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$329,000

NAL Estimated Property Value

234 Southlake Dr, Abilene, TX, 79602

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,748 Sq Ft
price_per_sqft$188.73 / sqft
Year BuiltBuilt in 2015

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, Electric Range, Microwave

Exterior

Lot Size8,168 sqft

Building Information

Year Built2015
Stories1
Roof Type105
Garage Spaces2

Land Information

APN61280006300
Lot Number13
SubdivisionSouthlake Estates Sec 1 Cont 1
Land UseResidential
Legal DescriptionSOUTHLAKE ESTATES SEC 1 CONT 1, BLOCK B, LOT 13, ACRES .1875
Census Tract013404
Assessed Land Value$30,000
Assessed Improvement Value$262,101
Assessment Year2025

About this property

Spacious 4 bedroom, 2 bathroom home located in Wylie ISD. Open floor plan with split bedroom layout. Nice sized living room with a wood burning fireplace, wood-look tile flooring, and opens up right into the dining and kitchen, perfect for entertaining. Stainless steel appliances and granite countertops in the kitchen. Spacious primary bedroom with double sinks, walk in shower, and separate soaking tub. Covered porch overlooking backyard, with tons of open space all around the house.

Investor Tools

Property Icon
$329,000
Estimated Property Value
$319,061Estimated Mortgage Balance
$9,939Estimated Equity
3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,979 /month
Positive
Cash Flow Estimate:
$660 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$572/month
$150/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,214
$292,101
2025
$30,000
$262,101
$292,101
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,214
$292,101

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crosscountry Mortgage Llc
Unknown
$320,919
No
First
Jan 22, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$319,061
$9,939
3%
97%
$1,925/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,660/mo
$2,075/mo
$-415/mo
6.1%

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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234 Southlake Dr | Property Details | No Agent List