Side-by-side comparison of Round Rock, TX and Killeen, TX — cap rates, rent, prices, and investment metrics.
Cash flow: Killeen has the edge with an estimated cap rate of 4.29% compared to Round Rock's 2.56%. Neither city passes the 1% rule outright, so deal sourcing and value-add strategies become more important. Median home prices are $385,000 in Round Rock vs $195,000 in Killeen, while rents come in at $1,720/mo and $1,180/mo respectively.
Growth & appreciation: Round Rock is growing faster at 3.1% annually vs Killeen's 1.2%. Round Rock leads on home value appreciation at 3% per year. Strong population growth typically translates to sustained rental demand and long-term price support.
Costs & risk: Property taxes are 1.74% in Round Rock vs 1.68% in Killeen. Vacancy rates of 4.8% and 6.8% are mixed — Round Rock has the tighter rental market.
Bottom line: Killeen edges out Round Rock on most key metrics. While cap rates are moderate at 4.29%, Killeen's overall profile is stronger. Use our free calculators to model specific deals in Round Rock or Killeen.