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$369,900

2542 Woodlake Dr, Abilene, TX, 79606

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths2,064 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$179.22 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range
FlooringCeramic Tile

Exterior

Private PoolPrivate Pool
Lot Size11,700 sqft

Building Information

Year Built1981
Stories1
Roof Type105
Garage Spaces4

Land Information

APN67950008900
Lot Number16
SubdivisionWoodlake Sec 2
Land UseResidential
Legal DescriptionWOODLAKE SEC 2, BLOCK D, LOT 16
Census Tract012701
Assessed Land Value$27,495
Assessed Improvement Value$229,448
Assessment Year2025

About this property

Welcome to 2542 Woodlake, a spacious 4-bedroom, 2.5-bath home offering 2,064 square feet plus an enclosed back patio that provides additional flexible living space. Located near Fairway Golf Course, this property offers a great combination of indoor space, outdoor amenities, and recent improvements. The owners had plans to make this their forever home and began remodeling with that vision in mind. An unexpected job relocation changed those plans before the renovation could be completed, giving the next owner an opportunity to finish the kitchen and make it their own. Updates already completed include fresh interior paint and new flooring in the dining room, living room, bedrooms, and bathrooms. Designed with comfort in mind, the HVAC system features three separate zones: the primary bedroom and bathroom, the three secondary bedrooms and hall bathroom, and the main living areas including the living room, kitchen, formal dining room, and enclosed back patio. Outside, enjoy an in-ground swimming pool with robotic pool cleaner and a 375-square-foot carport added to the side of the home for additional covered parking. Even more value comes with the property, including a generator, Lorex home surveillance system, and GE Profile washer and dryer. Property is being sold through a relocation company. Additional relocation documents and requirements apply. Buyer’s agent to review all applicable documents in TransactionDesk prior to submitting an offer.

Investor Tools

$203,507Estimated Mortgage Balance
$142,493Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,219 /month
Positive
Cash Flow Estimate:
$740 /month

Interested in this property?

Maegan Brest

Berkshire Hathaway HS Stovall

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$481/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,042
$256,943
2025
$27,495
$229,448
$256,943
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,042
$256,943

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Conventional
$225,000
No
First
Aug 18, 2021
Sep 2041

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$203,507
$142,493
41%
59%
$1,349/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,770/mo
$1,349/mo
+$421/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.

Explore Texas Explore This Area
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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