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Abilene 79602
517 Running Water Trail
$304,000
● House - Off Market

517 Running Water Trail

Abilene, TX 79602
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,636 Ft²
$1,503
Est. Monthly

About This Property

Immaculate 3 bedroom 2 bath home located in quiet cut da sac. Split floorpan.  Stone fireplace. Tile flooring. Granite countertops. Open kitchen and living concept.  Gorgeous Alder cabinetry. Beautiful and spacious back yard features an extended concrete patio and shop with electricity.  Tall ceilings. Master bedroom and bath include walk-in shower, double vanity, soaking tub and oversized walk in closet with safe.  Wylie schools.
Unit Size
1,636 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$187
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2015

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Cap Rate Calculator

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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: 2 years ago (NTREIS #21026097)

Price History

Date / Event Date Event Price
Sep 22, 2025 Sold
Premium
Sold
Aug 11, 2025 Listed by Sendero Properties, LLC $306,000
Listed by Sendero Properties, LLC

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2015
  • Effective Year Built: 2015
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 493
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,587
  • Lot Size Depth Feet: 1,970
  • Lot Size Frontage Feet: 590
  • Total Building Area: 2,129
  • Gross Building Area: 2,129
  • Building Area: 1,636
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,636
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DAKOTA SPRINGS SEC 3
  • Land Acres: 0000000266
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: DAKOTA SPRINGS SEC 3, BLOCK H, LOT 6, ACRES .266

Neighborhood

  • School District Name: Wylie Independent School District
  • Census Tract: 013404

Geography

  • Parcel: 994399
  • Block: H
  • Lot: 6
  • Municipality: ABILENE
  • Latitude: 32.3888
  • Longitude: -99.7154

    Address

  • Full Address: 517 Running Water Trl
  • Address - House Number: 517
  • Address - Street Name: Running Water
  • Address - Suffix Type: Trl
  • State: TX
  • City Name: Abilene
  • Carrier Code: R020
  • 4-Digit Zip Code: 7064
  • Zip Code: 79602

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $559,737
  • Tax Rate Code Area: CAB GTA SW

    Appraisal Valuation

  • Standard Deviation: 0.2207
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 69
  • Final Value: 300,649
  • High Value: 367,010
  • Low Value: 234,288

    Market Valuation

  • Market Total Value: $270,381
  • Market Land Value: $27,000
  • Market Improvement Value: $243,381

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $258,838

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 16, 2015
  • Current Sale Recording Date: Jul 20, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 2015-00010986
  • Previous Sale Recording Date: Mar 04, 2015
  • Previous Sale Contract Date: Feb 26, 2015
  • Previous Sale Amount: $182,500
  • Previous Sale Document Type: 40
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Abilene

Stats & Trends

Median Asking:

$269,990

Sale Price/ft²

$165

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1924 ft²

Average Home Age

44.4 years

Currently For Sale

262 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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NTREIS

Listed by: Amy Brumley, Sendero Properties, LLC
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 21026097
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 517 Running Water Trail built and last sold?
The property at 517 Running Water Trail was built in 2015 and last sold on Jul 16, 2015 for $100,000.
How much is this home worth?
The estimated value of the home located at 517 Running Water Trail is $0.
What are some comparable homes to 517 Running Water Trail?
There are currently no comparable homes to 517 Running Water Trail.
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