1525 Meadow Dr · Killeen, TX 76549

$125,000

3 bd · 2.0 ba · 1,254 sqft · SingleFamily public records · 15 Days on market

Built 1964 8,102 sqft lot Est $168k · 26% under

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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).

• Cash flow +19.1/30.0
• ARV discount +15.0/15.0
• 1% rule +6.1/10.0
• DSCR +6.0/10.0
• Livability +3.2/5.0
• Schools +3.0/10.0
• Rent growth +2.8/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Attention investors! Welcome to this remodeled home being sold AS-IS. Major updates include a roof replaced in 2016, AC in 2023, fence in 2025, water heater in 2025, and interior and exterior remodeling completed in 2025. Situated on a corner lot, this property offers great potential as a rental investment or for a homeowner open to completing their own repairs and finishing touches. Features include vinyl flooring throughout, a great-sized living room, and a spacious backyard. This is a great opportunity to purchase with built-in equity. Conveniently located under 4 miles from Fort Hood and close to schools, shopping, and more.

Key facts

• Close to schools
• Vinyl flooring
• Spacious backyard

Tags

• REMODELED HOME
• CORNER LOT
• VINYL FLOORING
• SPACIOUS BACKYARD
• CLOSE TO SCHOOLS
• CLOSE TO SHOPPING

Property features AI

Exterior

• Parking: Attached or detached garage not specified — 1-car garage
• Utilities: Public water; Public trash collection
• Home design: Single-story; Resale property
• Construction: Built prior to or based on assessor records; Brick and vinyl siding construction; Composition shingle roof; Slab foundation
• Exterior features: Wood fencing; No other exterior features listed

Interior

• Kitchen: Oven
• Flooring: Vinyl flooring
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Granite counters; Kitchen island; Vanity; No additional interior features listed
• Laundry & utility: Inside laundry in a laundry closet

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $125k.

Deal economics

• At list price, monthly cash flow is $133 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $125k).
• Recommended offer: $123k (1.5% below list) — sets the bar for market timing.
• Cap rate 7.6% 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: Palo Alto Middle (math 25% / reading 28%, grade F, #1,200 of 1,662 statewide, top 73%, 790 students, 75% FRL); Robert M Shoemaker H S (math 18% / reading 39%, grade F, #1,157 of 1,632 statewide, top 72%, 2,175 students, 60% 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 rising (+1.1%/yr); 429 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); 42% 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 $864 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

• It's been on market 15 days — a 2% lower offer ($123k) is reasonable based on typical stale-listing flexibility.
• 4 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

• Climate carrying-cost: major wind risk, 56% chance of damaging wind over 30y; extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $123,125 (1.5% below list)

Questions for the listing agent

1. Built in 1964 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
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: 1.11% ✓
• Cap rate: 7.57%
• Cash-on-cash: 4.55%
• DSCR: 1.20
• GRM: 7.5

CMA / ARV

• ARV (on-the-fly): $168,036
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1310 Bonner Dr	0.14mi	3/2.0	1,204 (-4%)	2mo	$155,000	$129	85
1405 Camilla Rd	0.09mi	3/2.0	1,125 (-10%)	4mo	$150,000	$133	76
1818 Gautier Ave	0.38mi	3/2.0	1,304 (+4%)	4mo	$169,000	$130	72
1305 West Ln	0.26mi	3/2.0	1,138 (-9%)	3mo	$153,000	$134	70
1200 Stephen St	0.35mi	3/2.0	1,341 (+7%)	4mo	$188,500	$141	69
1308 Goodhue Dr	0.52mi	3/2.0	1,248 (-0%)	8mo	$183,000	$147	68
2801 Greystone Dr	0.48mi	3/2.0	1,372 (+9%)	2mo	$155,000	$113	60
1015 Ronstan Dr	0.42mi	3/2.0	1,102 (-12%)	4mo	$149,000	$135	57
2402 Andover Dr	0.56mi	3/2.0	1,141 (-9%)	6mo	$74,000	$65	54
1701 Bobby Lee Dr	0.44mi	3/2.5	1,413 (+13%)	4mo	$130,000	$92	53
1706 Bobby Lee Dr	0.44mi	3/2.0	1,074 (-14%)	6mo	$149,000	$139	50
3010 Westrim Dr	0.74mi	4/2.0 (+1)	1,442 (+15%)	5mo	$199,900	$139	31

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 · 1.14% rent growth · sell at horizon

5-year hold

• IRR: -11.5%
• Equity multiple: 0.59×
• Total profit: $-14,275
• Equity at exit: $18,638

10-year hold

• IRR: -5.5%
• Equity multiple: 0.68×
• Total profit: $-11,304
• Equity at exit: $10,808

Cash invested: $35,000 (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 76549

• Home prices YoY: -12.6%
• Rents YoY: 1.1%
• Active inventory: 429
• Price-to-rent: 7.5×

Monthly cashflow live

• Estimated rent: $1,389 high
• Mortgage (P&I): −$656
• Tax from tax record: −$257 /mo · $3,088/yr
• Insurance: −$52
• HOA: −$0
• Vacancy / Maint / Mgmt: −$292
• Net cashflow: $133

Break-even live

Break-even rent $1,221

Max offer price $125,000

Occupancy floor 85%

Sensitivity live

Price	-10% $203	-5% $168	+0% $133	+5% $97	+10% $62
Rent	-10% $23	-5% $78	+0% $133	+5% $188	+10% $242
Rate	-1.0pp $196	-0.5pp $164	base $133	+0.5pp $100	+1.0pp $67

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: $31,250
• Closing costs: $3,750
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1501 Ferndale Dr Killeen, TX	3.0	2.0	1328	$1,550	$1.17	25d	1	0.13mi
1520 McCarthy Ave Killeen, TX	3.0	2.0	1789	$1,275	$0.71	25d	1	0.19mi
1709 Kylie Cir Apt A Killeen, TX	2.0	1.5	900	$750	$0.83	25d	1	0.23mi
1206 Bonner Dr Killeen, TX	4.0	1.0	1248	$1,245	$1.00	15d	1	0.24mi
1307 Linda Spur Killeen, TX	3.0	2.0	1660	$1,595	$0.96	45d	1	0.25mi
1505 Daude Ave Killeen, TX	3.0	2.0	1223	$1,350	$1.10	25d	1	0.26mi
1712 Old FM 440 Rd Apt A Killeen, TX	2.0	1.5	930	$750	$0.81	45d	1	0.26mi
1209 West Ln Killeen, TX	3.0	2.0	1100	$1,300	$1.18	45d	1	0.28mi
1208 Industrial Blvd Killeen, TX	2.0	1.5	966	$750	$0.78	25d	1	0.29mi
2410 Grasslands Dr Killeen, TX	3.0	2.0	1352	$1,395	$1.03	25d	1	0.30mi
2806 Grasslands Dr Killeen, TX	3.0	2.0	1451	$1,395	$0.96	15d	1	0.31mi
1214 Valentine St Killeen, TX	3.0	1.0	1090	$1,025	$0.94	25d	1	0.32mi
1200 Industrial Blvd Unit B Killeen, TX	2.0	1.5	900	$825	$0.92	45d	1	0.33mi
1804 Clarawood Dr Killeen, TX	3.0	2.0	1238	$1,300	$1.05	15d	1	0.34mi
1228 Chippendale Dr Killeen, TX	3.0	2.0	1271	$1,395	$1.10	15d	1	0.36mi
1613 Bobby Lee Dr Killeen, TX	3.0	2.5	1274	$1,495	$1.17	25d	1	0.38mi
1208 Ridgemont Dr Killeen, TX	3.0	1.0	1224	$1,150	$0.94	25d	1	0.40mi
1714 West Ln Killeen, TX	2.0	1.0	899	$1,200	$1.33	45d	1	0.42mi
3001 Baldwin Loop Killeen, TX	3.0	2.0	1280	$1,152	$0.90	25d	1	0.42mi
1820 Gaynor Dr Killeen, TX	4.0	2.0	1288	$1,600	$1.24	45d	1	0.43mi
3003 Baldwin Loop Unit A Killeen, TX	3.0	2.0	1330	$1,175	$0.88	45d	1	0.43mi
1204 Alta Vista Dr Killeen, TX	4.0	2.0	1624	$1,450	$0.89	45d	1	0.44mi
1818 Janis Dr Killeen, TX	4.0	2.0	1781	$1,450	$0.81	25d	1	0.44mi
2311 Old FM 440 Rd Killeen, TX	3.0	2.0	1469	$1,550	$1.06	45d	1	0.44mi
1704 Big Bend Dr Killeen, TX	3.0	2.0	1472	$1,600	$1.09	25d	1	0.44mi
1802 Big Bend Dr Killeen, TX	3.0	2.0	1515	$1,650	$1.09	45d	1	0.47mi
1213 Meadow Dr Killeen, TX	3.0	2.0	1213	$1,345	$1.11	45d	1	0.47mi
909 Yi Dr Unit B Killeen, TX	3.0	2.0	1275	$1,150	$0.90	45d	1	0.47mi
2609 Bermuda Dr Unit C Killeen, TX	2.0	1.5	1025	$950	$0.93	25d	1	0.48mi
1806 Bobby Lee Dr Killeen, TX	3.0	2.0	1220	$1,295	$1.06	25d	1	0.48mi
1005 Bonner Dr Killeen, TX	3.0	2.0	1347	$1,300	$0.97	45d	1	0.48mi
2701 Bermuda Dr Unit A Killeen, TX	2.0	1.5	924	$949	$1.03	45d	1	0.48mi
2804 Lawndale St Killeen, TX	3.0	2.0	1581	$1,695	$1.07	45d	1	0.52mi
2512 Schulze Dr Killeen, TX	3.0	2.5	1638	$1,450	$0.89	25d	1	0.52mi
2806 Greystone Dr Killeen, TX	4.0	2.0	1778	$1,465	$0.82	45d	1	0.54mi
2810 Lawndale St Killeen, TX	3.0	2.0	1300	$1,425	$1.10	15d	1	0.56mi
2002 Hinkle Ave Killeen, TX	3.0	2.0	1370	$1,225	$0.89	25d	1	0.56mi
414 Baumann Dr Killeen, TX	3.0	2.0	1267	$1,399	$1.10	25d	1	0.57mi
2902 Lawndale St Killeen, TX	3.0	2.0	1244	$1,395	$1.12	45d	1	0.57mi
2104 Corona Dr Killeen, TX	3.0	2.0	1480	$1,450	$0.98	25d	1	0.58mi

Listing history 16 events

1. 2026-06-07
   statusdays on market $125,000 Pending 15 DOM
2. 2026-06-03
   days on market $125,000 Active Under Contract 14 DOM
3. 2026-06-02
   days on market $125,000 Active Under Contract 13 DOM
4. 2026-06-01
   days on market $125,000 Active Under Contract 12 DOM
5. 2026-05-31
   days on market $125,000 Active Under Contract 11 DOM
6. 2026-05-30
   days on market $125,000 Active Under Contract 10 DOM
7. 2026-05-20
   listed $125,000 Active
8. 2026-04-14
   historical
9. 2026-04-08
   price $174,900
10. 2026-03-23
    listed $184,900 Active
11. 2025-11-19
    soldstatus
12. 2025-09-24
    listed Active
13. 2025-08-12
    historical
14. 2025-07-22
    listed $119,900 Active
15. 2019-01-16
    soldstatus
16. 1986-04-03
    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: $3,088 · $257/mo
• Projected year-2 tax: $3,088 · $257/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 3/10 Moderate
• 🌡 Heat 7/10 Severe 7 d/yr ≥107°F today · 23 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 56% 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: $16,672
• − Mortgage interest: −$7,002
• − Property taxes: −$3,088
• − Insurance: −$625
• − Repairs & maintenance: −$1,334
• − Management: −$1,334
• − Depreciation: −$3,636
• Taxable loss: −$347
• Est. tax savings @ 24.0%: +$83
• After-tax cash flow: $1,675/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): 56,038
• Household income: $70,871
• Rent vs Own: 44.7% rent · 55.3% own
• Severe rent burden: 1874.0

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 35% White 27% Hispanic / Latino 26% Two or more races 16% Asian 4% Pacific Islander 1%
• Hispanic origin (detail): Mexican 13% Puerto Rican 9%
• Common ancestry: Italian 3% Romanian 1% Slovak 1%
• Foreign-born: 8% · Canada, Vietnam, South Korea
• Languages at home: 77% English-only · Spanish 17% Tagalog/Filipino 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: ▼ -24.68%
• Current HPI: 171.2708
• Rent YoY: ▲ 1.14%
• 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

+4.3% since first listed

10 events — show timeline

• 2026-05-20 Listed $125,000 CTXMLS
• 2026-04-14 Listing Removed — CTXMLS
• 2026-04-08 Price Changed $174,900 CTXMLS
• 2026-03-23 Listed $184,900 CTXMLS
• 2025-11-19 Sold (Public Records) — Public Records
• 2025-09-24 Listed — Unlock MLS
• 2025-08-12 Listing Removed — CTXMLS
• 2025-07-22 Listed $119,900 CTXMLS
• 2019-01-16 Sold (Public Records) — Public Records
• 1986-04-03 Sold (Public Records) — Public Records

Property tax history

+9.9%/yr

Latest (2025): $3,088 · +0.6% YoY. Source: county tax records.