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$204,000

NAL Estimated Property Value

1617 Covey Lane, Abilene, TX, 79605

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,383 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$75.92 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Range, Plumbed For Ice Maker, Refrigerator
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Lot Size6,900 sqft

Building Information

Year Built1983
Stories1
Roof Type105
Garage Spaces2

Land Information

APN57450011400
Lot Number21
SubdivisionQuail Park Sec 2
Land UseResidential
Legal DescriptionQUAIL PARK SEC 2, BLOCK D, LOT 21
Census Tract013401
Assessed Land Value$11,040
Assessed Improvement Value$136,650
Assessment Year2025

About this property

Attention Investors! Located minutes from Dyess AFB and convenient to shopping. This affordable 3 bedroom, 1.5 bathroom home also has an upstairs bonus room that can be second living, game room or 4th bedroom. Plus spacious living area with vaulted ceiling and fireplace, large bedrooms with walk in closets and the refrigerator stays. Large backyard is perfect for entertaining.

Investor Tools

Property Icon
$204,000
Estimated Property Value
$82,337Estimated Mortgage Balance
$121,663Estimated Equity
59% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,224 /month
Positive
Cash Flow Estimate:
$408 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$230/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,741
$147,690
2025
$11,040
$136,650
$147,690
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,741
$147,690

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Swbc Mortgage Corp
Conventional
$95,254
No
First
Jul 19, 2019
Aug 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$82,337
$121,663
59%
40%
$572/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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1617 Covey Lane | Property Details | No Agent List