Active Listing  ·  17 days on market

1011 Llewellyn Ln

Killeen, TX 76542
$439,900
4 Bed 2 Bath 2,436 sqft $181/sqft Built 1979 3.00 acres 2-Car Garage Pool Llewelyn Ranchettes

Great opportunity to own this ranchette home on 3 acres in the desirable Killeen area. Add your own customized touches to make this an ideal home with 4 bedrooms and 2 baths. Great potential for a gourmet kitchen. Refrigerator conveys. This property feeds into great schools, including Chaparral High School. This home needs new flooring, some paint, cleaning, and TLC ~ Property sold as is. Buyer to confirm all information. The home has a rear-entry carport and a detached, side-entry 2-car garage along with an ideal flex air-conditioned space that could be used for a gym, office, or future pool house. The owner has the survey from the last closing.

At $181/sqft, this home is priced 5% above the Killeen active market average of $172/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

1011 Llewellyn Ln, Killeen, TX 76542

Property Details

Price $439,900
Status Active Listing
Beds 4
Full Baths 2
Half Baths ,
Living Area 2,436 sqft
Lot Size 3.00 acres (130,680 sqft)
Year Built 1979
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Llewelyn Ranchettes
County Bell
Zip Code 76542
$/sqft $181/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $9,840.86
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT232037575
List Date July 18, 2026
Elementary School Saegert
Middle School Charles E Patterson
High School Chapparral
School District ,

Luke Allen (TREC #788149) has deep knowledge of Killeen and surrounding markets. Whether you're buying, selling, or just researching comparable sales, reach out for a no-pressure conversation.

Schedule a Call →

Similar Homes on the Market in Killeen

Comparable Listings Right Now

Homes currently for sale in Killeen with similar bedroom count, size, and price range, giving you real-time context for how this property's asking price compares to the active market.

AddressList Price$/sqftBeds/BathsSqftDOMListed
8302 Ginny Ln
Heritage Oaks Ph One
$449,000 $205 4 bd / 3 ba 2,186 sqft , 2026-05-01
7611 Iridium Dr
Heritage Oaks Ph 5&6
$422,244 $198 4 bd / 3 ba 2,131 sqft , 2026-04-24
7711 Silicon Dr
Heritage Oaks Ph 5 & 6
$468,900 $192 4 bd / 3 ba 2,443 sqft , 2026-07-31
9000 Grand Oaks Ln
Heritage Oaks Ph One Rep
$480,000 $186 5 bd / 3 ba 2,577 sqft , 2026-03-24
5612 Tumbled Stone Dr
White Rock Estates Ph Three
$399,000 $151 4 bd / 3 ba 2,638 sqft , 2026-07-30

Source: ACTRIS MLS, live listings. Similar by ±1 bed, ±35% price, ±35% sqft. Contact Luke for a formal comparative market analysis.

Investment Analysis

Rental Income Potential

The numbers below use conservative Austin-market assumptions. They are estimates, not a guarantee. Actual rents vary by condition, timing, and management. Read our full Austin rental property guide →

Est. Monthly Rent
$2,112/mo
0.48% rule · conservative Austin est.
Gross Yield
5.76%
Annual rent ÷ purchase price
Cap Rate (est.)
3.46%
NOI after 40% vacancy + expenses
Down Payment
$87,980
20% conventional investment loan

Monthly Cash Flow Breakdown (20% down · 7.25% rate)

Estimated Gross Rent+$2,112
Principal + Interest−$2,401
Property Tax (~2.1% TX avg)−$770
Insurance (~0.5%)−$183
Est. Monthly Cash Flow $-1,242

At current rates and prices, many Austin luxury properties run neutral or slightly negative on pure cash flow, appreciation and equity paydown are the primary return drivers. BRRRR and off-market acquisitions can improve day-one cash flow. Learn about the BRRRR method in Austin →

Commute & Employment

Major Employers Near Killeen, TX

Killeen sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Tesla Gigafactory 15-25 min E
Apple Campus (Domain) 20-30 min N
Google / Meta / Indeed 10-15 min downtown
Dell Medical School / UT Austin 10-20 min
Samsung Austin Semiconductor 25 min N

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