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$220,000

4809 Many Waters Dr, Abilene, TX, 79602

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,586 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$138.71 / sqft
Year BuiltBuilt in 2009

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 Cooktop, Electric Oven, Electric Range, Microwave, Plumbed For Ice Maker, Refrigerator, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile

Exterior

Lot Size6,795 sqft

Building Information

Year Built2009
Stories1
Roof Type105
Garage Spaces2

Land Information

APN42203005000
Lot Number12
SubdivisionIndian Wells Addn Sec 3
Land UseResidential
Legal DescriptionINDIAN WELLS ADDN SEC 3, BLOCK A, LOT 12, ACRES .156
Census Tract013404
Assessed Land Value$25,000
Assessed Improvement Value$230,165
Assessment Year2025

About this property

Beautiful 4 bedroom, 2 bath home with 1,586 square feet. Spacious kitchen with storage and counter space galore, breakfast bar and a separate dining area. Master bath is a retreat with a separate shower and soaking tub. Wonderful brick fireplace is the focal point of the large living room. Backyard has a covered patio and so many outdoor possibilities. All that and Wylie schools! What else could you ask for?!

Investor Tools

Property Icon
$275,000
Estimated Property Value
$252,000Estimated Mortgage Balance
$32,056Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,650 /month
Positive
Cash Flow Estimate:
$550 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$452/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,053
$255,165
2025
$25,000
$230,165
$255,165
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,053
$255,165

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Va
$252,000
Yes
First
May 24, 2024
Jun 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$242,944
$32,056
11%
88%
$1,511/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,660/mo
$1,511/mo
+$149/mo
7.2%

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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