Active Listing  ·  18 days on market

354 Presley Dr

Killeen, TX 76542
$248,690
3 Bed 2 Bath 1,595 sqft $156/sqft Built 2026 0.12 acres 2-Car Garage Pool Turnbo Ranch

Talk to us about the Caden, a floorplan at our Turnbo Ranch community in Killeen, Texas. With 3 bedrooms, 2 bathrooms, and approximate 1,595 sq. ft., this single-story home is designed to fit your needs. The 2-car garage gives you space for storage or your vehicles.

When you first walk into the home, the entryway leads to two secondary bedrooms and the secondary bathroom. Continuing down the hall is the open concept living space starting with the kitchen and dining room. Modern design and function are key features, and the kitchen provides flat panel birch cabinets and granite countertops. The kitchen island includes a built-in sink, and stainless-steel appliances are throughout.

Find the large pantry and laundry room next to the kitchen, with inside access to the garage. From the kitchen and dining area, you can continue to the large living space with easy access to the covered patio. The primary bedroom has an attached bathroom, with a spacious walk-in closet.

Find yourself at home in the Caden floorplan!

At $156/sqft, this home is 10% below the Killeen active market average of $173/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

354 Presley Dr, Killeen, TX 76542

Property Details

Price $248,690
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,595 sqft
Lot Size 0.12 acres (5,401.44 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Turnbo Ranch
County Bell
Zip Code 76542
$/sqft $156/sqft
Days on Market ,
HOA $125/Quarterly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT240352582
List Date July 17, 2026
Elementary School Alice W Douse
Middle School Dr. Jimmie Don Aycok
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
6814 Fread Dr
Mitchell Farms
$247,970 $175 3 bd / 2 ba 1,415 sqft , 2026-07-22
508 Atlas Ave
Trimmier Estates Ph One
$249,900 $137 3 bd / 2 ba 1,821 sqft , 2026-07-03
382 Presley Dr
Turnbo Ranch
$252,130 $179 3 bd / 2 ba 1,409 sqft , 2026-07-24
3911 Salt Fork Dr
Goodnight Ranch Add Ph
$245,000 $147 4 bd / 2 ba 1,667 sqft , 2026-07-23
1509 Cordus Jackson Jr Ln
Victory Ranch
$252,475 $178 3 bd / 2 ba 1,415 sqft , 2026-08-03

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
$1,194/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
$49,738
20% conventional investment loan

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

Estimated Gross Rent+$1,194
Principal + Interest−$1,357
Property Tax (~2.1% TX avg)−$435
Insurance (~0.5%)−$104
Est. Monthly Cash Flow $-702

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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