Active Listing  ·  142 days on market

307 Paddock Ln

Killeen, TX 76542
$260,000
3 Bed 2 Bath 1,508 sqft $172/sqft Built 2021 0.17 acres 2-Car Garage Pool Duncan Farms Ph I

Move-in ready, well maintained single-story home offering approximately 1,508 sf with 3 bedrooms, 2 bathrooms, and a 2-car garage. Open floor plan features a dedicated dining area that flows into the kitchen and family room, creating an ideal space for everyday living and hosting. The private primary suite includes a bay window, dual vanities, and a spacious walk-in closet. Additional highlights include 9-ft ceilings, granite kitchen countertops, and stainless steel appliances.**Refrigerator does not convey** Smart home features through the home allows convenient control of lights, thermostat, and locks from your smartphone. Generous sized yard with a covered patio. Conveniently located near U.S. Highway 195 for an easy commute to Austin, Killeen–Fort Hood Regional Airport, Texas A&M University–Central Texas, H-E-B, and more. The perfect balance of modern comfort, style, and convenience.

At $172/sqft, this home is priced in line with the Killeen market average of $173/sqft across 145 active listings. View Austin market report →

Location

307 Paddock Ln, Killeen, TX 76542

Property Details

Price $260,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,508 sqft
Lot Size 0.17 acres (7,200.47 sqft)
Year Built 2021
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Duncan Farms Ph I
County Bell
Zip Code 76542
$/sqft $172/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $4,638.52
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT222646733
List Date March 15, 2026
Elementary School Alice W Douse
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.

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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
1511 Cordus Jackson Jr. Ln
Victory Ranch
$258,475 $172 3 bd / 2 ba 1,501 sqft , 2026-08-03
1609 Cordus Jackson Jr. Ln
Victory Ranch
$257,475 $172 3 bd / 2 ba 1,501 sqft , 2026-08-03
1403 Victory Ranch Trl
Victory Ranch
$256,045 $181 3 bd / 2 ba 1,415 sqft , 2026-04-16
309 Presley Dr
Turnbo Ranch
$255,150 $152 4 bd / 2 ba 1,680 sqft , 2026-07-21
108 W Gemini Ln W
Trimmier Estates Ph Two
$264,900 $143 3 bd / 3 ba 1,856 sqft , 2026-06-24

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
$1,248/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
$52,000
20% conventional investment loan

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

Estimated Gross Rent+$1,248
Principal + Interest−$1,419
Property Tax (~2.1% TX avg)−$455
Insurance (~0.5%)−$108
Est. Monthly Cash Flow $-734

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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