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$259,000

NAL Estimated Property Value

2305 Lance Lane, Abilene, TX, 79602

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,626 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$119.93 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range
FlooringCarpet, Vinyl

Exterior

Lot Size2 acres

Building Information

Year Built1981
Stories1
Roof Type105
Garage Spaces2

Land Information

APNA1000000103
SubdivisionSur 27 L A L Ne/4
Land UseResidential
Legal DescriptionA1000 SUR 27 L A L NE/4, ACRES 2.0
Census Tract013404
Assessed Land Value$60,372
Assessed Improvement Value$180,533
Assessment Year2025

About this property

Country Living with city convenience...this is the perfect combination! This home on 2 acres is ready for your personal touches. Large kitchen with sunny breakfast room looks out to the fenced yard, mature pecan trees, and horse barn with fenced pasture. Large open living room has wood burning fireplace and vaulted ceilings, perfect for cozy winter nights. This charming 3 bed, 2 bath, 2 car garage home is a perfect place to take in those gorgeous West Texas Sunsets while enjoying the peace of country living! Horse property...Wylie East schools... Don't miss this one!

Investor Tools

Property Icon
$259,000
Estimated Property Value
$162,689Estimated Mortgage Balance
$96,311Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,554 /month
Positive
Cash Flow Estimate:
$518 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$177/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$826
$223,588
2025
$60,372
$180,533
$240,905
No

Tax History

Year
Tax Paid
Assessed Value
2025
$826
$223,588

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gateway First Bank
Fha
$181,649
Yes
First
Dec 21, 2020
Jan 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$162,689
$96,311
37%
63%
$1,090/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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2305 Lance Lane | Property Details | No Agent List