The structural, electronic, magnetic, and photocatalytic properties of the vacancy-ordered double perovskites K₂MCl₆ (M = Re, W, Ru, Os) were systematically investigated using first-principles calculations within the WC-GGA, TB-mBJ approaches. The optimized lattice constants show excellent agreement with experimental data, with deviations below 0.5%, confirming the high accuracy of the structural description. Energy–volume analyses for NM, FM, and AFM configurations demonstrate that the ferromagnetic phase is the ground state for all compounds, driven by spin polarization of the B-site d electrons. The calculated magnetic moments further support the robust FM ordering. Electronic band structures and DOS reveal mixed behavior: K₂ReCl₆ exhibits a semiconducting character, whereas K₂WCl₆, K₂RuCl₆, and K₂OsCl₆ display half-metallicity, with metallic states in one spin channel and a finite gap in the opposite one. The TB-mBJ band gaps enhance the reliability of the electronic description. Thermodynamic stability is confirmed through negative formation energies and positive cohesive energies. Band-edge positions evaluated through qualitative electronegativity trends and quantitative spin-polarized electronic calculations indicate favorable alignment for photocatalytic reactions, suggesting potential for water splitting and CO₂ reduction. The combined structural, magnetic, and electronic stability highlights K₂MCl₆ compounds as promising candidates for photocatalysis and spintronic applications.