Active Listing  ·  32 days on market

6511 Rein Dr

Killeen, TX 76542
$289,900
3 Bed 2 Bath 1,848 sqft $157/sqft Built 1986 0.64 acres 2-Car Garage Pool Wagon Wheel Sub

Welcome to 6511 Rein Dr., where country charm and city convenience meet on a wonderfully oversized .642-acre lot! If you’ve been dreaming of a little more elbow room, a place for family, pets, projects, and plenty of good old- fashioned living, this may be the home that steals your heart. Inside, you’ll find 3 bedrooms and 2 baths, a formal dining room ready for holiday dinners and Sunday suppers, and a charming U-shaped kitchen complete with a deluxe refrigerator. But just wait until you see the huge family/game room—the kind of space made for birthday parties, movie nights, game-day gatherings, and a house full of people you love. Fresh upgrades make this home wonderfully move-in ready, including new windows and a spotless interior that has been lovingly cared for over the years. Outside is where the possibilities really begin. With an impressive .642-acre lot, there’s room to breathe, roam, garden, play, and enjoy your animals to your heart’s content—as much as the city allows, of course! Two storage buildings convey, giving you plenty of space for tools, hobbies, lawn equipment, and all those things that somehow never fit in the house. And then there’s the massive carport—already useful as-is, but with exciting potential to be converted into a freestanding garage. There’s something special about a home that has been genuinely loved. This home has been the setting for family gatherings, everyday moments, and years of happy memories. Now its owner is heading toward life’s next great adventure—and this home is ready for someone new to write the next chapter. Come for the space. Stay for the charm. And discover a little slice of country living right in the city. The property is now tied in the City of Killeen Public Sewer System NO SEPTIC. Hurry, call me now before your friends do!

At $157/sqft, this home is 8% 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

6511 Rein Dr, Killeen, TX 76542

Property Details

Price $289,900
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,848 sqft
Lot Size 0.64 acres (27,987.3 sqft)
Year Built 1986
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Wagon Wheel Sub
County Bell
Zip Code 76542
$/sqft $157/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $5,163.51
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT247708403
List Date September 23, 2026
Elementary School Saegert
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
108 W Gemini Ln W
Trimmier Estates Ph Two
$259,900 $140 3 bd / 3 ba 1,856 sqft , 2026-06-24
5808 Maryam Khan Dr
Freedom Crossing
$247,999 $125 4 bd / 2 ba 1,985 sqft , 2026-10-13
411 Leo Ln
Trimmier Estates Ph One
$238,700 $147 3 bd / 2 ba 1,625 sqft , 2026-08-15
5806 Maryam Khan Dr
Freedom Crossing
$231,999 $134 4 bd / 2 ba 1,732 sqft , 2026-10-14

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
$1,392/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
$57,980
20% conventional investment loan

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

Estimated Gross Rent+$1,392
Principal + Interest−$1,582
Property Tax (~2.1% TX avg)−$507
Insurance (~0.5%)−$121
Est. Monthly Cash Flow $-818

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 24, 2026.

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