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$286,000

NAL Estimated Property Value

818 Flat Water Drive, Abilene, TX, 79602

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,584 Sq Ft
price_per_sqft$135.73 / sqft
Year BuiltBuilt in 2012

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Plumbed For Ice Maker, Refrigerator
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesGarden
Lot Size7,013 sqft

Building Information

Year Built2012
Stories1
Roof Type105
Garage Spaces2

Land Information

APN42203014900
Lot Number12
SubdivisionIndian Wells Addn Sec 6
Land UseResidential
Legal DescriptionINDIAN WELLS ADDN SEC 6, BLOCK I, LOT 12, ACRES .161
Census Tract013404
Assessed Land Value$25,000
Assessed Improvement Value$233,112
Assessment Year2025

About this property

A peach of a property... peach trees too! A wonderful combination of brick & stone. Stone landscape curbing adds to great appeal. Beautiful hand scraped wood floors in living room in addition to wide crown molding make this home pop with a warm welcoming. Stone wood burning fireplace, decorative lighting, & natural light flows. Granite counter tops, breakfast bar & island, knotty alder cabinetry, pantry, stainless appliances, molding, cased windows, tile flooring, decorative lighting... so much this tasteful home offers. Split bedroom floor plan. Master bath boasts a walk in closet, corner tiled shower, jetted tub, dual sinks. Guest bath with tub & shower combination. Covered back patio, garden. 1 owner.

Investor Tools

Property Icon
$286,000
Estimated Property Value
$152,186Estimated Mortgage Balance
$133,814Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,716 /month
Positive
Cash Flow Estimate:
$572 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$487/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,417
$258,112
2025
$25,000
$233,112
$258,112
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,417
$258,112

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
City Bank
Conventional
$172,000
No
First
Jun 5, 2020
Jul 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$152,186
$133,814
46%
53%
$1,032/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,370/mo
$1,032/mo
+$338/mo
5.7%

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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818 Flat Water Drive | Property Details | No Agent List