Active Listing  ·  118 days on market

8403 Grayson Trl

Killeen, TX 76542
$499,900
4 Bed 4 Bath 2,755 sqft $181/sqft Built 2020 0.19 acres 2-Car Garage Pool Heritage Oaks Ph Two

If you're looking for a move-in ready home in Killeen with space that actually works in real life, this one delivers.

Built in 2020, this 4-bedroom, 3.5-bath home with over 2,700 square feet offers the layout buyers are actively searching for right now—open concept living, a designated office, and room to spread out without wasted space.

The main living area flows seamlessly into a modern kitchen with granite countertops, stainless appliances, and a brand new dishwasher, making everyday living and entertaining easy. You’ll also find two dining areas—formal and casual—giving you flexibility for everyday meals, hosting, or holidays without crowding the kitchen.

The primary suite is oversized and privately positioned, with the kind of space buyers expect in this price range—plus room for a true retreat setup. Upstairs, you’ll find spacious secondary bedrooms along with flex space ideal for a game room, media room, or additional living area—one of the most searched features right now.

One of the standout advantages? Solar panels that will be paid off at closing, offering long-term energy savings without the added monthly cost—something more buyers are prioritizing in today’s market.

With multiple living areas, a dedicated office, abundant storage, and a layout that adapts to changing needs, this home works whether you're hosting, working from home, or just needing separation between spaces.

Located in the 76542 area of Killeen with convenient access to Fort Cavazos, schools, and daily essentials, this is the kind of home buyers have been waiting for—but haven’t been finding in this price point.

If you’ve been searching for a newer home with space, function, and efficiency, this one is worth a closer look.

At $181/sqft, this home is priced 5% above the Killeen active market average of $172/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

8403 Grayson Trl, Killeen, TX 76542

Property Details

Price $499,900
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 2,755 sqft
Lot Size 0.19 acres (8,319.96 sqft)
Year Built 2020
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Heritage Oaks Ph Two
County Bell
Zip Code 76542
$/sqft $181/sqft
Days on Market ,
HOA $50/Monthly
Annual Tax Est. $9,425.78
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT224946982
List Date April 8, 2026
Elementary School Maude Moore Wood
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
3703 Dodge City Dr
Goodnight Ranch Add Ph
$492,700 $218 4 bd / 3 ba 2,263 sqft , 2025-11-21
9000 Grand Oaks Ln
Heritage Oaks Ph One Rep
$480,000 $186 5 bd / 3 ba 2,577 sqft , 2026-03-24
408 Briarcroft Ln
Tanglewood Estates Iv
$519,900 $215 3 bd / 3 ba 2,420 sqft , 2026-06-19
7711 Silicon Dr
Heritage Oaks Ph 5 & 6
$468,900 $192 4 bd / 3 ba 2,443 sqft , 2026-07-31
8302 Ginny Ln
Heritage Oaks Ph One
$449,000 $205 4 bd / 3 ba 2,186 sqft , 2026-05-01

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
$2,400/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
$99,980
20% conventional investment loan

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

Estimated Gross Rent+$2,400
Principal + Interest−$2,728
Property Tax (~2.1% TX avg)−$875
Insurance (~0.5%)−$208
Est. Monthly Cash Flow $-1,411

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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