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B+
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$230,000

4201 Craig Dr, Abilene, TX, 79606

PendingInfo
Beds3 Beds
Baths2 Bath
Baths1,095 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$200 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven, Microwave
FlooringCarpet, Tile

Exterior

Lot Size6,599 sqft

Building Information

Year Built1983
Stories1
Roof Type105
Garage Spaces1

Land Information

APN47150040800
Lot Number4
SubdivisionMesquite Forest Estates Sec 5
Land UseResidential
Legal DescriptionMESQUITE FOREST ESTATES SEC 5, BLOCK H, LOT 4
Census Tract013402
Assessed Land Value$20,790
Assessed Improvement Value$166,436
Assessment Year2025

About this property

What’s black, white, and adorable all over? 4201 Craig — the answer you didn’t know you were looking for! This beautifully updated home combines modern style, thoughtful upgrades, and everyday functionality from the inside out. Step into the spacious living area featuring vaulted ceilings, updated recessed lighting, sleek tile flooring, and a bold black brick fireplace that creates the perfect focal point of the room. Fresh interior paint and abundant natural light pouring through the energy-efficient Renewal by Andersen double-pane storm windows, installed just two years ago, give the home a bright and welcoming feel. The kitchen offers a fresh, clean design with remodeled cabinetry, updated countertops, a large open sink, stainless steel appliances, a new dishwasher, and a microwave mounted above the stove. Warm wood cabinetry, updated hardware, and plenty of cabinet and counter space make this kitchen as functional as it is stylish. The black-and-white design theme continues throughout the home with updated finishes, neutral paint colors, and brand-new tile flooring throughout the main living areas. Both bathrooms have been refreshed with updated tile, lighting, and paint, creating a clean and modern feel. The bedrooms offer comfortable spaces with great natural light, including brand-new carpet in the primary bedroom and one additional bedroom. Beyond its cosmetic updates, this home offers valuable improvements for peace of mind, including a new metal roof, a 2-year-old interior HVAC system with updated ductwork, and upgraded lighting throughout the home. Outside, enjoy a fenced backyard designed for both relaxing and practical use. With room to entertain, play, garden, or let pets enjoy their own space, the dedicated dog run is a feature you don't find every day. From the statement fireplace to the turquoise front door, 4201 Craig has just the right amount of personality while still feeling classic, clean, and truly move-in ready.

Investor Tools

Property Icon
$230,000
Estimated Property Value
$114,152Estimated Mortgage Balance
$143,063Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,380 /month
Positive
Cash Flow Estimate:
$460 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$104/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$101
$187,226
2025
$20,790
$166,436
$187,226
No

Tax History

Year
Tax Paid
Assessed Value
2025
$101
$187,226

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
City Bank Mortgage
Va
$114,152
Yes
First
Jul 1, 2015
Aug 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$87,191
$116,809
57%
38%
$0/mo

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.

Explore Texas Explore This Area
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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4201 Craig Dr | Property Details | No Agent List