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$464,000

NAL Estimated Property Value

1701 Cedar Crest Drive, Abilene, TX, 79601

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths4,008 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$99.68 / sqft
Year BuiltBuilt in 1945

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Plumbed For Ice Maker, Refrigerator, Vented Exhaust Fan, Warming Drawer, Electric Water Heater, Gas Water Heater
FlooringCeramic Tile, Laminate, Vinyl

Exterior

Exterior FeaturesFire Pit, Rain Gutters, Private Yard
Lot Size28,924 sqft

Building Information

Year Built1945
Stories1
Roof Type111
Garage Spaces2

Land Information

APN02000031000
Lot Number215
SubdivisionAbilene Heights
Land UseResidential
Legal DescriptionABILENE HEIGHTS, BLOCK 18, LOT 215 REP, ACRES .664
Census Tract010100
Assessed Land Value$49,171
Assessed Improvement Value$331,804
Assessment Year2025

About this property

This amazing Ranch Style home, INCLUDING TWO RENTAL UNITS ON SITE, provides the definition of inside and outside living with its fabulous den that opens to the exterior entertaining area, complete with shade trees, an outdoor rock fireplace, and a grill. Entertaining will be a breeze with your large kitchen, breakfast nook, wet bar, and sandstone fireplace. The home has a generous floorplan, large rooms, retro bathrooms, oversized formal living room, and spacious formal dining room. Natural lighting is amazing and the location, close to ACU, churches, schools, and shopping it phenomenal. Other attributes include a basement and double garage. Both rentals are occupied and provide excellent monthly income.

Investor Tools

Property Icon
$464,000
Estimated Property Value
$362,564Estimated Mortgage Balance
$101,436Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,784 /month
Positive
Cash Flow Estimate:
$928 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$760/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,800
$380,975
2025
$49,171
$331,804
$380,975
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,800
$380,975

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Va
$393,343
Yes
First
Mar 1, 2022
Apr 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$362,564
$101,436
21%
78%
$2,359/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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1701 Cedar Crest Drive | Property Details | No Agent List