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$450,000

NAL Estimated Property Value

227 Rio Grande, Abilene, TX, 79606

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,064 Sq Ft
price_per_sqft$193.75 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Microwave

Exterior

Lot Size21,780 sqft

Building Information

Year Built2024
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR3280003900
Lot Number4
SubdivisionHeadwaters Estates
Land UseResidential
Legal DescriptionHEADWATERS ESTATES, BLOCK C, LOT 4, ACRES .5
Census Tract013402
Assessed Land Value$50,000
Assessed Improvement Value$348,755
Assessment Year2025

About this property

Welcome to the new subdivision of Headwaters Estates, nestled in the highly sought-after Wylie ISD! This stunning French Country style home combines timeless elegance with modern conveniences, creating a perfect haven for you and your family. The home itself is a masterpiece of design and functionality featuring an open-concept layout, high ceilings, and large windows allowing lots of natural light. The kitchen has a large island, plenty of quartz counter and storage space, and a butler’s pantry. The master suite is a true retreat, complete with a luxurious en-suite bathroom and a spacious walk-in closet. Take advantage of no city taxes. Taylor Electric and View-Caps water is available and fiber optic for internet. The lot offers plenty of space to build a shop or add personalized touches to suit your lifestyle.Headwaters Estates offers the perfect blend of peaceful country living and modern amenities. This community is more than just a place to live; it's a place to thrive.

Investor Tools

Property Icon
$450,000
Estimated Property Value
$388,618Estimated Mortgage Balance
$61,382Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,700 /month
Positive
Cash Flow Estimate:
$900 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$601/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,967
$398,755
2025
$50,000
$348,755
$398,755
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,967
$398,755

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Financial Bank
Va
$399,900
Yes
First
Oct 28, 2024
Nov 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$388,618
$39,382
9%
86%
$2,398/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,770/mo
$2,398/mo
$-628/mo
4.7%

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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227 Rio Grande | Property Details | No Agent List