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$330,000

NAL Estimated Property Value

350 Mill Creek Drive, Abilene, TX, 79602

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,866 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$158.09 / sqft
Year BuiltBuilt in 2016

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 Oven, Electric Range, Electric Water Heater
FlooringCarpet, Ceramic Tile

Exterior

Lot Size8,625 sqft

Building Information

Year Built2016
Stories1
Roof Type105
Garage Spaces2

Land Information

APN61280007000
Lot Number14
SubdivisionSouthlake Estates Sec 3
Land UseResidential
Legal DescriptionSOUTHLAKE ESTATES SEC 3, BLOCK M, LOT 14, ACRES .198
Census Tract013404
Assessed Land Value$30,000
Assessed Improvement Value$285,114
Assessment Year2025

About this property

Fashionable home with modern finishes throughout the property. The front foyer welcomes you into this attractive four bedroom home. The floor plan is open with split bedrooms. I love the elegant living room with a handsome fireplace. The layout makes for a pleasant livable space. The kitchen offers substantial work space with gorgeous quarts counters. This property offers some remarkable upgrades and design features in the main bedroom - bath area. This home is more than just beautiful and clean, it's gorgeous and move in ready!

Investor Tools

Property Icon
$330,000
Estimated Property Value
$228,981Estimated Mortgage Balance
$101,019Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,980 /month
Positive
Cash Flow Estimate:
$660 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$617/month
$120/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,754
$315,114
2025
$30,000
$285,114
$315,114
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,754
$315,114

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$250,750
No
First
Oct 29, 2021
Nov 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$228,981
$101,019
30%
69%
$1,504/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,660/mo
$1,624/mo
+$36/mo
6.0%

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.

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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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350 Mill Creek Drive | Property Details | No Agent List