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Killeen vs Brownsville for Rental Property Investing

Side-by-side comparison of Killeen, TX and Brownsville, TX — cap rates, rent, prices, and investment metrics.

Brownsville wins 5–2 across key metrics
Brownsville leads on cash flow (4.44% vs 4.29% cap rate) · Killeen leads on population growth
Metric
Killeen, TX
Brownsville, TX
Est. Cap Rate
4.29%
4.44%
Median Home Price
$195,000
$155,000
Median Monthly Rent
$1,180
$950
1% Rule
0.61%
0.61%
GRM
13.8x
13.6x
Price / Income
4.0x
4.0x
Property Tax Rate
1.68%
1.64%
Vacancy Rate
6.8%
6.5%
Population Growth
1.2% / yr
0.8% / yr
Annual Appreciation
2.4%
2%
Population
160,200
189,000
Median Income
$48,600
$38,400

Killeen vs Brownsville: Which Is Better for Investors?

Cash flow: Brownsville has the edge with an estimated cap rate of 4.44% compared to Killeen's 4.29%. Neither city passes the 1% rule outright, so deal sourcing and value-add strategies become more important. Median home prices are $195,000 in Killeen vs $155,000 in Brownsville, while rents come in at $1,180/mo and $950/mo respectively.

Growth & appreciation: Killeen is growing faster at 1.2% annually vs Brownsville's 0.8%. Killeen leads on home value appreciation at 2.4% per year.

Costs & risk: Property taxes are 1.68% in Killeen vs 1.64% in Brownsville. Vacancy rates of 6.8% and 6.5% are mixed — Brownsville has the tighter rental market.

Bottom line: Brownsville edges out Killeen on most key metrics. While cap rates are moderate at 4.44%, Brownsville's overall profile is stronger. Use our free calculators to model specific deals in Killeen or Brownsville.

Killeen, TX
4.29% cap rate · $195,000 median · $1,180/mo
Full analysis →
Brownsville, TX
4.44% cap rate · $155,000 median · $950/mo
Full analysis →
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