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$471,000

NAL Estimated Property Value

2 Lake Point Cir, Abilene, TX, 79606

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,918 Sq Ft
price_per_sqft$153.87 / sqft
Year BuiltBuilt in 1992

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator, Tankless Water Heater
FlooringCarpet, Tile, Vinyl

Exterior

Exterior FeaturesDog Run, Fire Pit, Rain Gutters
Lot Size16,954 sqft

Building Information

Year Built1992
Stories1
Roof Type105
Garage Spaces4

Land Information

APN16700002407
Lot Number2
SubdivisionCanyon Rock Lake Sec 1
Land UseResidential
Legal DescriptionCANYON ROCK LAKE SEC 1, BLOCK B, LOT 2 LESS SE/PT & N/PT OF 3, REPLAT
Census Tract012702
Assessed Land Value$31,149
Assessed Improvement Value$403,643
Assessment Year2025

About this property

WATER FRONT PROPERTY nestled in the Canyon Rock Lake subdivision. Truly one-of-a-kind custom built brick home. Designed for comfortable living with spacious living room and bedrooms, TWO bonus areas, impressive outdoor living, and direct access to the Canyon Rock Lake. Updates within the past 3 years include decorative and smart home lighting, new kitchen appliances, new HVAC, spray foam insulation, electrical, porcelain tile flooring imported from Spain, among other updates totally $70K+. Lighting controlled by smart home system app and is not dependent on Wi-Fi. Exterior features include a covered porch, deck, open patio, sprinkler system, potting shed and storage building, fenced dog run, fire pit and beautiful landscaping in a cul-de-sac setting, perfect for family activities and outdoor enjoyment. Homes in this neighborhood don't come on the market very often - don't miss this opportunity!

Investor Tools

Property Icon
$471,000
Estimated Property Value
$289,646Estimated Mortgage Balance
$181,354Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,826 /month
Positive
Cash Flow Estimate:
$942 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,017/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,854
$434,792
2025
$31,149
$403,643
$434,792
No

Tax History

Year
Tax Paid
Assessed Value
2025
$9,854
$434,792

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prime Lending Inc
Conventional
$299,000
No
First
Aug 30, 2024
Sep 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$289,646
$181,354
38%
61%
$1,793/mo

Learn About the Market: Opportunity in Texas

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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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2 Lake Point Cir | Property Details | No Agent List