Active Listing  ·  36 days on market

517 Fritze Dr

Killeen, TX 76542
$299,260
4 Bed 2 Bath 1,796 sqft $167/sqft Built 2026 0.13 acres 2-Car Garage Pool Turnbo Ranch

Step into the incredible Texas Cali floorplan at Turnbo Ranch in Killeen, Texas. The 4 bedroom, 2-bathroom has a spacious 1,796 approximate square footage that is perfect as your new home.

Entertain in the large, open space living room or gather in the beautifully designed kitchen. The kitchen features flat panel birch cabinetry, granite countertops, and stainless-steel appliances. Or enjoy nature from under the backyard covered patio.

You’ll also find three cozy carpeted secondary bedrooms with easy access to the secondary bathroom. The laundry room is also centrally located for convenience. Retreat to the luxurious primary bedroom, where you’ll find the attached primary bathroom with its double vanity and walk-in closet.

The Texas Cali floorplan was designed with you in mind, this floorplan offers plenty of space to move around. The smart home package is included to keep your home connected. Control and secure your home through the Qolsys smart panel, through your phone, or even with your voice. With comfort and functionality, our Texas Cali floorplan is living at its finest.

Contact us today to learn more about the Texas Cali floorplan.

At $167/sqft, this home is priced in line with the Killeen market average of $170/sqft across 172 active listings. View Austin market report →

Location

517 Fritze Dr, Killeen, TX 76542

Property Details

Price $299,260
Status Active Listing
Beds 4
Full Baths 2
Half Baths ,
Living Area 1,796 sqft
Lot Size 0.13 acres (5,662.8 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Turnbo Ranch
County Bell
Zip Code 76542
$/sqft $167/sqft
Days on Market ,
HOA $125/Quarterly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT247356987
List Date September 19, 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 →

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 · September 19, 2026 $304,755
Current ask $299,260
▼ Reduced $5,495 (-1.8%) 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.

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
521 Fritze Dr
Turnbo Ranch
$300,820 $148 4 bd / 2 ba 2,032 sqft , 2026-09-23
410 Isham Dr
Turnbo Ranch
$297,260 $159 4 bd / 2 ba 1,873 sqft , 2026-08-07
518 Bulah Dr
Turnbo Ranch
$301,320 $148 4 bd / 2 ba 2,032 sqft , 2026-10-20
302 Isham Dr
Turnbo Ranch
$296,760 $165 4 bd / 2 ba 1,796 sqft , 2026-09-19
502 Bulah Dr
Turnbo Ranch
$302,010 $166 4 bd / 3 ba 1,823 sqft , 2026-09-19

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
$1,436/mo
0.48% rule · conservative Austin est.
Gross Yield
5.76%
Annual rent ÷ purchase price
Cap Rate (est.)
3.45%
NOI after 40% vacancy + expenses
Down Payment
$59,852
20% conventional investment loan

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

Estimated Gross Rent+$1,436
Principal + Interest−$1,633
Property Tax (~2.1% TX avg)−$524
Insurance (~0.5%)−$125
Est. Monthly Cash Flow $-846

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 October 2, 2026.

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