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$368,000

NAL Estimated Property Value

709 Elmwood Dr, Abilene, TX, 79605

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,602 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$138.32 / sqft
Year BuiltBuilt in 1929

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

Exterior

Lot Size14,802 sqft

Building Information

Year Built1929
Stories2
Roof Type104
Garage Spaces1

Land Information

APN24160001100
SubdivisionDon Davis Of Fair Park Acres
Land UseResidential
Legal DescriptionDON DAVIS OF FAIR PARK ACRES, BLOCK 7, LOT 114, REP OF 14 & 15
Census Tract011500
Assessed Land Value$23,310
Assessed Improvement Value$336,403
Assessment Year2025

About this property

Discover the epitome of craftsmanship, charm and character from days gone by in this standout residence marking the northern entrance to Elmwood Drive in Abilene, TX. Boasting 4 bedrooms, 2.5 baths, and a coveted garage apartment, this property is an ideal choice for those seeking functional space and elegance. Positioned on a corner lot, it features a striking circle drive, adding a touch of elegance and ease to your approach. Step inside to find a maintained interior that effortlessly blends spaciousness with classic appeal. Each bedroom offers generous accommodations, while the well-designed floorplan ensures both privacy and togetherness. The living spaces showcase exquisite detailing, serving as the perfect backdrop for both casual and formal gatherings. Outside, enjoy a beautifully fenced back yard shaded by mature trees and an inviting patio perfect for relaxation. The regal exterior continues with a 2-car garage and additional guest quarters.This is a rare opportunity! Contact the listing agent today for a private showing.

Investor Tools

Property Icon
$368,000
Estimated Property Value
$262,192Estimated Mortgage Balance
$105,808Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,208 /month
Positive
Cash Flow Estimate:
$736 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$671/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,206
$359,713
2025
$23,310
$336,403
$359,713
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,206
$359,713

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Va
$267,300
Yes
First
Apr 30, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$262,192
$105,808
28%
71%
$1,603/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.

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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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709 Elmwood Dr | Property Details | No Agent List