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$229,000

NAL Estimated Property Value

2318 Cedar Crest Dr, Abilene, TX, 79601

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,430 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$146.78 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher
FlooringCeramic Tile

Exterior

Lot Size11,631 sqft

Building Information

Year Built2017
Stories1
Roof Type105

Land Information

APN02000044700
Lot Number128
SubdivisionAbilene Heights
Land UseResidential
Legal DescriptionABILENE HEIGHTS, BLOCK 34, LOT 128 REP
Census Tract010100
Assessed Land Value$19,772
Assessed Improvement Value$167,447
Assessment Year2025

About this property

PERFECT FOR COLLEGE STUDENTS OR FAMILY. 2 SPLIT BEDROOMS ON EACH SIDE WITH COMMON BATH. NO FORMAL PRIMARY BEDROOM. OPEN LIVING TO KITCHEN. CLOSE TO ACU! SPECIFICALLY DESIGNED AS A RESIDENTIAL RENTAL INVESTMENT PROPERTY. ALL 4 BEDROOMS ARE SIMULAR SIZE. CERAMIC TILE THROUGH OUT THE HOUSE FOR A DURABLE, EASY TO CLEAN SURFACE. OUTSIDE OF EACH BEDROOM THERE IS A LINEN CABINET TO ALLOW FOR INDIVIDUAL STORAGE. THE KITCHEN HAS SPACE TO ONE SIDE FOR A FULL SIZE WASHER AND DRYER. THIS PROPERTY IS NOT FENCED. SURVEY IS AVAILABLE. SOLAR PANELS TO BE PAID OFF SO THIS IS A BONUS TO THE BUYER!

Investor Tools

Property Icon
$229,000
Estimated Property Value
$181,892Estimated Mortgage Balance
$47,108Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,374 /month
Positive
Cash Flow Estimate:
$458 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$449/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,243
$187,219
2025
$19,772
$167,447
$187,219
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,243
$187,219

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rajendra Bhakta Etal
Purchase Money Mortgage
$191,500
No
First
Aug 10, 2023
Aug 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$181,892
$47,108
20%
79%
$1,149/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,649/mo
$1,149/mo
+$500/mo
8.6%

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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2318 Cedar Crest Dr | Property Details | No Agent List