See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

495-499 McKinnon Dr, Kilgore, TX, 75662

1beds
1baths
1,611sqft
$185,000
$115price/sqft
$1,528/moest. monthly cost
$61,120/yrincome needed

About This Home

Turnkey Rental Opportunity in Kilgore! Discover this rare investment package featuring two income-producing homes on one property, located at 495–499 McKinnon in Kilgore, TX. Each home offers a 1-bedroom, 1-bath layout, making them ideal for long-term rentals, short-term leases, or even owner-occupant plus rental income scenarios. Both residences are well-maintained and designed for easy living, with private entrances, covered parking, and spacious outdoor areas. The fenced yard and large shade trees add privacy and comfort for tenants, while the durable metal roofs and updated finishes reduce ongoing maintenance. Perfectly situated near local employers, schools, and major roadways, these homes provide strong rental demand and consistent cash flow. Whether you’re a seasoned investor looking to expand your portfolio or a new buyer seeking steady income, this property is a smart move.

Getting Around

1
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

3/10
4/10
Kilgore Middle SchoolGrades 6-85.1 mi
3/10
Kilgore High SchoolGrades 9-124.2 mi

Construction

Condition

  • Year built: 1966

Materials

  • Foundation: Slab,Pillar/Post/Pier
  • Roof: Aluminum/Metal
  • Construction materials: Wood/Frame

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Elec Range/Oven,Electric Water Heater

Bathroom

  • Features: Shower and Tub

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Dining Room

  • Features: Breakfast Room

Features

  • Ceiling Fan(s),Ceiling Fans
  • Fireplace features: None

Heating & Cooling

  • Heating features: Central Electric
  • Cooling features: Central Electric

Interior Area

  • Total interior livable area: 1,611 sqft

Property

Details

  • Parcel number: 63940
  • Exclusions: tenant items

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Fencing: Partial
  • Living area range: 1000-1500

Lot

  • Lot size: 0.38 Acres
  • Lot size dimensions: 132x124

Parking

  • Total spaces: 2
  • Parking features: Carport,None
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Carport: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Ice Storm
    Ice StormVery High
  • Strong Wind
    Strong WindVery High
  • Tornado
    TornadoVery High
  • Cold Wave
    Cold WaveRelatively High
  • Hail
    HailRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Lightning
    LightningRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Ice Storm
Strong Wind
Tornado
Cold Wave
Hail
Heat Wave
Lightning
Winter Weather
Inland Flooding

FEMA Declared Disasters Across Texas Counties

Flood
Hurricane

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $935$11,220
Home Insurance *$177$2,124
Property Taxes $178$2,136
Electricity $238$2,859
Total$1,528$18,336
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$52,388/yr
40% on housing$45,840/yr
45% on housing$40,746/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.9%
7.9%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: 1.1%
1.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$115This listing

vs Other Active Listings

Avg $/sqft

ZIP 75662$125
Gregg County$138

vs Homes Sold Last Month

Median $/sqft

ZIP 75662$133
Gregg County$127

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-03-25Price change$190,000
2026-02-12Price change$195,000
2026-02-03Price change$199,000
2025-11-14Price change$215,000
2025-09-02Listed for sale$225,000

For Sale by Agent

AgentJanti Patel
BrokerageRamsey Realty Group

Similar Homes