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$349,469

NAL Estimated Property Value

7402 Lake Ridge Parkway, Abilene, TX, 79602

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,003 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$173.74 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker, Electric Water Heater
FlooringCarpet

Exterior

Exterior FeaturesBalcony
Lot Size12,763 sqft

Building Information

Year Built2022
Stories1
Roof Type105
Garage Spaces2

Land Information

APN17252015800
Lot Number13
SubdivisionCarriage Hills Addn Sec 1
Land UseResidential
Legal DescriptionCARRIAGE HILLS ADDN SEC 1, BLOCK Q, LOT 13, ACRES .293
Census Tract013404
Assessed Land Value$31,900
Assessed Improvement Value$317,569
Assessment Year2025

About this property

Red Oak Custom Builders is knocking it out of the park with this one! The 3 BR, 2 bath home has a second story game room with a bathroom (or use as a 4th bedroom). Enjoy great fall evenings sitting out on the balcony overlooking Kirby Lake - THE perfect place to relax & enjoy the sunsets! Spacious great room open to kitchen & dining. Great finishes throughout, all sitting on a large corner lot. Builder Warranty, wood privacy fence backyard with an extended patio, sprinkler system & sod included. Neighborhood is located in AISD & Abilene ISD taxes apply. Students are allowed no-cost transfers into Wylie ISD. Est completion Sept-Oct 2022. (room sizes rounded)

Investor Tools

Property Icon
$349,469
Estimated Property Value
$260,809Estimated Mortgage Balance
$88,660Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,097 /month
Positive
Cash Flow Estimate:
$699 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$146/month
$250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$349,469
2025
$31,900
$317,569
$349,469
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$349,469

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Conventional
$278,400
No
First
Dec 19, 2022
Jan 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$260,809
$88,660
25%
75%
$1,670/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,660/mo
$1,920/mo
$-260/mo
5.7%

City: Abilene

7402 Lake Ridge Parkway | Property Details | No Agent List