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$451,000

13046 Rainey Ridge Lane, Abilene, TX, 79602

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,996 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$210.42 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2
AppliancesWater Purifier, Disposal, Electric Range, Microwave, Plumbed For Ice Maker
FlooringCeramic Tile, Laminate

Exterior

Exterior FeaturesFire Pit
Lot Size1.00 acres

Building Information

Year Built2007
Garage Spaces2

Land Information

APNR000015938
Lot Number3,6
Land UseResidential
Legal DescriptionACRES: 1.001 LOT: 1 BLK: D SUBD: RAINEY CREEK ACRES REPLAT LT S 4 & 5 AND A PORTION OF LTS 3 & 6 OF RAINEY CREEK RANCH
Census Tract030102
Assessed Land Value$37,690
Assessed Improvement Value$353,420
Assessment Year2025

About this property

Beautifully renovated home, sitting on 1.001 acre, in quiet sub-division with beautiful views! Renovations include new flooring throughout and both showers have been re-tiled. Updated, white kitchen cabinets and new granite countertops and backsplash. Spacious master bedroom has en-suite bath with new shower. Living area fireplace is brick with shiplap installed above the fireplace. Inside has been newly painted. Covered patio with large wooden deck in backyard, including a fire pit in the yard. Deck has nice fencing with unobstructed views. There is also an adjoining side-yard for additional storage or would be a great place for pets. Buyer and agent to verify schools and home square footage.

Investor Tools

Property Icon
$451,000
Estimated Property Value
$0Estimated Mortgage Balance
$112,118Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,706 /month
Positive
Cash Flow Estimate:
$902 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$284/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,148
$391,110
2025
$37,690
$353,420
$391,110
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,148
$391,110

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Conventional
$367,650
No
First
Mar 7, 2022
Apr 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$338,882
$112,118
24%
75%
$2,205/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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13046 Rainey Ridge Lane | Property Details | No Agent List