Last 24 Hours
$308,000
NAL Estimated Property Value7425 Security Lane, Abilene, TX, 79602
Off Market
3 Beds
2 Bath
1,704 Sq Ft
Single Family Residence
$157.86 / sqft
Built in 2021Property Lead Type:
Off-Market ListHigh Equity
Highlights
Interior
Bedrooms 3
Bathrooms Full 2
Indoor Fireplace
Garage Available
Heating Central
CoolingAppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan, Electric Water Heater
FlooringCarpet
Exterior
Lot Size6,839 sqft
Building Information
Year Built2021
Stories1
Roof Type105
Garage Spaces2
Land Information
APN17252030900
Lot Number7
SubdivisionCarriage Hills Addn Sec 2
Land UseResidential
Legal DescriptionCARRIAGE HILLS ADDN SEC 2, BLOCK L, LOT 7, ACRES .157
Census Tract013404
Assessed Land Value$29,000
Assessed Improvement Value$268,532
Assessment Year2025
About this property
Another great home by Concept Custom Builders! This 3 bedroom, 2 bath open floor plan home will feature granite counters throughout, white cabinetry, SS appliances, & a one-level island in the kitchen. Luxury Vinyl plank flooring planned for main areas, carpet in bedrooms. Primary Suite with ensuite with dual sink vanity, granite counters, garden soaking tub, separate tiled shower, & walk-in closet. Builder Warranty, wood privacy fence, sprinkler system & landscaping included at NO extra add on charge! Neighborhood is located in AISD & Abilene ISD taxes apply. Students are allowed no-cost transfers into Wylie ISD. HOA not yet formed. Est completion December 2021. (room sizes rounded)
Investor Tools
$308,000
Estimated Property Value
$52,556Estimated Mortgage Balance
$255,444Estimated Equity
82% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,848 /month
Positive
Cash Flow Estimate:
$616 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$738/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,314
$297,532
2025
$29,000
$268,532
$297,532
No
Tax History
Year
Tax Paid
Assessed Value
2025
$7,314
$297,532
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First National Bank Albany/Breckenridge
Building Or Construction Loan
$57,552
No
First
Oct 2, 2021
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$52,556
$255,444
82%
17%
$346/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,370/mo
$346/mo
+$1,024/mo
5.3%
12.4%