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$388,000

7025 Mcleod Drive, Abilene, TX, 79602

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,144 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$179.57 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Electric Range, Electric Water Heater, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size9,670 sqft

Building Information

Year Built2017
Stories1
Roof Type105
Garage Spaces2

Land Information

APN61280017200
Lot Number9
SubdivisionSouthlake Estates Sec 5
Land UseResidential
Legal DescriptionSOUTHLAKE ESTATES SEC 5, BLOCK T, LOT 9, ACRES .222
Census Tract013404
Assessed Land Value$30,000
Assessed Improvement Value$329,022
Assessment Year2025

About this property

Discover your dream home in the Wylie East Elementary area! This stunning residence boasts 4 spacious bedrooms, 2.5 luxurious baths, and a convenient 2-car garage, offering a perfect blend of style and functionality. With a perfect balance of indoor and outdoor living spaces, this home provides an inviting retreat for all. Step inside to a thoughtfully designed interior featuring a large open-concept living area filled with natural light and elegant finishing touches. The living room serves as the heart of the home, providing an ideal setting for relaxation and gatherings. The contemporary kitchen is a culinary delight, equipped with sleek granite countertops, GE Profile stainless steel appliances, walk in pantry and ample cabinetry, designed to inspire your inner chef. The residence includes a primary suite that offers a tranquil escape, complete with an ensuite bath featuring dual vanities, a large shower and a walk in closet. Three additional bedrooms provide ample space for guests or a dedicated office. Step outside to behold a beautifully landscaped yard that invites both play and relaxation. A well-kept sprinkler system ensures lush greenery surrounds the property all year round. The expansive, covered back patio is perfect for entertaining or enjoying a peaceful evening outdoors, while the privacy of a wood-fenced yard enhances the sense of seclusion in your personal oasis.

Investor Tools

Property Icon
$388,000
Estimated Property Value
$0Estimated Mortgage Balance
$145,160Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,328 /month
Positive
Cash Flow Estimate:
$776 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$897/month
$120/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,826
$359,022
2025
$30,000
$329,022
$359,022
No

Tax History

Year
Tax Paid
Assessed Value
2025
$8,826
$359,022

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Conventional
$269,010
No
First
Apr 2, 2021
May 2041

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$242,840
$145,160
37%
63%
$1,613/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,660/mo
$1,733/mo
$-73/mo
5.1%

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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