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Days33Days on Market
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$525,500

$538,500

727 Key Ln, Abilene, TX, 79602

On MarketInfo
Price DropInfo
Beds3 Beds
Baths2 Bath
Baths2,517 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$208.78 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven, Microwave, Refrigerator
FlooringCarpet, Ceramic Tile, Linoleum

Exterior

Exterior FeaturesRain Gutters
Lot Size14.53 acres

Building Information

Year Built1977
Stories1
Roof Type105
Garage Spaces1

Land Information

APNA1186000600
SubdivisionSur 47 L A L Ne/4
Land UseResidential
Legal DescriptionA1186 SUR 47 L A L NE/4, ACRES 14.53
Census Tract013502
Assessed Land Value$14,203
Assessed Improvement Value$235,973
Assessment Year2025

About this property

Looking for land, privacy, and a home with true Texas character that also has room for all your animals, equipment and toys? This Ranch Style home offers a great layout and timeless architectural elements with character you don't find in new homes anymore with Ag Exemption to help on Taxes. The home is set back over 320 yards from the road, giving a nice long driveway for privacy. Outbuildings include and old farm shed for crafting or workshop, a brand new 30x25x11 detached garage, and a newer 42x30x8 spray foam insulated shop. When you walk inside, the spacious living room welcomes you with dramatic vaulted ceilings, original wood paneling, and a handsome brick fireplace that centers the room with Retro Chic warmth. The interior retains its original 1970s nostalgic finishes, while some major updates have been complete, such Class 4 Roof in 2024 with gutters, 3.5 ton HVAC in 2023, and foundation repaired in 2024. The primary bedroom includes Plantation Shutters, a walk in closet and an ensuite that retro design enthusiasts will love. The other two guest bedrooms include spacious walk in closets as well. The guest bathroom is full of cabinet and counter space so everyone has their own space for storage. There is a front sunroom for morning coffee, or if you prefer evening drinks, and, or entertaining, the back covered patio is an oasis with great views. The front cleared pasture is fenced separately from the house and driveway. The house is surrounded by mature Oak Trees, giving plenty of shade and bird watching. Outside, the land extends its arms to equestrians and hobby farmers alike. The expansive acreage invites exploration, be it horseback rides, ATVs, or leisurely walks amidst the wildflowers. Experience the freedom of wide-open spaces while being conveniently located within a short drive to Abilene’s amenities and services. No known restrictions.

Investor Tools

$634,150Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,153 /month
Positive
Cash Flow Estimate:
$1,051 /month

Interested in this property?

Roberta Borlovan

Coldwell Banker Apex, REALTORS

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$413/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,635
$250,176
2025
$14,203
$235,973
$423,676
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,635
$250,176

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Financial Bank Na
Conventional
$427,500
No
First
Jul 28, 2022
Aug 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$634,150
N/A
0%
137%
$4,063/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.

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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727 Key Ln | Property Details | No Agent List