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$338,000

NAL Estimated Property Value

6809 Mcleod Drive, Abilene, TX, 79602

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,879 Sq Ft
price_per_sqft$139.44 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker, Electric Water Heater
FlooringCarpet, Ceramic Tile

Exterior

Lot Size10,498 sqft

Building Information

Year Built2020
Stories1
Roof Type105
Garage Spaces2

Land Information

APN61280018600
Lot Number14
SubdivisionSouthlake Estates Sec 6
Land UseResidential
Legal DescriptionSOUTHLAKE ESTATES SEC 6, BLOCK G, LOT 14, ACRES .241
Census Tract013404
Assessed Land Value$32,000
Assessed Improvement Value$296,630
Assessment Year2025

About this property

This beautiful new 4 bedroom 2 bath home is located in South Lake Estates and is currently under construction with estimated completion date in November. You still have time to make some selections of your choice and make this the perfect place to call home. Open floor plan, split bedroom arrangement and design of this home has a welcoming modern farmhouse feel. The Kitchen features a large island, granite countertops, painted cabinets and stainless steel appliances. Enjoy the wood burning corner fireplace in the spacious living room. The 4th bedroom or office will have a sliding barn door. Large covered back porch. Wood privacy fence. Wylie Schools. Kirby Lake nearby. .

Investor Tools

Property Icon
$338,000
Estimated Property Value
$292,279Estimated Mortgage Balance
$45,721Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,028 /month
Positive
Cash Flow Estimate:
$676 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$647/month
$120/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,071
$328,630
2025
$32,000
$296,630
$328,630
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,071
$328,630

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Fha
$309,294
Yes
First
May 26, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$292,279
$45,721
13%
86%
$1,855/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,370/mo
$1,975/mo
$-605/mo
4.9%

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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6809 Mcleod Drive | Property Details | No Agent List