Active Listing  ·  152 days on market

2102 Cascade Dr

Killeen, TX 76549
$169,900
3 Bed 2 Bath 1,279 sqft $133/sqft Built 1983 0.14 acres 2-Car Garage Pool Norman Place 1st Ext Rep

We kid you not, this Princess can become a Queen with a few touches that our seller is willing to povide. This sweet home can provide years of happiness and security for you as the new owners. You won't be house poor and you can afford to have a life outside of house payments. Yes, it needs some TLC because it has been in Rental Management but our seller has looked at several options to help you make this home your home. Ask about our financial & décor incentives that will go a long way towards making this address your happy place. Minutes to Fort Hood main gate and close to general amenities needed to sustain a healthy life. Think about this, if you are military and have to move, you can easily rent it and start your investment portfolio. Don't sleep on this one, it might be exactly the opportunity you've wanted. Call us now to see inside. WOW!

At $133/sqft, this home is 22% below the Killeen active market average of $170/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

2102 Cascade Dr, Killeen, TX 76549

Property Details

Price $169,900
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,279 sqft
Lot Size 0.14 acres (5,998.21 sqft)
Year Built 1983
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Norman Place 1st Ext Rep
County Bell
Zip Code 76549
$/sqft $133/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $2,922.01
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT231456240
List Date May 26, 2026
Elementary School Pershing Park
Middle School Palo Alto
High School Ellison
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.

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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
3309 Tallwood Dr
South Meadows Sec Vi
$160,000 $110 3 bd / 2 ba 1,456 sqft , 2026-09-10
1810 Gautier Ave
Sugar Loaf Estates Add 3r
$199,500 $154 3 bd / 2 ba 1,296 sqft , 2026-06-15
3302 Southhill Dr
West Ridge Estates
$205,000 $132 4 bd / 2 ba 1,556 sqft , 2026-08-18

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
$816/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
$33,980
20% conventional investment loan

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

Estimated Gross Rent+$816
Principal + Interest−$927
Property Tax (~2.1% TX avg)−$297
Insurance (~0.5%)−$71
Est. Monthly Cash Flow $-479

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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About the Author
Luke Allen, Austin TX Realtor, TREC #788149
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 September 14, 2026.

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