2407 Lago Trail Killeen, TX 76543
Estimated payment $1,299/month
Total Views
180
3
Beds
2
Baths
1,173
Sq Ft
$158
Price per Sq Ft
Highlights
- Traditional Architecture
- No HOA
- 1 Car Attached Garage
- Wood Flooring
- Sport Court
- Central Air
About This Home
In today’s buyers’ market, this property delivers. With updated systems, appliances included, and tenant-ready condition, it’s a straightforward play for investors seeking reliable returns without long timelines.
This brick home offers durability, low upkeep, and immediate rental potential. Local comps support ARV strength, while market rents align with solid hold economics. With new systems already in place, investors avoid heavy rehab and step directly into income and appreciation.
Key Highlights
• Tenant-ready brick home with updated systems + appliances
• Central location near airport, schools, downtown, and retail
• Strong demand drivers from families, military, and workforce tenants
Investment Outlook
This is a turnkey investment: equity, income, and security built in. Buyers market conditions give investors the leverage to step into a below-ARV acquisition with immediate rental performance. A complete Property Playbook is available, including comps, rental analysis, and exit strategies for investors ready to move.
Listing Agent
Joseph Walter Realty, Llc Brokerage Phone: (888) 227-1009 License #0303307 Listed on: 08/21/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,487
Year Built
- Built in 1983
Lot Details
- 8,516 Sq Ft Lot
- Paved or Partially Paved Lot
Parking
- 1 Car Attached Garage
Home Design
- Traditional Architecture
- Slab Foundation
Interior Spaces
- 1,173 Sq Ft Home
- Property has 1 Level
- Ceiling Fan
- Living Room with Fireplace
Kitchen
- Electric Range
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Location
- City Lot
Utilities
- Central Air
- Heating Available
- Electric Water Heater
Listing and Financial Details
- Legal Lot and Block 19 / 1
- Assessor Parcel Number 128171
Community Details
Overview
- No Home Owners Association
- Blackwell Acres 2Nd Rep Subdivision
Recreation
- Sport Court
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,364 | $175,038 | $27,000 | $148,038 |
| 2024 | $3,364 | $168,888 | $27,000 | $141,888 |
| 2023 | $3,156 | $166,719 | $20,000 | $146,719 |
| 2022 | $2,954 | $140,385 | $20,000 | $120,385 |
| 2021 | $2,541 | $105,757 | $20,000 | $85,757 |
| 2020 | $2,078 | $83,663 | $16,000 | $67,663 |
| 2019 | $1,972 | $74,900 | $8,520 | $66,380 |
| 2018 | $1,736 | $70,724 | $8,520 | $62,204 |
| 2017 | $1,949 | $78,999 | $8,520 | $70,479 |
| 2016 | $1,874 | $75,939 | $8,520 | $67,419 |
| 2014 | $1,656 | $67,074 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/21/2025 08/21/25 | For Sale | $185,000 | 0.0% | $158 / Sq Ft |
| 06/04/2024 06/04/24 | Rented | $1,300 | 0.0% | -- |
| 05/09/2024 05/09/24 | Under Contract | -- | -- | -- |
| 04/02/2024 04/02/24 | For Rent | $1,300 | +8.3% | -- |
| 11/15/2022 11/15/22 | Rented | $1,200 | 0.0% | -- |
| 10/13/2022 10/13/22 | Under Contract | -- | -- | -- |
| 10/05/2022 10/05/22 | Price Changed | $1,200 | -4.0% | $1 / Sq Ft |
| 08/29/2022 08/29/22 | Price Changed | $1,250 | -7.4% | $1 / Sq Ft |
| 07/06/2022 07/06/22 | Price Changed | $1,350 | -8.5% | $1 / Sq Ft |
| 06/09/2022 06/09/22 | For Rent | $1,475 | +22.9% | -- |
| 03/22/2021 03/22/21 | Rented | $1,200 | 0.0% | -- |
| 02/20/2021 02/20/21 | Under Contract | -- | -- | -- |
| 02/12/2021 02/12/21 | For Rent | $1,200 | -- | -- |
Source: Central Texas MLS (CTXMLS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Vendors Lien | -- | First Community Title Llc | |
| Vendors Lien | -- | American Abstract & Title Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $74,118 | New Conventional | |
| Closed | $72,880 | Commercial | |
| Previous Owner | $88,089 | VA | |
| Previous Owner | $87,849 | VA |
Source: Public Records
Similar Homes in Killeen, TX
Source: Central Texas MLS (CTXMLS)
MLS Number: 590442
APN: 128171
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Listing and property data is from an Internet Data Exchange (IDX) provided by the Central Texas MLS.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
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