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$283,000

NAL Estimated Property Value

331 Martis Way, Abilene, TX, 79602

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,500 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$133.27 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker, Refrigerator
FlooringCarpet, Concrete

Exterior

Lot Size6,926 sqft

Building Information

Year Built2020
Stories1
Roof Type105
Garage Spaces2

Land Information

APN17252021500
Lot Number12
SubdivisionCarriage Hills Addn Sec 2
Land UseResidential
Legal DescriptionCARRIAGE HILLS ADDN SEC 2, BLOCK G, LOT 12, ACRES .159
Census Tract013404
Assessed Land Value$29,000
Assessed Improvement Value$236,301
Assessment Year2025

About this property

2020 Custom build by Legend Homes. Split floor plan with 3 bedroom 2 full baths. Dark stained cabinets, granite countertops, and luxury vinyl planked flooring throughout. Kitchen opens to living and has a large island for easy meal prep. Master suite features large walk-in closet and walk-in shower. Low maintenance brick and stone exterior. Sprinkler system and sod in front and back yard. Also includes front flower bed and fenced in backyard. The back patio has been extended to enjoy the outdoors.

Investor Tools

Property Icon
$283,000
Estimated Property Value
$170,417Estimated Mortgage Balance
$112,583Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,698 /month
Positive
Cash Flow Estimate:
$566 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$661/month
$250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,522
$265,301
2025
$29,000
$236,301
$265,301
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,522
$265,301

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Financial Bank Na
Conventional
$189,900
No
First
Jan 7, 2021
Feb 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$170,417
$112,583
39%
60%
$1,139/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,370/mo
$1,389/mo
$-19/mo
5.8%

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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331 Martis Way | Property Details | No Agent List