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$631,000

NAL Estimated Property Value

246 County Road 661, Abilene, TX, 79606

$712,190 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,927 Sq Ft
price_per_sqft$117.11 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesConvection Oven, Dishwasher, Disposal, Double Oven, Electric Cooktop, Electric Oven, Microwave, Plumbed For Ice Maker, Electric Water Heater
FlooringCarpet, Concrete

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Lighting
Lot Size1.00 acres

Building Information

Year Built2004
Stories1
Roof Type105
Garage Spaces5

Land Information

APNA0039001500
SubdivisionSur 51 Charlton Cole
Land UseResidential
Legal DescriptionA0039 SUR 51 CHARLTON COLE, ACRES 1.001
Census Tract013402
Assessed Land Value$44,744
Assessed Improvement Value$507,721
Assessment Year2025

About this property

Secluded, amazing views, a true beauty! 1 acre, gated entrance, gunite pool, security fence & diving rock, outdoor kitchen, pergola, outdoor shower, storm shelter, plus 2 story guest quarters connected by Porte Cochere. Main home, 3,197 SQ FT, offers 3 bedrooms, 3 bathrooms on first level. Upstairs boasts windows overlooking pool & wonderful mountain view, versatile as a 2nd living or large bedroom. Living room features stone corner fireplace place & columns, vaulted ceiling, stained concrete floors. Large breakfast area compliments the gourmet kitchen & granite topped island. Full guest quarters, 730 SQ FT, offers kitchen, living, & laundry down, bedroom & bathroom up.

Investor Tools

Property Icon
$631,000
Estimated Property Value
$371,332Estimated Mortgage Balance
$259,668Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$712,190
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,786 /month
Positive
Cash Flow Estimate:
$1,262 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$912/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,794
$552,465
2025
$44,744
$507,721
$552,465
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,794
$552,465

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
City Bank
Conventional
$417,116
No
First
Sep 1, 2020
Oct 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$371,332
$259,668
41%
59%
$2,501/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,460/mo
$2,501/mo
$-1,041/mo
2.8%

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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246 County Road 661 | Property Details | No Agent List