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$416,000

NAL Estimated Property Value

748 Westwood Drive, Abilene, TX, 79603

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths4,342 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$65.52 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 4Bathrooms 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Convection Oven, Double Oven, Plumbed For Ice Maker, Tankless Water Heater, Electric Water Heater, Gas Water Heater
FlooringCarpet, Ceramic Tile, Concrete, Terrazzo, Wood

Exterior

Exterior FeaturesDog Run, Fire Pit
Lot Size13,207 sqft

Building Information

Year Built1960
Stories2
Roof Type105
Garage Spaces2

Land Information

APN68400002600
Lot Number68
SubdivisionWoodlawn Addn
Land UseResidential
Legal DescriptionWOODLAWN ADDN, BLOCK A, LOT 68
Census Tract011300
Assessed Land Value$16,508
Assessed Improvement Value$397,248
Assessment Year2025

About this property

Space & storage galore in this beautiful 4 bedroom, 3 1-2 bath creek side home shaded by large trees. Numerous windows provide lots of natural light throughout. Wood floors flow from entry, formal & into the living room accentuated by a curved stone fire place & mantel. Built-in buffet in dining room, plus double ovens, gas cook top, casual dining & breakfast bar allow for great gatherings! Upstairs game room could be great home school room... bring your ideas! Exercise room, hot tub, full bath, located off master is perfect for getting in shape with a wonderful view to the back yard. Two car garage, swing drive, dog run, fire pit, two covered back patios, covered front porch & ledgestone exterior.

Investor Tools

Property Icon
$416,000
Estimated Property Value
$256,028Estimated Mortgage Balance
$159,972Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,496 /month
Positive
Cash Flow Estimate:
$832 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$173/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$413,756
2025
$16,508
$397,248
$413,756
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$413,756

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mid-Continent Funding Inc
Va
$291,170
Yes
First
Mar 6, 2020
Apr 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$256,028
$159,972
38%
62%
$1,746/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,649/mo
$1,746/mo
$-97/mo
4.8%

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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748 Westwood Drive | Property Details | No Agent List