
$317,000
NAL Estimated Property Value718 Elmwood Dr, Abilene, TX, 79605
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About this property
Hidden gem in the highly sought after Elmwood area! This property offers 3 bedrooms, 2.5 half bathrooms including a Jack and Jill bathroom between the 2 guest bedrooms, seperate dinning, a formal living space with a fireplace, built in shelves and extra large windows(would also make a fantastic office), the large family room has a fireplace with 2 doors leading out to the back patio and there is also an inviting entryway with a coat closet, perfect for greeting your family and friends. Bring your ideas plus your love for renovating and bring this family home back to life! 718 Elmwwod is now safe, sound and it functions! Property did appraise for contract value, however marked unsafe and it did not function. All 3 toilets have been replaced, faucet was added to the unworking shower, carpet was removed from the back bedroom plus several other items made safe. SOLD AS IS, WHERE IS Property Information Deemed Reliable, but not Guaranteed.
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Learn About the Market: Opportunity in Texas




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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Abilene
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