987-07-20 Sold (Public Records) — Public Records

Property tax history

+5.6%/yr

Latest (2025): $3,516 · +10.1% YoY. Source: county tax records.