Real Estate Investing in Killeen, Texas (76549)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 76549 (Killeen, TX)? Our answer, based on the numbers below.
Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- Elevated vacancy: 8.3% vacancy may signal weakening demand.
What’s happening in Killeen, TX (76549)?
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Market Analysis: 76549 Killeen
On balance, ZIP 76549 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $228K median. It rewards specialists, not generalists.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $228K asset, 76549 is the wrong submarket. If the plan prices in friction, the yield can still work.
The gap between 76549 and stronger Killeen ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Employment concentration in 76549 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
Distressed ZIPs reward experience. notable returns are possible in 76549, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Killeen:
Property Strategy for 76549
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $156,809 | $1,350 | 6.2% | +11.7% | $78,405 |
| 3BR | $207,012 | $1,870 | 6.5% | +8.0% | $69,004 |
| 4BR | $240,248 | $2,260 | 6.8% | +7.4% | $60,062 |
| 5BR | $300,558 | — | — | +5.9% | $60,112 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 76549 Compare?
| Metric | 76549 | Killeen | Killeen-Temple, TX | Texas |
|---|---|---|---|---|
| Home Value | $227,905 | $196,057 | N/A | $297,000 |
| 5-Year CAGR | 4.0% | 3.8% | N/A | 5.4% |
| Avg Rent | $1,341 | $1,227 | N/A | - |
| Cap Rate | 4.6% | 5.0% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 76549 (Killeen, TX). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $227,905 |
| Monthly Rent | $1,341 |
| Price-to-Rent | 14.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.1% |
| Cap Rate | 4.6% |
| 5-Year IRR | 8.6% |
📈 Home Appreciation
| 1-Year | +0.2% ▲ |
| 3-Year CAGR | -1.2% ▼ |
| 5-Year CAGR | +4.0% ▲ |
| 10-Year CAGR | +5.8% ▲ |
🏠 Rent Trends
| 1-Year | -0.6% ▼ |
| 3-Year CAGR | +0.3% ▲ |
| 5-Year CAGR | +2.6% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.6%). 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.
Demographics in 76549
Population: 56,083
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 76549
Schools in This ZIP Code
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
Investor Insight: With 3,931 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Are homes affordable in Killeen, TX?
Killeen, TX median home values land near $228K. That is reasonable territory for investors looking at $1,341/mo-per-month rentals.
How deep is the rental pool in Killeen, TX?
Expect a solid tenant pool in Killeen, TX. The rental market absorbs $1,341/mo rents without meaningful friction.
How tight is the rental market in Killeen, TX?
Killeen, TX carries elevated vacancy risk. Expect reliable absorption at market rents of $1,341/mo.
Can I live-in-and-rent in Killeen, TX?
The house hack math a challenging in Killeen, TX. Owner-occupant buyers benefit from the $1,341/mo rents and $228K home values.
Is Killeen, TX a friendly market for rental owners?
For rental operators, Killeen, TX rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.
You know 76549 now. You don’t know where it ranks.
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How 76549 ranks in Killeen-Temple, TX
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