About This Home

ASSUMABLE VA LOAN AT 3.74%! Buyer may have the opportunity to assume the seller's existing VA loan, subject to lender/servicer approval and buyer qualification. Well-maintained home in a quiet neighborhood, ideally located at the end of the street! Recent major updates include a roof approximately 2.5 years old with 50-year shingles and an HVAC system installed approximately 3 years ago, with a brand-new compressor and condenser added this year. The spacious backyard also features a utility shed, perfect for storing tools, lawn equipment, and outdoor essentials. A great opportunity to enjoy a peaceful setting with thoughtful updates already in place!

At $91/sqft, this home is 47% below the Killeen active market average of $172/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

1704 Prestige Loop, Killeen, TX 76549

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Property Details

Price $234,900

Status Active Listing

Beds 4

Full Baths 2

Half Baths ,

Living Area 2,587 sqft

Lot Size 0.27 acres (11,878.81 sqft)

Year Built 2006

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Lakecrest On The Hill Amd

County Bell

Zip Code 76549

$/sqft $91/sqft

Days on Market ,

HOA None / verify with agent

Annual Tax Est. $5,105.03

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT241833029

List Date August 5, 2026

Elementary School Pershing Park

Middle School Live Oak Ridge

High School Shoemaker

School District ,

Have Questions About This Property?

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.

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Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · August 5, 2026 $240,000

Current ask $234,900

▼ Reduced $5,100 (-2.1%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

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

$1,128/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

$46,980

20% conventional investment loan

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

Estimated Gross Rent+$1,128

Principal + Interest−$1,282

Property Tax (~2.1% TX avg)−$411

Insurance (~0.5%)−$98

Est. Monthly Cash Flow $-663

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

About the Author

Luke Allen

Licensed Austin TX Realtor · TREC #788149 · Full-time since 2019

★★★★★ 5.0 on Google · 30 Reviews

Luke Allen is a full-time Austin TX Realtor with the Austin Marketing + Development Group brokerage. He works with buyers, sellers, and investors across every Austin ISD and the surrounding neighborhoods, from Downtown and East Austin to Round Rock, Cedar Park, and the Hill Country. Every page on this site is written and maintained by Luke. This page was last updated on August 18, 2026.

📞 (254) 718-2567 [email protected] More about Luke →

1704 Prestige Loop

Location

Property Details

How This Ask Has Moved

Rental Income Potential

Major Employers Near Killeen, TX

More Luxury Homes in Killeen

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