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$630,000

$650,000

186 Gainesway Dr, Abilene, TX, 79606

On MarketInfo
Price DropInfo
Beds4 Beds
Baths3 Bath
Baths2,473 Sq Ft
price_per_sqft$254.75 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Disposal, Gas Cooktop, Ice Maker, Microwave, Double Oven

Exterior

Exterior FeaturesDog Run
Lot Size22,738 sqft

Building Information

Year Built2022
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR4128007700
Lot Number10
SubdivisionHighland Farms Sec 3
Land UseResidential
Legal DescriptionHIGHLAND FARMS SEC 3, BLOCK G, LOT 10, ACRES .522
Census Tract013502
Assessed Land Value$50,000
Assessed Improvement Value$498,828
Assessment Year2025

About this property

Welcome to this beautifully appointed 4-bedroom, 2.5-bath home in the highly sought-after Highland Farms subdivision within Wylie ISD. Thoughtfully designed with quality finishes and modern conveniences, this home offers ceramic wood-look tile flooring throughout, creating a stylish and durable foundation for everyday living. The open-concept living area is anchored by a cozy gas fireplace and flows seamlessly into the chef's kitchen, featuring a gas cooktop, built-in refrigerator and freezer, pellet Sonic ice machine, and an extended cabinet package that provides exceptional storage and workspace. A dedicated office with custom built-in cabinetry offers the perfect space for working from home, studying, or managing daily tasks. The private primary suite serves as a relaxing retreat with a spacious ensuite bathroom and an oversized walk-in closet. Three additional bedrooms provide plenty of room for family or guests, while the half bath adds extra convenience for entertaining. Step outside to a beautifully landscaped backyard designed for enjoyment, complete with a dedicated dog run for your four-legged family members. Located in one of Wylie ISD's most desirable neighborhoods, this move-in-ready home combines comfort, functionality, and premium upgrades in an exceptional setting.

Investor Tools

$504,372Estimated Mortgage Balance
$131,628Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,816 /month
Positive
Cash Flow Estimate:
$1,272 /month

Interested in this property?

Tina Aboutalebi

ACR-ANN CARR REALTORS

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,046/month
$250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,372
$548,828
2025
$50,000
$498,828
$548,828
No

Tax History

Year
Tax Paid
Assessed Value
2025
$9,372
$548,828

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Swbc Mortgage Corp
Va
$541,263
Yes
First
Nov 14, 2022
Dec 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$504,372
$63,628
11%
79%
$3,246/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,770/mo
$3,496/mo
$-1,726/mo
3.3%

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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186 Gainesway Dr | Property Details | No Agent List