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$307,000

7520 Lake Ridge Pkwy, Abilene, TX, 79602

$309,809 ARVInfo
Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,708 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$175.59 / sqft
Year BuiltBuilt in 2023

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 Oven, Electric Range, Electric Water Heater, Microwave
FlooringCarpet, Vinyl

Exterior

Lot Size9,453 sqft

Building Information

Year Built2023
Stories1
Roof Type105
Garage Spaces2

Land Information

APN17252052800
Lot Number4
SubdivisionCarriage Hills Addn Sec 3
Land UseResidential
Legal DescriptionCARRIAGE HILLS ADDN SEC 3, BLOCK Y, LOT 4, ACRES .217
Census Tract013404
Assessed Land Value$29,000
Assessed Improvement Value$266,949
Assessment Year2025

About this property

Representative is related to owner. Builder is providing $5K your way! New Lantrip's Custom Home in the desirable Carriage Hills Subdivision, close to Wylie East schools, Kirby Lake, and with easy access to Loop 322! Open the door and soak in the beautiful vinyl flooring and crown molding that extends throughout the living room, kitchen, and dining. Fall in love with the kitchen, with its white custom cabinets (soft-close hinges) and granite countertops, the corner pantry, and the generous island with sink. Walk into the owner suite and observe the elegant free-standing tub, walk-in shower, and generous closet with built-ins, perfect for keeping everything organized. Enjoy your morning coffee on the covered back porch. Fence is included, as well as irrigation and sod in front and back, and a flowerbed in front. Builder will provide a StrucSure 2-10 Warranty. Estimated completion- August 2023.

Investor Tools

Property Icon
$307,000
Estimated Property Value
$294,821Estimated Mortgage Balance
$20,949Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$309,808
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,842 /month
Positive
Cash Flow Estimate:
$614 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$570/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,304
$295,949
2025
$29,000
$266,949
$295,949
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,304
$295,949

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Freedom Mortgage Corp
Fha
$294,821
Yes
First
Sep 30, 2024
Oct 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$286,051
$20,949
6%
93%
$1,768/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,660/mo
$1,768/mo
$-108/mo
6.5%

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.

Explore Texas Explore This Area
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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7520 Lake Ridge Pkwy | Property Details | No Agent List