Foreclosures in Killeen Texas (near Fort Hood Army Base)

Killeen Texas is the city closest to Fort Hood Army Base in Central Texas. Other surrounding cities include Copperas Cove, Harker Heights, Nolanville and Kempner - all within a reasonable driving distance to the base - no more than 20 minutes at the most.

Currently our area has 40 foreclosures (as of May 4, 2010) that are active on the MLS and most are really great deals!

Click this link to see what is on the market today and let contact me for additional information. FORECLOSURES IN FORT HOOD AREA

Primarily this is a first time buyer market- which also makes it popular for investors looking to purchase to rent- or purchase to fix and flip. Texas Heritage Real Estate offers assistance with selling, buying and property management. At this time we have around 350 properties in our management portfolio and are always happy to talk with new owners about taking care of their property.

Since this is a military community - most buyers here will prequalify for a VA loan -which requires $0 down payment and offers a competitive interest rate while eliminating the requirement for PMI. These loan features make buying a home in the Killeen / Fort Hood area very attractive -even to a first time buyer with limited income. Its true in our area that buying will afford you more house than renting.

The average home price in Killeen hovers around the $120K mark - and inside the city limits of Killeen - using a VA loan with $0 down payment - a new buyer can expect a total mortgage payment (including escrow for taxes and insurance) of around $1050.00 per month. Not to mention that $120K in Killeen Texas will even afford a buyer a BRAND NEW CONSTRUCTION HOME around 1500 square feet! NO KIDDING!

Fort Hood is one of the largest United States military installations in the world, and is the home of III Corps, 1st Cavalry Division, 13th Sustainment Command, First Army Division West, 3rd Armored Cavalry Regiment, 41st Fires Brigade and many other corps and echelons above corps units. This huge base spans 339 square miles of real estate and houses over 30,000 troops and their families. Added to the populations of the surrounding cities - the area is reaching towards the 150K+ mark considering total population.

Needing real estate assistance for your purchase in the Killeen - Fort Hood area? Contact me at (254) 291-6826 or visit my website at www.PaulaSOLDit.comfor ALL area listings in the MLS. Homes for sale in the Killeen area will amaze you!