5002 Meadow Drive
About This Property
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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%.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 27, 2026 | Sold | ||
| Sold | |||
| Jan 16, 2026 | In contract | - | |
| In contract | |||
| Nov 6, 2025 | Listed by Coldwell Banker Apex, REALTORS | $565,000 | |
| Listed by Coldwell Banker Apex, REALTORS | |||
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Discover unparalleled sophistication in this stunning three-bedroom, two-bath residence, nestled in south Abilene Wylie school district, that sits on 1.35 acres. With an elegant blend of modern updates and timeless charm, this property offers a luxurious lifestyle featuring high-quality finishes and expansive amenities.
Upon entering, you’re greeted by vaulted ceilings and wainscoting that add grandeur to the spacious living areas. The meticulously upgraded kitchen is a chef’s dream, boasting a new induction stovetop, quartz countertops, built-in oven with air fry. All appliances, including washer and dryer, stay. Relax in comfort with the newly upgraded HVAC system and enjoy consistent energy efficiency provided by double pane windows and extra attic insulation. Updated bathrooms, new interior doors and a beautiful new Pella front door enhance the home’s aesthetic and functionality.
The exterior is just as impressive with a new 50 year impact resistant asphalt shingle roof and a new front and rear sprinkler system ensuring lush landscaping throughout the year. Enjoy outdoor living with the expansive green areas, complete with newer fencing surrounded by the shade of mature oak trees. Additional standout features include a 26'X28' she-shed with a mini split system, a 24'X36' work-hobby shop with mini split system and electric plugs galore including 220. Work shop has covered parking for up to 9 cars or storage for equipment.
Property also includes an insulation 10’x12’ storage building, a custom chicken coop with dusk to dawn auto doors and a secure dog run provide versatile spaces for personal projects or leisure activities. The combination of luxury, style and practicality make this home a true gem in Abilene, Tx.
Embark on a journey of comfort and luxury with this extraordinary property designed to cater to those with an appreciation for superior quality and attention to detail. Experience unparalleled living today.
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| Oct 20, 2021 | Sold | ||
| Sold | |||
| Jun 23, 2021 | Listed by Coldwell Banker Apex, REALTORS | $329,900 | |
| Listed by Coldwell Banker Apex, REALTORS | |||
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Gorgeous well maintained home on over an acre with a large all electric shop! Located in Wylie ISD this home boosts 2850 square feet and mature landscaping. Modern kitchen with white cabinets, neutral back splash, and large granite island that has room for seating. With ceramic tile throughout the main areas it serves as easy clean up or a blank slate to add flooring. Large eye catching brick fireplace in the living room and many windows to bring in natural light. Separate designated office area with built in cabinets for storage. Primary room has soaking bathtub, separate shower, and huge walk in closet. Lots of covered parking and beautiful brick pavers to the shop.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017