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$685,000

NAL Estimated Property Value

8456 Spinks Road, Abilene, TX, 79603

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,884 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$238.85 / sqft
Year BuiltBuilt in 1957

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, Electric Cooktop, Electric Oven, Electric Water Heater, Double Oven
FlooringCarpet, Laminate

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Lighting, Private Yard, Storage
Lot Size48.12 acres

Building Information

Year Built1957
Stories1
Roof Type312
Garage Spaces11

Land Information

APNA1811000600
SubdivisionSur 12 T & P Ry Co
Land UseResidential
Legal DescriptionA1811 SUR 12 T & P RY CO, BLOCK 16, ACRES 48.12
Census Tract013200
Assessment Year2025

About this property

Country Living situated on 48 Acres, offering a unique horse property with panoramic views! Well maintained three-bedroom, two bath, brick home featuring a spacious living with vaulted wood-beamed ceilings, floor to ceiling stone fireplace and wet bar. Large kitchen with ample cabinets. Generous size bedrooms. Separate two car garage. Enjoy your evenings on the covered porch that wraps around to a fenced yard with a separate pergola and seating, perfect for gatherings. Fully fenced, featuring a pipe roping arena with a chute and exterior lighting! 10 stall horse barn with 2 tack rooms, hay barn and grain silo. Separate fenced pasture for all your livestock. Merkel Schools. Conveniently located close to town.

Investor Tools

Property Icon
$685,000
Estimated Property Value
$339,018Estimated Mortgage Balance
$345,982Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,110 /month
Positive
Cash Flow Estimate:
$1,370 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$671/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,625
$641,178
2025
N/A
N/A
$721,568
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2025
$4,625
$641,178

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Capital Farm Credit Aca
Unknown
$361,250
No
First
Jan 17, 2023
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$339,018
$345,982
50%
49%
$2,166/mo

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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8456 Spinks Road | Property Details | No Agent List