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$242,000

523 Apache Ln, Abilene, TX, 79601

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,062 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$141.15 / sqft
Year BuiltBuilt in 1962

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
AppliancesGas Oven, Gas Range

Exterior

Lot Size1.29 acres

Land Information

APN17213
Lot Number40
Land UseResidential
Legal DescriptionFT PHANTOM HILL SECT 2 BLOCK A, LOT 40
Census Tract020101
Assessed Land Value$168,350
Assessed Improvement Value$73,280
Assessment Year2025

About this property

Relax and unwind from your day at this 2-bedroom 1-bathroom home with the view of the lake at this quaint lake house. There is a bonus room that can be accessed through the screened in front porch. The shed and workshop provide practical functionality, accommodating storage needs and potential workspace for various projects. This home is in a great location with the boat doc, Johnson Park, and a cafe about two blocks down. The spacious lot provides plenty of room for opportunities. Whether enjoying a morning coffee on the porch or taking in the sunset over the water, this lake house promises a peaceful escape from the hustle and bustle of everyday life. Schedule your showing today!

Investor Tools

Property Icon
$242,000
Estimated Property Value
$0Estimated Mortgage Balance
$242,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,452 /month
Positive
Cash Flow Estimate:
$484 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$279/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,139
$241,630
2025
$168,350
$73,280
$241,630
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,139
$241,630

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$242,000
100%
0%
$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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523 Apache Ln | Property Details | No Agent List