About This Home

Welcome home to this beautifully maintained 4-bedroom, 2-bathroom home offering comfort, space, and functionality for the whole family. The open-concept kitchen features stainless steel appliances, a pantry, and a breakfast area that flows seamlessly into the living room great for entertaining or everyday living. The spacious primary suite includes a relaxing shower/tub combo, creating the perfect retreat after a long day. Step outside to enjoy the covered patio and backyard swing set, ideal for family fun, gatherings, or simply unwinding outdoors. This well-maintained home combines convenience with cozy charm and is ready for its next residents to enjoy. Schedule your showing today!!

At $128/sqft, this home is 25% 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

617 Deloris Dr, Killeen, TX 76542

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Property Details

Price $184,900

Status Active Listing

Beds 4

Full Baths 2

Half Baths ,

Living Area 1,450 sqft

Lot Size 0.18 acres (7,718.83 sqft)

Year Built 1997

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Lancaster Estates

County Bell

Zip Code 76542

$/sqft $128/sqft

Days on Market ,

HOA None / verify with agent

Annual Tax Est. $3,845.34

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT230235595

List Date May 15, 2026

Elementary School Reeces Creek

Middle School Nolan

High School Ellison

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 · May 15, 2026 $198,000

Previous ask $189,000

Current ask $184,900

▼ Reduced $13,100 (-6.6%) 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

3104 Ricks Rd
Morris Sub Ph One $159,999 $123 3 bd / 3 ba 1,296 sqft , 2026-08-22

3402 Sevilla Dr
Loma Vista Estates $215,000 $137 4 bd / 2 ba 1,568 sqft , 2026-09-04

5806 Maryam Khan Dr
Freedom Crossing $231,999 $134 4 bd / 2 ba 1,732 sqft , 2026-10-14

411 Leo Ln
Trimmier Estates Ph One $238,700 $147 3 bd / 2 ba 1,625 sqft , 2026-08-15

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

$888/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

$36,980

20% conventional investment loan

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

Estimated Gross Rent+$888

Principal + Interest−$1,009

Property Tax (~2.1% TX avg)−$324

Insurance (~0.5%)−$77

Est. Monthly Cash Flow $-522

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 October 9, 2026.

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

617 Deloris Dr