$320,000
NAL Estimated Property Value7425 Olive Grove Ave, Abilene, TX, 79606
Off Market
Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave
FlooringCarpet
Exterior
Lot Size7,405 sqft
Building Information
Year Built2022
Stories1
Roof Type105
Garage Spaces2
Land Information
APN63683008100
Lot Number9
SubdivisionTuscany Ridge Addn Sec 3
Land UseResidential
Legal DescriptionTUSCANY RIDGE ADDN SEC 3, BLOCK A, LOT 9, ACRES .17
Census Tract013402
Assessed Land Value$30,000
Assessed Improvement Value$266,996
Assessment Year2025
About this property
Thornton Custom Homes new build in the Tuscany Ridge Subdivision. This floor plan will include 3 bedrooms, 2 full bathrooms, and 2 car garage. Split floor plan with open concept layout. Landscaping, fence, and sprinkler systems included. Wylie West schools.
Investor Tools
$320,000
Estimated Property Value
$199,742Estimated Mortgage Balance
$120,258Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,920 /month
Positive
Cash Flow Estimate:
$640 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$577/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,329
$296,996
2025
$30,000
$266,996
$296,996
No
Tax History
Year
Tax Paid
Assessed Value
2025
$5,329
$296,996
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Financial Bank Na
Conventional
$212,100
No
First
Mar 14, 2023
Apr 2053
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$199,742
$120,258
37%
62%
$1,272/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,460/mo
$1,272/mo
+$188/mo
5.5%
