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$352,000

NAL Estimated Property Value

357 Blue Lake Dr, Abilene, TX, 79602

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,017 Sq Ft
price_per_sqft$176 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListAbsentee Owner

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, Microwave
FlooringCeramic Tile

Exterior

Lot Size8,625 sqft

Building Information

Year Built2020
Stories1
Roof Type105
Garage Spaces2

Land Information

APN61280021400
Lot Number8
SubdivisionSouthlake Estates Sec 6
Land UseResidential
Legal DescriptionSOUTHLAKE ESTATES SEC 6, BLOCK I, LOT 8, ACRES .198
Census Tract013404
Assessed Land Value$30,000
Assessed Improvement Value$305,207
Assessment Year2025

About this property

Spacious Elegance in Prime Abilene Location! Discover the perfect blend of comfort and style in this stunning 4-bedroom, 2-bathroom home located in one of Abilene's most sought-after neighborhoods. Crafted for modern living, this residence fuses an open floor plan with elegant finishes, making it ideal for both everyday living and entertaining. Upon entrance, you're greeted by an expansive living area, highlighted by a stone wood-burning fireplace that promises warmth and a touch of rustic charm. The open flow seamlessly leads to a kitchen designed for the culinary enthusiast, featuring a large island with granite countertops and ample seating space. A generous pantry ensures you're never short on storage, while stainless steel appliances complete this chef's haven. The home's layout prioritizes privacy with split bedrooms. The primary suite, a true retreat, boasts abundant space and a luxurious en-suite bath. Here, indulge in a soaking tub and a separate shower, perfectly designed for relaxation and rejuvenation. Interior details shine with wood-look tile flooring throughout, offering both durability and elegant aesthetics. Ample natural light fills every room, creating a welcoming and airy atmosphere. Step outside to enjoy a large, covered patio, ideal for outdoor gatherings, surrounded by meticulously maintained landscaping. This home's exterior is an appealing mix of brick, stone, and siding, offering timeless curb appeal and lasting durability. This property offers more than just a home; it provides a lifestyle of convenience and comfort in a fantastic community setting. Whether you're enjoying the tranquility of the large backyard or the vibrant neighborhood, this Abilene gem is ready to welcome you to the next chapter of your life. Don't miss the chance to make it your own.

Investor Tools

Property Icon
$352,000
Estimated Property Value
$246,320Estimated Mortgage Balance
$105,680Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,130 /month
Positive
Cash Flow Estimate:
$710 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$665/month
$150/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,225
$335,207
2025
$30,000
$305,207
$335,207
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,225
$335,207

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sirva Mortgage Inc
Conventional
$249,600
No
First
Aug 27, 2025
Sep 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$246,320
$105,680
30%
70%
$1,497/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,660/mo
$1,647/mo
+$13/mo
5.7%

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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357 Blue Lake Dr | Property Details | No Agent List