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$304,999

7432 Lake Ridge Pkwy, Abilene, TX, 79602

$382,484 ARVInfo
Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,738 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$175.49 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringCarpet, Vinyl

Exterior

Lot Size9,453 sqft

Building Information

Year Built2021
Stories1
Roof Type105
Garage Spaces2

Land Information

APN17252035400
Lot Number8
SubdivisionCarriage Hills Addn Sec 2
Land UseResidential
Legal DescriptionCARRIAGE HILLS ADDN SEC 2, BLOCK Q, LOT 8, ACRES .217
Census Tract013404
Assessed Land Value$29,000
Assessed Improvement Value$288,158
Assessment Year2025

About this property

This beautiful and impeccable home is located in the Wylie East School District, near Kirby Lake. This is one of the few homes in this area that has a BEAUTIFUL SUNSET view of the lake from the backyard. It is a 4 bedroom, 2 bath home, has a split floor plan with lots of natural light. The spacious kitchen has stainless steel appliances, granite countertops and beautiful light fixtures. Primary ensuite bathroom has a large soaking tub, separate stand alone shower, dual granite countertops and large walk in closet. The well maintained backyard has a large covered patio with the gorgeous sunset view. All measurements and school district to be verified by buyers and buyers agent

Investor Tools

Property Icon
$317,158
Estimated Property Value
$316,490Estimated Mortgage Balance
$4,827Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$382,484
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,903 /month
Positive
Cash Flow Estimate:
$634 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$782/month
$250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,797
$317,158
2025
$29,000
$288,158
$317,158
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,797
$317,158

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Iconic Mortgage Corp
Va
$316,490
Yes
First
Aug 11, 2025
Sep 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$312,331
$4,827
1%
98%
$1,898/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,660/mo
$2,148/mo
$-488/mo
6.3%

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.

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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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7432 Lake Ridge Pkwy | Property Details | No Agent List