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$355,000

188 Encino Loma, Killeen, TX, 76542

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,509 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$235.26 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

BankruptcyAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1.75Bathrooms Full 1.75
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Range, Some Gas Appliances, Range
FlooringTile

Exterior

Exterior FeaturesPatio, Storage
Lot Size1.65 acres

Building Information

Year Built1978
Stories1
Roof Type105
Garage Spaces2

Land Information

APN102662
Lot Number6
SubdivisionEncino Loma
Land UseResidential
Legal DescriptionENCINO LOMA, LOT 0006, ACRES 1.65
Census Tract023301
Assessed Land Value$85,388
Assessed Improvement Value$187,836
Assessment Year2026

About this property

Stretch out on 1.65 acres with mature shade trees, no HOA, and a home that’s just as inviting inside as its setting outside. This 3-bedroom, 2-bath stone home combines an open gathering space with a split-bedroom layout for added privacy. A vaulted ceiling, wood-look tile flooring, and a striking stone fireplace welcome you into the living room, where glass doors lead to the backyard. The kitchen keeps everyone connected with a large island offering breakfast-bar seating, a farmhouse sink, pendant lighting, and generous prep space. Shaker-style cabinetry, a tile backsplash, stainless steel appliances, and a gas range complete the space, with an adjoining dining area ready for everyday meals or weekend gatherings. The primary suite sits apart from the secondary bedrooms and includes a walk-in closet and a bath designed for unwinding. Enjoy a clawfoot soaking tub and a separate glass-enclosed shower featuring a rainfall showerhead, handheld sprayer, and body sprays. A dedicated laundry room with a sink and cabinetry adds practical storage, while the attached garage offers additional convenience. Outdoors, mature trees and an expansive yard create an inviting setting for gardening, outdoor meals, and afternoons in the shade. The surrounding Encino Loma area connects to Highway 195 for travel toward Killeen’s shopping and dining or south toward Georgetown. Come walk the property and experience the space, character, and comfort for yourself.

Investor Tools

$174,298Estimated Mortgage Balance
$176,702Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,130 /month
Positive
Cash Flow Estimate:
$710 /month

Interested in this property?

John Duke

Duke Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$340/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,330
$273,224
2026
$85,388
$187,836
$273,224
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,330
$273,224

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Randolph Brooks Fcu
Conventional
$195,000
No
First
Apr 6, 2021
May 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$174,298
$176,702
50%
50%
$1,170/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,710/mo
$1,170/mo
+$540/mo
5.8%

City: Killeen