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$418,000

101 Ridgecrest Dr, Abilene, TX, 79602

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,585 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$258.61 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Range, Electric Water Heater, Microwave, Wine Cooler
FlooringCeramic Tile

Exterior

Exterior FeaturesRV Hookup
Lot Size4.23 acres

Building Information

Year Built1974
Stories1
Roof Type105
Garage Spaces6

Land Information

APNA1026000700
SubdivisionSur 30 L A L Ne/4
Land UseResidential
Legal DescriptionA1026 SUR 30 L A L NE/4, ACRES 4.23
Census Tract013404
Assessed Land Value$77,761
Assessed Improvement Value$252,878
Assessment Year2025

About this property

Beautifully updated horse property located in Wylie ISD, just minutes from Abilene. This 3 bedroom, 2 bath, 2 car garage home sits on just under 5 acres and was completely updated in 2022. The exterior and interior have been freshly painted prior to listing. Outside you will find that it is well-equipped for your horses, featuring a 3 stall barn and 3 separate runs, a tack room, a large arena with a roping chute, 2 loafing sheds, with pipe fencing along 2 sides of the property. Additional improvements include a 2 car carport, an RV carport, and a 1200 square foot covered patio outback to enjoy the quiet evenings just relaxing. A newly added second septic system, water meter, and separate electric hookup provides and excellent opportunity for adding a second home or guest house. Kitchen appliances, hot water heater, and HVAC system were replaced in last couple of years. This turn-key horse property offers the perfect blend of country living and convenience, with plenty of space for animals, equipment, and lots of entertaining. OWNER-AGENT!!

Investor Tools

Property Icon
$418,000
Estimated Property Value
$193,118Estimated Mortgage Balance
$223,894Estimated Equity
54% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,508 /month
Positive
Cash Flow Estimate:
$836 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$477/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,632
$308,595
2025
$77,761
$252,878
$330,639
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,632
$308,595

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Freedom Mortgage Corp
Fha
$193,118
Yes
First
Aug 10, 2016
Sep 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$194,106
$223,894
53%
46%
$1,425/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Abilene

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101 Ridgecrest Dr | Property Details | No Agent List