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$598,000

NAL Estimated Property Value

1488 Key Lane, Abilene, TX, 79602

$714,505 ARVInfo
Off MarketInfo
Beds5 Beds
Baths7 Bath
Baths5,465 Sq Ft
price_per_sqft$173.83 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms 7Bathrooms 7
AppliancesDishwasher, Disposal, Double Oven, Electric Cooktop, Electric Oven, Microwave, Plumbed For Ice Maker, Warming Drawer, Electric Water Heater
FlooringCeramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesDog Run, Rain Gutters, Storage
Lot Size7.34 acres

Building Information

Garage Spaces3

Land Information

APNR0900004600 01
Lot Number9
SubdivisionCoronado East
Land UseRes Imps & Rural Land Not Qual For Ag Appr
Legal DescriptionCORONADO EAST, BLOCK B, LOT 9, ACRES 7.34, UNDIVIDED INTEREST 50.0000000000%
Census Tract013502
Assessed Land Value$33,986
Assessed Improvement Value$391,014
Assessment Year2025

About this property

Wylie East property, spectacular view on 7 plus acres! Custom home, circular drive. Guest quarters, RV storage, in ground diving pool plus covered pavilion, storage building. Grand property boasts upstairs media, half bath, game room with bar, bedroom with ensuite bath. An open foyer welcomes with adjoining formal dining & living area. Master suite with fireplace, walk in shower & closet, jetted tub, dual sinks. Beautiful den with fireplace adjacent to large kitchen with breakfast bar. Three bedrooms with ensuite baths. Large laundry with built in desk, sink, room for freezer. Study with built in cabinets. Three car oversize garage.

Investor Tools

Property Icon
$598,000
Estimated Property Value
$322,017Estimated Mortgage Balance
$275,983Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$714,505
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,700 /month
Positive
Cash Flow Estimate:
$1,900 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$745/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,948
$425,000
2025
$33,986
$391,014
$425,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,948
$425,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$350,000
No
First
Feb 15, 2022
Mar 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$322,017
$275,983
46%
54%
$2,099/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.

Explore Texas Explore This Area
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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1488 Key Lane | Property Details | No Agent List