Killeen Homes under $500,000

Killeen Homes under $500,000

Welcome to Killeen, Texas – a vibrant city that perfectly blends small-town charm with big-city amenities. Nestled in Bell County, Killeen is a dynamic community that thrives on diversity, making it a wonderful place to call home. With a rich history and a strong military presence, thanks to the nearby Fort Hood, Killeen is a city that offers a unique lifestyle filled with opportunities for growth and connection.

For those looking to invest in their future, Killeen boasts an impressive array of homes priced under $500,000. Whether you’re a first-time buyer, a growing family, or looking to downsize, the housing market here offers a variety of options to suit every need. From cozy single-family homes with spacious yards to modern townhouses with contemporary finishes, there’s something for everyone.

Killeen’s real estate market is not only affordable but also offers great potential for appreciation, making it an attractive option for savvy investors. The community is well-equipped with excellent schools, parks, and recreational facilities, ensuring that residents enjoy a high quality of life.

In addition to its affordable housing, Killeen is known for its friendly atmosphere and community events that bring neighbors together. Enjoy local dining, shopping, and entertainment options that make every day feel like a celebration.

Discover the charm of Killeen, where your dream home awaits at a price that won’t break the bank. Explore this thriving city and find out why so many are proud to call Killeen home!

Newest Killeen Homes under $500,000

3402 Rainforest Lane, Killeen
$199,500
3 Beds ⋅ 2 Baths ⋅ 627533 MLS
Welcome home to this beautifully updated 3-bedroom, 2-bathroom gem that perfectly blends comfort, charm, and modern touches! Step inside to discover ceramic tile flooring throughout, fresh interior paint, and an inviting living area featuring a cozy wood-burning fireplace, perfect for relaxing evenings at home. The spacious kitchen is sure to impress, featuring gorgeous new granite countertops, a stylish subway tile backsplash, stainless steel appliances, plenty of counter space for meal preparation, and a convenient pantry for additional storage. An indoor laundry room adds to the home's everyday functionality. The primary bedroom features a walk-in closet and an en-suite bathroom complete with a single vanity and shower-tub combination. The secondary bathroom also offers a single vanity and shower-tub combination. Enjoy peace of mind with major updates, including a **new HVAC system installed in 2025, architectural shingle roof replaced in 2024, and fresh exterior paint completed in 2024**. Step outside and fall in love with the huge backyard, complete with mature trees and endless possibilities for outdoor entertaining, gardening, pets, or simply enjoying your own private retreat. The covered patio provides a wonderful space for weekend barbecues and gatherings, while the covered front porch adds a welcoming touch. Complete with a two-car garage and thoughtful updates throughout, this home offers the perfect combination of indoor comfort and outdoor living. Don't miss your opportunity to make this beautiful property your own!

3402 Rainforest Lane, Killeen

Listing courtesy of Two Lakes Real Estate. Contact: 254-316-9606

8302 Ginny Ln, Killeen
$415,000
4 Beds ⋅ 3 Baths ⋅ 6971187 MLS
Welcome home to this beautifully designed Carothers home, where comfort, space, and functionality come together! Offering 4 bedrooms, 2.5 bathrooms, a dedicated office, and a formal dining room, this home has room for everything life brings. Step inside to an inviting open-concept layout featuring a spacious living room with a stunning stone-surround wood-burning fireplace, perfect for cozy evenings at home. The kitchen is the heart of the home, complete with stainless steel appliances, a double oven, a center island, walk-in pantry, and breakfast nook overlooking the living area, making everyday living and entertaining effortless. Retreat to the spacious primary suite featuring a relaxing soaking tub, separate shower, dual vanities, and walk-in closet. The generously sized secondary bedrooms offer plenty of room for comfort, creativity, and flexibility. Step outside to your own backyard retreat, featuring a covered patio, outdoor kitchen area, and privacy fencing, creating the perfect setting for weekend cookouts, entertaining guests, or simply relaxing after a long day. As an added bonus, solar panels convey with the home, offering the potential for reduced energy costs! With its thoughtful layout, spacious bedrooms, versatile living areas, and inviting outdoor space, this home checks all the boxes. Schedule your private showing and come see what makes this house feel like home!

8302 Ginny Ln, Killeen

Listing courtesy of Orchard Brokerage. Contact: (254) 338-5844

8302 Ginny Lane, Killeen
$415,000
4 Beds ⋅ 3 Baths ⋅ 627193 MLS
Welcome home to this beautifully designed Carothers home, where comfort, space, and functionality come together! Offering 4 bedrooms, 2.5 bathrooms, a dedicated office, and a formal dining room, this home has room for everything life brings. Step inside to an inviting open-concept layout featuring a spacious living room with a stunning stone-surround wood-burning fireplace, perfect for cozy evenings at home. The kitchen is the heart of the home, complete with stainless steel appliances, a double oven, a center island, walk-in pantry, and breakfast nook overlooking the living area, making everyday living and entertaining effortless. Retreat to the spacious primary suite featuring a relaxing soaking tub, separate shower, dual vanities, and walk-in closet. The generously sized secondary bedrooms offer plenty of room for comfort, creativity, and flexibility. Step outside to your own backyard retreat, featuring a covered patio, outdoor kitchen area, and privacy fencing, creating the perfect setting for weekend cookouts, entertaining guests, or simply relaxing after a long day. As an added bonus, solar panels convey with the home, offering the potential for reduced energy costs! With its thoughtful layout, spacious bedrooms, versatile living areas, and inviting outdoor space, this home checks all the boxes. Schedule your private showing and come see what makes this house feel like home!

8302 Ginny Lane, Killeen

Listing courtesy of Orchard Brokerage, LLC.. Contact: 254-338-5844

1105 Eastside Drive, Killeen
$325,000
626743 MLS
Income-Producing Fourplex with Owner-Occupancy Opportunity in Killeen! Looking for an investment property with rental income already in place? This fourplex at 1105 East Side Drive offers an excellent opportunity for investors and buyers interested in living in one unit while generating income from the other three. Featuring approximately 4,216 square feet across four units on a .28-acre lot, this property currently has three occupied units and one available unit, making it an attractive option for an owner-occupant or an investor looking to expand their rental portfolio. With three tenants already in place, a new owner can benefit from existing rental income while having the flexibility to occupy the available unit or lease it for additional income. Conveniently located near Fort Hood, major roadways, shopping, dining, and employment opportunities throughout Killeen, the property offers accessibility for residents and prospective tenants. Fourplex properties are limited in the Killeen market, and 1105 East Side Drive offers the opportunity to own four rental units under one property. Whether you’re looking to expand your investment portfolio or offset your housing expenses with rental income, this property offers flexibility and income-producing potential. Please do not disturb tenants. Showings during the option period. Buyer to independently verify all property information, rents, lease terms, expenses, measurements, occupancy, and condition. (Unit B is vacant)

1105 Eastside Drive, Killeen

Listing courtesy of Century 21 Premier Realtors. Contact: (254) 547-9991

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