Side-by-side comparison of Killeen, TX and Denton, TX — cap rates, rent, prices, and investment metrics.
Cash flow: Killeen has the edge with an estimated cap rate of 4.29% compared to Denton's 2.76%. 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 $325,000 in Denton, while rents come in at $1,180/mo and $1,520/mo respectively.
Growth & appreciation: Denton is growing faster at 2.8% annually vs Killeen's 1.2%. Denton leads on home value appreciation at 3.1% per year. Strong population growth typically translates to sustained rental demand and long-term price support.
Costs & risk: Property taxes are 1.68% in Killeen vs 1.76% in Denton. Vacancy rates of 6.8% and 5.2% are mixed — Denton has the tighter rental market.
Bottom line: Killeen edges out Denton 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 Killeen or Denton.