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$300,000

NAL Estimated Property Value

262 Sophia Lane, Abilene, TX, 79602

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,630 Sq Ft
price_per_sqft$156.44 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave
FlooringCarpet, Vinyl

Exterior

Lot Size6,926 sqft

Building Information

Year Built2019
Stories1
Roof Type105
Garage Spaces2

Land Information

APN17252008500
Lot Number27
SubdivisionCarriage Hills Addn Sec 1
Land UseResidential
Legal DescriptionCARRIAGE HILLS ADDN SEC 1, BLOCK E, LOT 27, ACRES .159
Census Tract013404
Assessed Land Value$29,000
Assessed Improvement Value$257,461
Assessment Year2025

About this property

Gorgeous 4 bedroom 2 bath Lantrip Custom Home in stellar location in Carriage Hills. The open floor plan encompasses 1648 square feet with sleek and stylish gourmet kitchen that flows through to the dining room. The expansive living room with stone fireplace opens up to a spacious rear patio.Highlights include rich vinyl plank flooring with carpeted bedrooms, crown molding, granite countertops, custom white baked on enamel cabinets with soft close hinges, nest thermostat, a master suite with walk in shower, soaking tub, double vanities, and spacious walk in closet. MOVE IN READY!

Investor Tools

Property Icon
$300,000
Estimated Property Value
$192,861Estimated Mortgage Balance
$107,139Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,800 /month
Positive
Cash Flow Estimate:
$600 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$548/month
$250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,082
$286,461
2025
$29,000
$257,461
$286,461
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,082
$286,461

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gershman Investment Corp
Conventional
$212,000
No
First
Aug 2, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$192,861
$107,139
35%
64%
$1,272/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,660/mo
$1,522/mo
+$138/mo
6.6%

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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262 Sophia Lane | Property Details | No Agent List