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$692,000

NAL Estimated Property Value

10650 Fm 1082, Abilene, TX, 79601

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,612 Sq Ft
price_per_sqft$267.61 / sqft
Year BuiltBuilt in 1930

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Electric Oven, Gas Cooktop, Tankless Water Heater
FlooringWood, Vinyl

Exterior

Private PoolPrivate Pool
Lot Size7.32 acres

Building Information

Year Built1930
Garage Spaces2

Land Information

APN12764
Land UseResidential
Legal DescriptionA0187 64 A GREENWALL, TRACT 2, ACRES 7.32
Census Tract020101
Assessment Year2025

About this property

Welcome to 10650 FM 1082, a rare opportunity to own two beautiful homes on 8 acres just minutes from Lake Ft. Phantom. This unique property offers the perfect blend of rustic charm and modern conveniences, making it ideal for multi-generational living, a guest house, or even investment opportunities. The main home boasts over 2,600 sq. ft. with 3 bedrooms, 2 bathrooms, and multiple living spaces. Step inside to find a warm interior adorned with cedar and wood accents throughout. The spacious great room is perfect for gathering, while the open kitchen features a large island with concrete countertops, propane cooktop, and tankless water heater. A cozy office and front living room add flexibility, and the primary suite includes an elegant electric fireplace and attached bath. Upstairs are two bedrooms with abundant storage. Outdoors, enjoy the beautiful wraparound porch, koi pond with waterfall, and a massive 30x50 shop with dual overhead doors, RV hookup, and room for projects. The oversized garage, extended driveway, and additional slab offer plenty of parking and space for future expansion. The second home is 1,470 sq. ft. with 2 bedrooms and 2 bathrooms, showcasing a rustic motif with wood walls, wood-look flooring, and stained wood accents. The kitchen shines with its island topped with butcher block and propane cooktop. A full-length covered front porch welcomes you, while the backyard retreat includes a wood fence, artificial turf, above-ground saltwater pool, and 1-car garage. With its serene country setting, dual residences, and proximity to the lake, this property is truly one of a kind.

Investor Tools

Property Icon
$692,000
Estimated Property Value
$0Estimated Mortgage Balance
$692,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,194 /month
Positive
Cash Flow Estimate:
$1,398 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$480/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,300
N/A
2025
N/A
N/A
$332,240
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,300
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$692,000
100%
0%
$0/mo

City: Abilene