$712,000
●
House -
Off Market
4900 Meadow Drive
Abilene, TX 79606
5 Beds
1 Bath,
1
Half Bath
4,026 Ft²
$4,707
Est. Monthly
3.90%
Cap Rate
About This Property
Exquisite & sprawling custom home is situated on just shy 2 acres &
offers space & amenities galore! Circular driveway & welcoming
porch ushers guests inside to the stately home with functional
layout & an entertainer's dream. Sweeping ceilings top the spacious
living room with focal point fireplace & located conveniently off
chef's kitchen with hand crafted cabinetry, tons of counter space &
a convenient breakfast bar. 2nd main floor living boasts full wet
bar with wine rack, ice maker & beverage fridge + huge dining area
with built in buffet, the perfect spot to host loved ones. Primary
retreat leaves nothing to be desired & provides full en suite &
relaxation tub. Guest wing with bedroom & bath, perfect for an
inlaw suite. 2nd story provides 3rd living, media room or teen
hangout and adjoins 2 additional spacious bedrooms. Continue the
entertaining on the oversized slate patio overlooking newly
installed pool, pergola & firepit! Lastly, new shop & electric,
finishes out the estate!
Unit Size
4,026 Ft²
Days on Market
-
Land Size
1.98 acres
Price per sqft
$184
Property Type
House
Property Taxes
$1,073
HOA Dues
-
Year Built
1993
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Cap Rate Calculator
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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 years ago (NTREIS #20499053)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 20, 2024 | Sold | ||
| Sold | |||
| Dec 23, 2023 | Listed by Abilene Group Premier Real Estate Advisors LLC | $740,000 | |
| Listed by Abilene Group Premier Real Estate Advisors LLC | |||
| May 26, 2020 | Sold | ||
| Sold | |||
| Apr 2, 2020 | Listed by Realty Abilene | $469,000 | |
| Listed by Realty Abilene | |||
| | |||
|
Magnificent Sprawling Estate on 1.98 Acres. Grand Entry into Formal Living with Soaring Ceiling & Brick Fireplace Opens to Chef's Dream Kitchen: Dual Pantries, New Appliances, Abundant Countertop & Cabinet Space. Half Bath. Ground Floor Master Suite with Remodeled Bath & Wrap Around Closet. Enormous Addition Built in 2009 includes Living Room featuring Wet Bar Complete with Drink Fridge & New Chipped Ice Maker, Dining Area, Walk-In Storage Closets, 2 Bedrooms, & Full Bath. Upstairs Features 2 Additional Bedrooms, a Full Bath & Generous Living Area with Walk-In Closets. Energy Efficient Foam Insulation throughout Attic. Slate Tiled Patio Overlooks Park-like Backyard. 2 New Central Heat & Air Units. Move In Ready
| |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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HOA + Taxes
About Far Southside
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Listed by: Kristi Andrew, Abilene Group Premier Real Estate Advisors LLC
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20499053
Details provided by NTREIS and may not match the public record
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20499053
Details provided by NTREIS and may not match the public record
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Phone: 425-283-2930
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