212 W Killen Ln · Temple, TX 76501

$145,000

3 bd · 2.0 ba · 1,555 sqft · SingleFamily public records · 5 Days on market

Built 1966 10,798 sqft lot Est $207k · 30% under

---

Why this score? — see what drove the C- 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 +15.0/15.0
• Cash flow +13.4/30.0
• 1% rule +5.4/10.0
• DSCR +4.0/10.0
• Livability +3.8/5.0
• Rent growth +3.4/5.0
• Schools +2.7/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Located in an established neighborhood in Temple, this 3-bedroom, 2-bath home at 212 W Killen Ln offers a unique opportunity in a rapidly growing and up-and-coming area. Surrounded by ongoing development and revitalization, this property is ideal for buyers looking to invest in a location with strong future potential. The home features a functional layout with generous living space and sits on a sizable lot with room for improvements, expansion, or outdoor enhancements. Conveniently positioned near major roadways, schools, and local amenities, the location provides both accessibility and long-term value. Whether you're a homeowner ready to make it your own or an investor seeking your next project, this property presents a great opportunity in one of Temple’s emerging areas.

Key facts

• Functional layout
• Sizable lot
• 0.25 acre lot

Tags

• ESTABLISHED NEIGHBORHOOD
• SIZABLE LOT
• FUNCTIONAL LAYOUT

Property features AI

Exterior

• Parking: Attached 2-car garage; Driveway parking; Total of 4 parking spaces (2 covered)
• Utilities: Public water; Public sewer
• Home design: Single-story home; Northwest-facing; Resale property; Slab foundation
• Construction: Brick construction; Built per public records
• Exterior features: Chain-link fencing; No additional exterior features listed

Interior

• Bedrooms: Three main-level bedrooms
• Flooring: Carpet; Laminate
• Bathrooms: Two full bathrooms
• Heating & cooling: Heat pump heating; Heat pump cooling
• Interior features: Main-level primary bedroom; Carpet and laminate flooring; One fireplace
• Laundry & utility: Laundry area in garage; Electric and gas dryer hookups

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $145k.

Deal economics

• At list price, monthly cash flow is $2 ($28/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $145k).
• Cap rate 6.3% vs local median 3.6% in Temple — 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 75/100 on livability (#122 in TX, #3,814 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: schools C-, commute C-, crime D+.
• Temple ISD (urban): math 32% / reading 31% proficiency, ranked #590 of 826 in TX (top 71%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 66% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising (+3.4%/yr); 337 active listings in the ZIP; 35 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); 46% 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 $4k 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

• Only 5 days on market — expect competitive offers; lowballing is unlikely to land.
• 2 sale attempts 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 3.0% of price.
• Climate carrying-cost: major wind risk, 70% chance of damaging wind over 30y; extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $145,000

Questions for the listing agent

1. Built in 1966 — 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. 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?
5. 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.
6. 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.
7. 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: 1.04% ✓
• Cap rate: 6.31%
• Cash-on-cash: 0.07%
• DSCR: 1.00
• GRM: 8.0

CMA / ARV

• ARV (on-the-fly): $206,815
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
212 W Killen Ln	0.00mi	3/2.0	1,555 (0%)	1mo	$145,000	$93	99
207 W Welton Ave	0.03mi	2/2.0 (-1)	1,621 (+4%)	3mo	$195,000	$120	84
113 E Young Ave	0.38mi	3/2.0	1,540 (-1%)	3mo	$180,000	$117	78
106 E Upshaw Ave	0.29mi	3/2.0	1,650 (+6%)	7mo	$219,000	$133	71
102 E Victory Ave	0.45mi	3/2.0	1,595 (+3%)	8mo	$102,000	$64	68
2817 N 12th St	0.59mi	3/2.0	1,495 (-4%)	1mo	$233,000	$156	65
308 E Walker Ave	0.53mi	3/2.0	1,600 (+3%)	7mo	$215,000	$134	65
802 Fannin Loop	0.40mi	3/2.0	1,619 (+4%)	13mo	$275,000	$170	64
306 Ruggles Loop	0.50mi	3/2.0	1,713 (+10%)	5mo	$222,900	$130	55
2610 N 15th St	0.34mi	3/2.0	1,786 (+15%)	6mo	$189,000	$106	54
3008 Titus Ct	0.72mi	3/2.0	1,600 (+3%)	12mo	$282,500	$177	51
301 E Walker Ave	0.52mi	3/2.0	1,322 (-15%)	1mo	$189,900	$144	50

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 · 3.44% rent growth · sell at horizon

5-year hold

• IRR: -15.5%
• Equity multiple: 0.44×
• Total profit: $-22,538
• Equity at exit: $21,620

10-year hold

• IRR: -6.0%
• Equity multiple: 0.60×
• Total profit: $-16,098
• Equity at exit: $12,537

Cash invested: $40,600 (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 76501

• Rents YoY: 3.4%
• Active inventory: 337
• Price-to-rent: 8.0×

Monthly cashflow live

• Estimated rent: $1,508 high
• Mortgage (P&I): −$760
• Tax from tax record: −$368 /mo · $4,415/yr
• Insurance: −$60
• HOA: −$0
• Vacancy / Maint / Mgmt: −$317
• Net cashflow: $2

Break-even live

Break-even rent $1,505

Max offer price $145,000

Occupancy floor 95%

Sensitivity live

Price	-10% $84	-5% $43	+0% $2	+5% $-39	+10% $-80
Rent	-10% $-117	-5% $-57	+0% $2	+5% $62	+10% $121
Rate	-1.0pp $75	-0.5pp $39	base $2	+0.5pp $-35	+1.0pp $-73

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: $36,250
• Closing costs: $4,350
• Reserves months: —
• Total cash needed: —

Rent comps 35 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
105 E Xavier Ave Temple, TX	3.0	2.0	1318	$1,395	$1.06	15d	1	0.40mi
101 W Victory Ave Temple, TX	4.0	2.0	1368	$1,550	$1.13	25d	1	0.41mi
2408 N 15th St Temple, TX	3.0	2.0	1832	$1,650	$0.90	15d	1	0.44mi
2618 Goliad St Temple, TX	3.0	1.5	1228	$1,450	$1.18	23d	1	0.45mi
2618 Goliad St Temple, TX	3.0	1.5	1228	$1,450	$1.18	15d	1	0.45mi
2305 N 15th St Temple, TX	3.0	2.0	2122	$2,000	$0.94	45d	1	0.47mi
412 E Young Ave Unit B Temple, TX	3.0	2.0	1193	$1,150	$0.96	45d	1	0.54mi
507 E Zenith Ave Unit A Temple, TX	3.0	2.0	1100	$1,050	$0.95	15d	1	0.58mi
1919 N 7th St Temple, TX	3.0	3.0	2000	$1,975	$0.99	45d	1	0.58mi
705 Kimble Dr Temple, TX	3.0	2.0	1306	$1,515	$1.16	15d	1	0.61mi
512 E Walker Ave Temple, TX	4.0	2.0	1300	$1,345	$1.03	15d	1	0.63mi
3204 Stonewall Dr Unit A Temple, TX	3.0	2.0	1282	$1,325	$1.03	45d	1	0.63mi
3204 Stonewall Dr Temple, TX	3.0	2.0	1282	$1,375	$1.07	15d	1	0.63mi
803 Eastland Dr Unit a Temple, TX	3.0	2.0	1306	$1,350	$1.03	45d	1	0.63mi
3103 Stonewall Dr Unit A Temple, TX	3.0	2.0	1400	$1,395	$1.00	45d	1	0.65mi
3312 Stonewall Dr Unit a Temple, TX	3.0	2.0	1332	$1,325	$0.99	45d	1	0.65mi
3111 Stonewall Dr Unit A Temple, TX	3.0	2.0	1334	$1,350	$1.01	45d	1	0.66mi
3316 Stonewall Dr Temple, TX	3.0	2.0	1334	$1,350	$1.01	15d	1	0.66mi
3211 Stonewall Dr Temple, TX	3.0	2.0	1350	$1,375	$1.02	15d	1	0.67mi
815 Eastland Dr Temple, TX	3.0	2.0	1347	$1,395	$1.04	15d	1	0.67mi
503 E Union Temple, TX	3.0	2.0	1131	$1,395	$1.23	45d	1	0.68mi
902 Childress Dr Unit b Temple, TX	3.0	2.0	1347	$1,250	$0.93	45d	1	0.69mi
3315 Stonewall Dr Unit b Temple, TX	3.0	2.0	1560	$1,350	$0.87	45d	1	0.69mi
917 Crockett Ct Temple, TX	3.0	2.0	1917	$1,550	$0.81	15d	1	0.69mi
3330 Stonewall Dr Unit b Temple, TX	3.0	2.0	1306	$1,350	$1.03	45d	1	0.70mi
3330 Stonewall Dr Temple, TX	3.0	2.0	1306	$1,375	$1.05	15d	1	0.70mi
3109 Ochiltree Dr Unit b Temple, TX	3.0	2.0	1347	$1,345	$1.00	45d	1	0.71mi
607 E Union Temple, TX	3.0	2.0	1099	$1,325	$1.21	15d	1	0.74mi
2923 Atascosa Dr Temple, TX	3.0	2.0	1457	$1,795	$1.23	23d	1	0.87mi
214 E Munroe Ave Temple, TX	3.0	2.0	1084	$1,200	$1.11	45d	1	1.05mi
1303 N 10th St Temple, TX	3.0	1.5	1119	$1,200	$1.07	45d	1	1.14mi
904 N Main St Temple, TX	3.0	1.5	1228	$1,300	$1.06	25d	1	1.29mi
804 N 7th St Temple, TX	3.0	2.0	1650	$1,500	$0.91	45d	1	1.35mi
1812 E Young Ave Temple, TX	3.0	1.0	1384	$1,100	$0.79	23d	1	1.38mi
717 N 3rd St Temple, TX	3.0	2.0	1281	$1,695	$1.32	23d	1	1.38mi

Listing history 5 events

1. 2026-04-25
   status Pending 790-char remark

   Show marketing remark (790 chars)

   Located in an established neighborhood in Temple, this 3-bedroom, 2-bath home at 212 W Killen Ln offers a unique opportunity in a rapidly growing and up-and-coming area. Surrounded by ongoing development and revitalization, this property is ideal for buyers looking to invest in a location with strong future potential. The home features a functional layout with generous living space and sits on a sizable lot with room for improvements, expansion, or outdoor enhancements. Conveniently positioned near major roadways, schools, and local amenities, the location provides both accessibility and long-term value. Whether you're a homeowner ready to make it your own or an investor seeking your next project, this property presents a great opportunity in one of Temple’s emerging areas.

2. 2026-04-25
   status Pending

   Show marketing remark (790 chars)

   Located in an established neighborhood in Temple, this 3-bedroom, 2-bath home at 212 W Killen Ln offers a unique opportunity in a rapidly growing and up-and-coming area. Surrounded by ongoing development and revitalization, this property is ideal for buyers looking to invest in a location with strong future potential. The home features a functional layout with generous living space and sits on a sizable lot with room for improvements, expansion, or outdoor enhancements. Conveniently positioned near major roadways, schools, and local amenities, the location provides both accessibility and long-term value. Whether you're a homeowner ready to make it your own or an investor seeking your next project, this property presents a great opportunity in one of Temple’s emerging areas.

3. 2026-04-20
   listed $145,000 Active 790-char remark

   Show marketing remark (790 chars)

   Located in an established neighborhood in Temple, this 3-bedroom, 2-bath home at 212 W Killen Ln offers a unique opportunity in a rapidly growing and up-and-coming area. Surrounded by ongoing development and revitalization, this property is ideal for buyers looking to invest in a location with strong future potential. The home features a functional layout with generous living space and sits on a sizable lot with room for improvements, expansion, or outdoor enhancements. Conveniently positioned near major roadways, schools, and local amenities, the location provides both accessibility and long-term value. Whether you're a homeowner ready to make it your own or an investor seeking your next project, this property presents a great opportunity in one of Temple’s emerging areas.

4. 2026-04-08
   listed $145,000 Active
5. 1993-10-01
   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: $4,415 · $368/mo
• Projected year-2 tax: $4,415 · $368/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 4/10 Moderate
• 🌡 Heat 7/10 Severe 7 d/yr ≥108°F today · 21 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 70% 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: $18,092
• − Mortgage interest: −$8,122
• − Property taxes: −$4,415
• − Insurance: −$725
• − Repairs & maintenance: −$1,447
• − Management: −$1,447
• − Depreciation: −$4,218
• Taxable loss: −$2,283
• Est. tax savings @ 24.0%: +$548
• After-tax cash flow: $576/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: Temple ISD
• NCES district ID: 4842330
• Math proficiency: 32% ▼ -8.00%
• Reading proficiency: 31% ▼ -4.00%
• Median HH income: $43,120
• Composite: 26.8/100
• National rank: #7123
• State rank: #590 of 826 in TX

Livability — Temple

• Score: 75/100
• State rank: #122
• US rank: #3814

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Temple, TX
• County: Bell County · 345,090 people
• City population: 96,587
• Metro: Killeen-Temple, TX
• Population (ZIP): 17,752
• Household income: $62,532
• Rent vs Own: 36.1% rent · 63.9% own
• Severe rent burden: 466.0

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: Diverse neighborhood (Simpson 0.67)
• Race & ethnicity: White 42% Hispanic / Latino 36% Two or more races 18% Black 17% Native American 2%
• Hispanic origin (detail): Mexican 31% Puerto Rican 2%
• Common ancestry: Romanian 3% Italian 2% Slovak 1%
• Foreign-born: 6% · Canada
• Languages at home: 79% English-only · Spanish 20%

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: ▼ -113.09%
• Current HPI: 177.0555
• Rent YoY: ▲ 3.44%
• 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

+0.0% since first listed

5 events — show timeline

• 2026-04-25 Pending — CTXMLS
• 2026-04-25 Pending — Unlock MLS
• 2026-04-20 Listed $145,000 CTXMLS
• 2026-04-08 Listed $145,000 Unlock MLS
• 1993-10-01 Sold (Public Records) — Public Records

Property tax history

+5.7%/yr

Latest (2025): $4,415 · +4.5% YoY. Source: county tax records.