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$50,000

NAL Estimated Property Value

3218 E Lake Rd, Abilene, TX, 79601

Off MarketInfo

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Lot Size1.00 acres

Land Information

APN55800000700
Lot Number2
SubdivisionPhantom Road Acres Sec 1
Land UseResidential
Legal DescriptionPHANTOM ROAD ACRES SEC 1, BLOCK 2, LOT 2
Census Tract013300
Assessed Land Value$43,680
Assessment Year2025

About this property

Prime 1.3-acre homesite offering the perfect blend of space, convenience, and future growth potential. Located at 3218 E Lake Rd in Abilene, this property provides plenty of room to build your dream home, shop, pool, or create the custom outdoor space you've always wanted. Ideally situated near Abilene Christian University and just minutes from shopping, dining, and everyday conveniences, this property is also positioned near the area's exciting economic expansion, including the recently announced AI data center development in Abilene. As the city continues to attract major investment and job growth, this location offers both lifestyle and long-term value. Whether you're looking to build your forever home or invest in one of Abilene's growing corridors, this spacious 1.3-acre tract presents a rare opportunity to own land with flexibility, convenience, and promising future potential.

Investor Tools

Property Icon
$50,000
Estimated Property Value
$0Estimated Mortgage Balance
$50,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$300 /month
Positive
Cash Flow Estimate:
$100 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$33/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$150
$14,414
2025
$43,680
N/A
$43,680
Yes (2021)

Tax History

Year
Tax Paid
Assessed Value
2025
$150
$14,414

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$278,000
100%
0%
$0/mo

City: Abilene

3218 E Lake Rd | Property Details | No Agent List