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Abilene 79602
617 Running Water Trail
$288,000
● House - Off Market

617 Running Water Trail

Abilene, TX 79602
bedrooms
3 Beds
bathrooms
0 Bath
square feet
1,723 Ft²
$2,004
Est. Monthly
3.80%
Cap Rate

About This Property

Beautifully maintained home in the Wylie East school district. The house has a split floorplan with a large, open living-kitchen-dining area for entertaining. There are several nice, convenient finishes like a double oven, enclosed office area, and beautiful wood flooring. Move-in ready condition with neutral paint throughout and zero carpet!
Unit Size
1,723 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$168
Property Type
House
Property Taxes
$583
HOA Dues
-
Year Built
2012

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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 #20815353)

Price History

Date / Event Date Event Price
Mar 11, 2025 Sold
Premium
Sold
Jan 21, 2025 In contract -
In contract
Jan 13, 2025 Listed by ACR-ANN CARR REALTORS $289,500
Listed by ACR-ANN CARR REALTORS

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2012
  • Effective Year Built: 2012
  • 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: 483
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,882
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,206
  • Gross Building Area: 2,206
  • Building Area: 1,723
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,723
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DAKOTA SPRINGS ADDN
  • Land Acres: 0000000158
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: DAKOTA SPRINGS ADDN, BLOCK H, LOT 2, ACRES .158

Neighborhood

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

Geography

  • Parcel: 225732
  • Block: H
  • Lot: 2
  • Municipality: ABILENE
  • Latitude: 32.389
  • Longitude: -99.7145

    Address

  • Full Address: 617 Running Water Trl
  • Address - House Number: 617
  • Address - Street Name: Running Water
  • Address - Suffix Type: Trl
  • State: TX
  • City Name: Abilene
  • Carrier Code: R020
  • 4-Digit Zip Code: 7047
  • Zip Code: 79602

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $558,649
  • Tax Rate Code Area: SWY

    Appraisal Valuation

  • Standard Deviation: 0.218
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 313,419
  • High Value: 381,767
  • Low Value: 245,070

    Market Valuation

  • Market Total Value: $275,619
  • Market Land Value: $25,000
  • Market Improvement Value: $250,619

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $258,335

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 09, 2017
  • Current Sale Recording Date: Mar 10, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 2017-00003702
  • Previous Sale Recording Date: Jan 31, 2013
  • Previous Sale Contract Date: Jan 30, 2013
  • Previous Sale Amount: $178,200
  • Previous Sale Document Type: 70
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:

$274,900

Sale Price/ft²

$166

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1946 ft²

Average Home Age

42.3 years

Currently For Sale

295 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: Kimberly Smith, ACR-ANN CARR REALTORS
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 20815353
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 617 Running Water Trail built and last sold?
The property at 617 Running Water Trail was built in 2012 and last sold on Mar 9, 2017 for $243,400.
How much is this home worth?
The estimated value of the home located at 617 Running Water Trail is $0.
What are some comparable homes to 617 Running Water Trail?
There are currently no comparable homes to 617 Running Water Trail.
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