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$382,000

NAL Estimated Property Value

5318 Rio Mesa Drive, Abilene, TX, 79606

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,123 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$127.18 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Off-Market ListHigh EquityCash Buyers

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, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Wood

Exterior

Lot Size10,803 sqft

Building Information

Year Built2014
Stories1
Roof Type105
Garage Spaces2

Land Information

APN61225011000
Lot Number4
SubdivisionSouthern Meadows Addn Sec 4
Land UseResidential
Legal DescriptionSOUTHERN MEADOWS ADDN SEC 4, BLOCK G, LOT 4, ACRES .248
Census Tract013402
Assessed Land Value$29,708
Assessed Improvement Value$343,221
Assessment Year2025

About this property

Immaculate one owner home! Looking for a large Wylie home thats not miles away? Look no further! This home has all the things you need! Spacious split bedroom floor plan, massive kitchen with pantry and island, and a very private feeling backyard with no neighbors directly behind you! High ceilings accentuate the space making this home feel extra spacious and the stone fireplace in the corner of the living room makes it feel nice and cozy! The master bath features a jetted tub and a wrap around double closet! Luxury finish out options with wood flooring, granite counters throughout the home, full tile showers, and more! You've got to see this one for yourself!!

Investor Tools

Property Icon
$382,000
Estimated Property Value
$0Estimated Mortgage Balance
$382,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,292 /month
Positive
Cash Flow Estimate:
$764 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$389/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,760
$372,929
2025
$29,708
$343,221
$372,929
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,760
$372,929

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$382,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,770/mo
N/A
+$1,770/mo
5.6%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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5318 Rio Mesa Drive | Property Details | No Agent List