Active Listing  ·  69 days on market

7007 Fread Dr

Killeen, TX 76549
$277,999
4 Bed 2 Bath 1,694 sqft $164/sqft Built 2024 0.15 acres 2-Car Garage Pool Mitchell Farm Ph I

New home. New community. New standard of living.

Backed by a 10-year structural warranty, this brand new D.R. Horton home in the sought-after Mitchell Farm community is move-in ready and built to impress. Offering 4 bedrooms, 2 bathrooms, and 1,694 square feet of open-concept living, every detail has been carefully considered.

The kitchen features granite countertops, shaker-style cabinetry, and stainless steel appliances. The primary suite boasts a double vanity and walk-in closet, while the covered patio and full irrigation system make outdoor living effortless. A built-in smart home package, 2-car garage, and centrally located laundry room round out everything this home has to offer.

Located minutes from Fort Hood, Texas A&M Central Texas, and Killeen Regional Airport with easy highway access, the location is just as impressive as the home itself.

This is the lifestyle upgrade you have been waiting for. Schedule your private tour today before someone else calls it home!

At $164/sqft, this home is 5% 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

7007 Fread Dr, Killeen, TX 76549

Property Details

Price $277,999
Status Active Listing
Beds 4
Full Baths 2
Half Baths ,
Living Area 1,694 sqft
Lot Size 0.15 acres (6,499.15 sqft)
Year Built 2024
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Mitchell Farm Ph I
County Bell
Zip Code 76549
$/sqft $164/sqft
Days on Market ,
HOA $120/Quarterly
Annual Tax Est. $5,603.13
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT231469683
List Date May 27, 2026
Elementary School Fowler
Middle School Roy J Smith
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
6807 Fread Dr
Mitchell Farms
$278,025 $167 4 bd / 2 ba 1,665 sqft , 2026-07-22
3900 Addison St
Yowell Ranch
$277,115 $164 3 bd / 3 ba 1,691 sqft , 2026-07-21
6806 Fread Dr
Mitchell Farms
$279,025 $155 4 bd / 2 ba 1,796 sqft , 2026-07-07
5013 Primavera Ln
Estancia West
$276,700 $157 3 bd / 2 ba 1,757 sqft , 2026-03-30
3709 Llano Estacado Ct
Goodnight Ranch Add Ph
$279,999 $136 4 bd / 2 ba 2,053 sqft , 2026-07-27

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
$1,334/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
$55,600
20% conventional investment loan

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

Estimated Gross Rent+$1,334
Principal + Interest−$1,517
Property Tax (~2.1% TX avg)−$486
Insurance (~0.5%)−$116
Est. Monthly Cash Flow $-785

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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