Real Estate Investing in Killeen, Texas (76541)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Bell County • Population: 18,571 • Data updated: September 2026

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Should you buy in 76541 (Killeen, TX)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (60/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 For Investors
MIXED
3.0 / 5 (52/100)

A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.

⚠️ Risks to Know
3 flags
  • High vacancy: 18.5% of homes vacant — above national norms.
  • Higher unemployment: 8.0% unemployment — tenant risk signal.
  • Lower household income: $34,732 median — tenant affordability is tighter.

What’s happening in Killeen, TX (76541)?

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3.0/ 5

Investability

Overall investment appeal

2.0/ 5

Appreciation

Long-term value growth

4.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $122,962
Avg Monthly Rent $929
1% Rule ✗ Does Not Meet
Median Income $34,732
% Renters 76.0%

Market Analysis: 76541 Killeen

Investors eyeing 76541 need to respect the fundamentals at play. Home values of $123K come alongside slower price movement and elevated management overhead.

The investment case in 76541 is resilient only for operators who understand what they are buying. A $123K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.

Statewide comparisons place 76541 among TX's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.

The demographic picture in 76541 includes headwinds that any investor should price in. Income distribution skews lower than Killeen averages, and tenant stability requires active management.

New investors are better served looking at Killeen's stable or hybrid ZIPs before stepping into 76541. The learning curve here is expensive when the lesson is wrong.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Killeen:

B Good
Buy Confidence Score: 74/100
Affordability
20/25
Appreciation
18/25
Stability
11/20
Timing
10/15
Rental backup
15/15
Affordability
Moderate
Homes cost 3.5× the median income
Value Trend
Rising (+3.1%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $929/mo if you need to move
Market Conditions
COOL
More inventory, negotiating room for buyers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
❄️
COOL MARKET
Killeen-Temple, TX Metro Area
More inventory, negotiating room for buyers
86 days
Average time to sell
Slow
8.0%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Killeen-Temple, TX metro data
🏠

Property Strategy for 76541

Which property type performs best in this market?

Best for Cash Flow
2BR
8.7% cap rate
Best for Appreciation
1BR
+13.8% 5yr CAGR
Best Overall Value
4BR
$41,818/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
1BR $81,377 $910 8.1% +13.8% $81,377
2BR $93,049 $1,130 8.7% +9.5% $46,525
3BR $130,427 $1,570 8.7% +9.2% $43,476
4BR $167,274 $1,900 8.2% +7.8% $41,818

Market Trends

Home Value History (with trend line)

$138K$119K$100K$81K$62K$43KOct 2008Sep 2017Jul 2026

Rent History (with trend line)

$961$893$826$759$691$624Mar 2021Nov 2023Jul 2026

📊 How Does 76541 Compare?

Metric 76541 Killeen Killeen-Temple, TX Texas
Home Value $122,962 $196,057 N/A $297,000
5-Year CAGR 3.6% 3.8% N/A 5.4%
Avg Rent $929 $1,227 N/A -
Cap Rate 5.9% 5.0% - -
💡 Why Invest in 76541? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

76% of households rent in this area, creating consistent tenant demand for landlords.

📊 See where this ZIP ranks in our Best-of lists →
A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 76541 (Killeen, TX). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
5.9%
Fair
5yr Growth
+3.6%
Moderate

📊 Market Snapshot

Home Value $122,962
Monthly Rent $929
Price-to-Rent 11.0:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 9.1%
Cap Rate 5.9%
5-Year IRR 9.5%

📈 Home Appreciation

1-Year +3.1% ▲
3-Year CAGR -2.2% ▼
5-Year CAGR +3.6% ▲
10-Year CAGR +8.7% ▲

🏠 Rent Trends

1-Year +0.1% ▲
3-Year CAGR +3.2% ▲
5-Year CAGR +4.8% ▲
Negative Leverage — IRR / Tax Play Cap Rate: 5.9%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (5.9%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.

Run an IRR Analysis →

⚠️ Risk Signals

Composite view of factors that can impact a ZIP's stability and your downside risk.

Vacancy
18.5%
Elevated risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+3.6%
Stable
Eviction process: Fast Rent control: Favorable

Demographics in 76541

Population: 18,571

💰 Median Household Income
$34,732
This area
$34,732
State
$70,593
USA
$74,580
🏠 Renter Occupied
76.0%
This area
76.0%
State
29.5%
USA
34.0%
💼 Unemployment Rate
8.0%
This area
8.0%
State
-25.4%
USA
3.7%
🎓 College Educated
10.2%
This area
10.2%
State
-5.8%
USA
33.7%
👤 Median Age
32.1 years
This area
32.1 years
State
-3.7 years
USA
38.9 years
🏚️ Vacancy Rate
18.5%
This area
18.5%
State
18.3%
USA
10.5%
👥 Population by Ethnicity
White 42.7%
Black/African American 30.6%
Other/Mixed 23.9%
Hispanic/Latino 17.7%
Asian 2.7%
👶 Under 18
22.5%
This area
22.5%
USA
22.0%
👴 65 and Over
12.6%
This area
12.6%
USA
17.3%
📊 Poverty Rate
19.6%
This area
19.6%
USA
11.5%

Crime & Safety

🚧

Crime & Safety Data Coming Soon

We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.

Expected: Q1 2025

🎓 Schools in 76541

C+ Avg School Grade
4 Schools
16.3:1 Avg Class Size
$12,177 Avg Per Pupil

Schools in This ZIP Code

B Good

KILLEEN EL

📚 Pre-K – 05 Elementary
👥
1,088 Students
👨‍🏫
14.1:1 Class Size
💰
$13,583 Per Student
B Good

CLIFTON PARK EL

📚 Pre-K – 05 Elementary
👥
990 Students
👨‍🏫
15.2:1 Class Size
💰
$13,583 Per Student
C+ Average

PRIORITY CHARTER SCHOOLS - KILLEEN

📚 K – 04 Elementary Charter
👥
19 Students
👨‍🏫
5.0:1 Class Size
💰
$10,858 Per Student
D Needs Improvement

RICHARD MILBURN ALTER H S (KILLEEN)

📚 09 – 12 High School Charter
👥
122 Students
👨‍🏫
31.0:1 Class Size
💰
$10,683 Per Student
About Repit School Scores

Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.

We evaluate schools based on factors that research shows actually impact educational outcomes:

  • Class Size — Smaller classes mean more individual attention
  • School Funding — Resources available for programs, staff, and facilities
  • Community Factors — Neighborhood characteristics that influence student success
  • School Environment — Size, type, and structure

Scores are updated annually using federal education data.

🎓 Nearby Colleges & Universities

3 Nearby 3,931 Off-Campus Students
C
Yahweh Beauty Academy
42 students · 1.7 mi
C
Central Texas College
8,192 students · 4.8 mi
C+
Texas A&M University-Central Texas
2,255 students · 5.0 mi

Investor Insight: With 3,931 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

Which investment style suits Killeen, TX?

Investors usually favor careful cash-flow rentals with hands-on management in Killeen, TX. With home values at $123K and rents near $929/mo, other strategies can work but produce stable rather than outsized returns.

What are vacancy rates like in Killeen, TX?

Vacancy in Killeen, TX is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $929/mo.

How qualified is the tenant pool in Killeen, TX?

The tenant pool in Killeen, TX is solid, supported by local employment and population fundamentals. Rents of $929/mo are well-absorbed by the market.

Is TX a landlord-friendly state?

The landlord environment in Killeen, TX is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.

How strong are rents in Killeen, TX?

The typical rental in Killeen, TX commands about $929/mo monthly. That rent profile measured cash flow against the $123K purchase basis.

You know 76541 now. You don’t know where it ranks.

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How 76541 ranks in Killeen-Temple, TX

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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