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Updated about 5 years ago on . Most recent reply

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1
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Jintu Philip
  • Investor
  • TX
1
Votes |
6
Posts

Investing in Killeen, Texas

Jintu Philip
  • Investor
  • TX
Posted

Anyone from/ invests in Austin? Is Killeen, TX a good place to invest in?

I got a deal from there for a Class C property.

Median income is $37,000 per year.

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Ryan Kelly
  • Real Estate Broker
  • Austin, TX
1,268
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Ryan Kelly
  • Real Estate Broker
  • Austin, TX
Replied

@Jintu Philip If you don't know a lot about Killeen, I strongly recommend you take a trip there first to understand that market. Killeen is filled with C and D class rentals and is highly dependent on Fort Hood. Prices are cheap and so is the rent. It can be a solid cash flow market IF you pick the right property and property manager. There are some parts of Killeen I would never want to own a property. As @Andrew W. stated, contact a property management company first to get some basis on the area. 

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