40
Map
$499,000
↓ $16K (3.1%)
●
House -
For Sale
38 Cypress Point Street
Abilene, TX 79606
3 Beds
3 Baths
2,498 Ft²
$3,076
Est. Monthly
$28
HOA / Fees
About This Property
Welcome home to this beautiful 3-bedroom, 3-bath home located on a
quiet cul-de-sac in the highly sought-after Fairway Oaks golf
course community and Wylie West ISD! The spacious, open-concept
living area is perfect for both everyday living and entertaining,
featuring a gorgeous gas fireplace that creates a warm and inviting
focal point. The home offers two dining areas and a convenient wet
bar, providing plenty of space for hosting family and friends.
Step outside to an oversized backyard with endless
possibilities for entertaining, play, pets, or even a future pool.
The property also features a large driveway with extra parking, a
rare and valuable bonus. With its desirable cul-de-sac location,
spacious layout, and prime location in Fairway Oaks, this home
offers the perfect combination of comfort, space, and location.
Don't miss the opportunity to make this Fairway Oaks home your
own!
buyer and buyers agent to verify square footage, materials, and Schools.
buyer and buyers agent to verify square footage, materials, and Schools.
Unit Size
2,498 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$200
Property Type
House
Property Taxes
$597
HOA Dues
$28
Year Built
1981
Listed By
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 days ago (NTREIS #21367479)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 2, 2026 | Price Decreased |
$499,000
↓ $16K
(3.1%) | |
| Price Decreased | |||
| Aug 25, 2026 | Listed by KW SYNERGY* | $515,000 | |
| Listed by KW SYNERGY* | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Additional Parking, Driveway, Garage, Garage Door Opener, Garage Faces Side, Oversized, Parking Pad, Garage Single Door
Garage Spaces: 2
Interior Details
Full Bathrooms: 3
Interior Features: Double Vanity, Eat-in Kitchen, Granite Counters, High Speed Internet, Pantry, Walk-In Closet(s), Wet Bar, Cable TV Available, Decorative Lighting, Flat Screen Wiring
Appliances: Dishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave
Flooring Type: Carpet, Ceramic Tile, Luxury Vinyl Plank
Laundry Features: Utility Room
Has Fireplace
Fireplace Features: Gas Log
Fireplaces: 1
Exterior Details
Square Footage: 2498
Security Features: Smoke Detector(s)
Year Built: 1981
Levels: One
Construction Materials: Brick
Patio and Porch Features: Covered, Front Porch, Rear Porch
Lot Features: Cul-De-Sac, Landscaped, Lrg. Backyard Grass, Sprinkler System
Lot Size Area: 0.344
Lot Size Units: Acres
Lot Size Acres: 0.344
Lot Size Square Feet: 14984.64
Tax Lot: 10
Financial Details
Tax Annual Amount: $7,167
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air, Electric
Heating Type: Central, Electric
Location Details
HOA/Condo/Coop Fee Includes: Management Fees
HOA Fee: $340
HOA Fee Frequency: Annually
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Chimney Rock Area
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Stacy Doby, KW SYNERGY*
Last Updated: 3 days ago
Data Source: NTREIS MLS, MLS# 21367479
Details provided by NTREIS and may not match the public record
Last Updated: 3 days ago
Data Source: NTREIS MLS, MLS# 21367479
Details provided by NTREIS and may not match the public record
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017