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$650,000

29 Cherry Hills E, Abilene, TX, 79606

$774,902 ARVInfo
On MarketInfo
Beds4 Beds
Baths5 Bath
Baths4,704 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$138.18 / sqft
Year BuiltBuilt in 1991

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven
FlooringCarpet, Ceramic Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size10,781 sqft

Building Information

Year Built1991
Stories2
Roof Type312
Garage Spaces2

Land Information

APN28820071900
Lot Number19
SubdivisionFairways
Land UseResidential
Legal DescriptionFAIRWAYS, BLOCK A, LOT 19 CONT 1
Census Tract012701
Assessed Land Value$33,957
Assessed Improvement Value$630,218
Assessment Year2025

About this property

Stunning 4,700+ sq ft home in the sought-after Fairway Oaks subdivision — priced to sell at $699,000. The professionally remodeled backyard is a private oasis featuring a brand-new remodeled pool (10’ deep with diving board), all-new equipment, fresh plaster and an in-floor cleaning system. This spacious residence offers 4 bedrooms and 4.5 bathrooms. The open-concept kitchen, informal dining and living area include a wood-burning fireplace and a large pantry. The living area opens to a generous pool-side room—ideal for guests to escape the heat—complete with its own kitchen and full bath. A formal dining room and a front living area (or office) flank the foyer. The luxurious primary suite includes a sizable sitting area with a second wood-burning fireplace, an ensuite with jetted tub, separate shower, and a large closet. The attached 20 x 26 room is perfect for a private game room, gym, or home office. Upstairs are three additional bedrooms: two share a Jack-and-Jill bath (one with an attached living area), and the third accesses the hall bath. Beautifully landscaped grounds complete this exceptional property. Schedule your showing today.

Investor Tools

$697,709Estimated Mortgage Balance
$1,291Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$774,902
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,194 /month
Positive
Cash Flow Estimate:
$1,398 /month

Interested in this property?

Gary Bone

Momentum Group Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$582/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,493
$664,175
2025
$33,957
$630,218
$664,175
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,493
$664,175

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Coleman County State Bank
Unknown
$707,000
No
First
Sep 5, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$697,709
$1,291
0%
100%
$4,239/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,770/mo
$4,539/mo
$-2,769/mo
3.0%

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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