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$381,000

NAL Estimated Property Value

109 newhouse Drive, Abilene, TX, 79606

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,000 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$148 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker
FlooringCarpet

Exterior

Lot Size25,613 sqft

Building Information

Year Built2019
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR8025001500
Lot Number2
SubdivisionNewhouse Farms Sec 1
Land UseResidential
Legal DescriptionNEWHOUSE FARMS SEC 1, BLOCK B, LOT 2, ACRES .588
Census Tract013402
Assessed Land Value$34,000
Assessed Improvement Value$344,942
Assessment Year2025

About this property

Fall in love with this beautiful new home by Lawson Homes located in Newhouse Farms. Outside city limits yet just minutes from town, this lovely home sits on a half acre with a country feel and gorgeous sunsets. Features include open concept with split bedrooms. Wood-look tile flooring, crown molding and shiplap accents throughout main areas. Kitchen includes granite countertops and white custom cabinets. The 4th bedroom features wood sliding barn doors and could be used as an office. Master bath has double sink vanity, garden tub, separate walk in shower and large walk in closet. The oversized covered back porch perfect for entertaintaining. Energy efficient. Wylie Schools. Near completion!

Investor Tools

Property Icon
$381,000
Estimated Property Value
$242,590Estimated Mortgage Balance
$138,410Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,286 /month
Positive
Cash Flow Estimate:
$762 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$698/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,471
$378,942
2025
$34,000
$344,942
$378,942
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,471
$378,942

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Freedom Mortgage Corp
Fha
$263,671
Yes
First
Feb 17, 2022
Mar 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$242,590
$138,410
36%
64%
$1,581/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,460/mo
$1,581/mo
$-121/mo
4.6%

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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109 newhouse Drive | Property Details | No Agent List