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$459,000

NAL Estimated Property Value

3210 E Lake Rd, Abilene, TX, 79601

Off MarketInfo
Beds6 Beds
Baths3 Bath
Baths2,458 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$128.15 / sqft
Year BuiltBuilt in 1995

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Cooktop

Exterior

Lot Size1.00 acres

Building Information

Year Built1995
Stories1
Roof Type105
Garage Spaces4

Land Information

APN55800000800
Lot Number3
SubdivisionPhantom Road Acres Sec 1
Land UseResidential
Legal DescriptionPHANTOM ROAD ACRES SEC 1, BLOCK 2, LOT 3
Census Tract013300
Assessed Land Value$43,680
Assessed Improvement Value$265,137
Assessment Year2025

About this property

INVESTOR SPECIAL: Massive Potential on 1+ Acre! 3210 East Lake Road Bring your contractor and your vision to this incredible opportunity! Sitting on a sprawling 1.03-acre lot, this property is the ultimate blank canvas for flippers, investors, or ambitious DIY enthusiasts. Make no mistake, this home is a heavy-lift project that is in rough shape and needs significant work from top to bottom, but it boasts incredibly solid bones and a massive footprint for those looking to build serious sweat equity. The expansive floor plan offers fantastic versatility. The original layout features four bedrooms, two bathrooms, a generously sized kitchen ready for a modern redesign, and a main living area anchored by a classic fireplace. Beyond the original footprint, a huge extension adds a second living area and two extra bedrooms, giving this property incredible six-bedroom potential! Please note that the addition does not currently have central heat and air, offering you the perfect opportunity to customize the HVAC setup during your rehab. Outside, the 1.03-acre lot provides wide-open space with no shortage of storage or workspace. The property features a very large barn—an incredible asset for a workshop, extensive storage, or a creative conversion project—alongside an additional storage shed for your tools and materials. With its large square footage, fantastic lot size, and versatile outbuildings, the after-repair value (ARV) potential here is huge. Whether you are looking to create a sprawling single-family dream home or a highly lucrative flip, 3210 East Lake Road has the footprint to make it happen. The property is being sold strictly AS-IS. Schedule your walkthrough today, bring your tape measure, and start planning your renovation!

Investor Tools

Property Icon
$459,000
Estimated Property Value
$0Estimated Mortgage Balance
$459,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,754 /month
Positive
Cash Flow Estimate:
$918 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$508/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,805
$307,181
2025
$43,680
$265,137
$308,817
Yes (2022)

Tax History

Year
Tax Paid
Assessed Value
2025
$3,805
$307,181

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$392,000
100%
0%
$0/mo

City: Abilene

3210 E Lake Rd | Property Details | No Agent List