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$517,000

NAL Estimated Property Value

2557 Meadow Lake Drive, Abilene, TX, 79606

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths3,457 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$114.98 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesConvection Oven, Dishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Plumbed For Ice Maker, Warming Drawer, Electric Water Heater
FlooringCarpet, Other

Exterior

Exterior FeaturesBalcony, Rain Gutters
Lot Size14,950 sqft

Building Information

Year Built1981
Stories2
Roof Type105
Garage Spaces2

Land Information

APN67950016600
Lot Number26
SubdivisionWoodlake Sec 3
Land UseResidential
Legal DescriptionWOODLAKE SEC 3, BLOCK B, LOT 26
Census Tract012701
Assessed Land Value$33,728
Assessed Improvement Value$419,231
Assessment Year2025

About this property

Wonderful landscaped corner lot close to Fairway Oaks. Front & back pergola covered terraces. Side entry garage, mature trees, newer fences. A story & a half with an upstairs flex room & balcony overlooking the beautiful back yard. Formal dining adjacent to kitchen & front entry. Amazing granite island & counter tops, stainless steel appliances. Eat in breakfast area. French doors in living out to covered patio, beautiful fireplace. Master suite shares a double sided fireplace, office & sitting. Plus exercise room, nursery, or gaming room! Master bath has granite counters, separate vanities with sinks, huge walk in shower & jetted tub! French doors lead to back patio form master. Custom closet!

Investor Tools

Property Icon
$517,000
Estimated Property Value
$361,009Estimated Mortgage Balance
$155,991Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,102 /month
Positive
Cash Flow Estimate:
$1,034 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$896/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,170
$452,959
2025
$33,728
$419,231
$452,959
No

Tax History

Year
Tax Paid
Assessed Value
2025
$8,170
$452,959

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Swbc Mortgage Corp
Conventional
$310,000
No
First
Nov 30, 2020
Dec 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$361,009
$155,991
30%
70%
$2,413/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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2557 Meadow Lake Drive | Property Details | No Agent List