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$387,500

1649 Lakeshore Dr, Abilene, TX, 79602

$467,161 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,752 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$140.81 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Gas Water Heater

Exterior

Lot Size13,055 sqft

Building Information

Year Built1998
Stories2
Roof Type105
Garage Spaces2

Land Information

APN45610016300
Lot Number2
SubdivisionLytle Shores West Sec 6
Land UseResidential
Legal DescriptionLYTLE SHORES WEST SEC 6, BLOCK B, LOT 2
Census Tract012000
Assessed Land Value$40,617
Assessed Improvement Value$334,146
Assessment Year2025

About this property

Fantastic opportunity at Lytle Shores West. Welcome yourself to this spacious 2 story home located one block from the private entrance to Lytle Lake. The downstairs floorplan includes the spa-like primary bedroom with beautifully updated bathroom, 2 living areas with see-through fireplace and built-ins, a formal dining area and breakfast nook on either side of the kitchen, the half bath and laundry room. Flooring is predominantly wood-look ceramic tile downstairs and all the way up the stairs. Upstairs you will find 3 bedrooms, one with adjoining jack-and-jill style bathroom with updated vanities. Great storage throughout the home. Good sized backyard that features a covered porch with a door to the primary bedroom and extended concrete patio. Schedule your appointment soon! Please excuse the landscaping crew this weekend, they will be busy trimming the hedges and manicuring the lawn to make it ready for you! Measurements are rounded and schools should be verified by buyer.

Investor Tools

Property Icon
$391,000
Estimated Property Value
$380,480Estimated Mortgage Balance
$28,392Estimated Equity
3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$467,161
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,346 /month
Positive
Cash Flow Estimate:
$782 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$707/month
$75/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,523
$374,763
2025
$40,617
$334,146
$374,763
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,523
$374,763

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cardinal Financial Company Lp
Fha
$380,480
Yes
First
Oct 2, 2023
Nov 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$362,608
$28,392
7%
93%
$2,282/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,660/mo
$2,357/mo
$-697/mo
5.1%

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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1649 Lakeshore Dr | Property Details | No Agent List