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$255,000

1627 Meadowbrook Dr, Abilene, TX, 79603

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,028 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$125.74 / sqft
Year BuiltBuilt in 1962

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave
FlooringCarpet, Ceramic Tile, Wood

Exterior

Lot Size11,522 sqft

Building Information

Year Built1962
Stories1
Roof Type105
Garage Spaces2

Land Information

APN58200009900
Lot Number17
SubdivisionRichland Acres
Land UseResidential
Legal DescriptionRICHLAND ACRES, BLOCK D, LOT 17
Census Tract010600
Assessed Land Value$21,888
Assessed Improvement Value$221,924
Assessment Year2025

About this property

Step into a beautifully maintained 3-bedroom, 2-bathroom home that perfectly marries comfort and style in the heart of Abilene, TX. This delightful property features two large living areas, ideal for both relaxation and entertaining, with an open design that enhances the generous space. The updated interior showcases modern vinyl flooring throughout, paired with sophisticated LED strip lighting in the living room, creating a warm and inviting atmosphere. The kitchen, equipped with essential appliances including a refrigerator, microwave, and dishwasher, invites culinary creativity. For added convenience, the sale also includes a refrigerator and washer dryer set. Enjoy movie nights in the family room with a mounted TV included, making it ready for immediate enjoyment. The home's smart thermostat ensures efficient climate control, complementing the upgraded HVAC system from 2021 for year-round comfort. Outside, find a large patio perfect for outdoor gatherings, complete with a charming fire pit for those cool Texas evenings. The beautifully landscaped yard, enclosed by a sturdy wood fence, offers privacy and a serene outdoor retreat. Security and peace of mind are paramount, with all security system equipment, including cameras, sensors, and base units, included in the sale. Window coverings provide both privacy and style. This property combines thoughtful updates, such as a newly replaced electrical meter box, with enduring features for a home that is as practical as it is appealing. Do not miss your chance to own this stunning property that promises comfort, convenience, and charm in equal measure. Interested buyers are encouraged to contact the listing agent today to schedule a private viewing and experience all this lovely home has to offer.

Investor Tools

Property Icon
$248,000
Estimated Property Value
$245,471Estimated Mortgage Balance
$5,754Estimated Equity
1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,530 /month
Positive
Cash Flow Estimate:
$510 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$417/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,765
$243,812
2025
$21,888
$221,924
$243,812
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,765
$243,812

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Financial Bank
Conventional
$245,471
No
First
Aug 21, 2025
Sep 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$242,246
$5,754
2%
98%
$1,472/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,360/mo
$1,472/mo
$-112/mo
6.6%

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.

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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1627 Meadowbrook Dr | Property Details | No Agent List