7681 Florence Drive
About This Property
Discover your new home nestled in a serene corner of Abilene, TX. This delightful 3-bedroom, 2-bath residence, with a 2-car garage, offers a perfect balance of modern convenience and timeless elegance. Situated on a prominent corner lot and wrapped in a classic brick exterior, this property stands out for its striking curb appeal and inviting ambiance. Step inside to find an open floor plan that seamlessly connects the living, dining, and kitchen areas, creating a spacious and inviting environment for both relaxation and entertainment. The interior boasts beautiful tile flooring in the main living area, providing durability and easy maintenance. Cozy up to the inviting fireplace, a focal point of the living room, perfect for those chilly Abilene winters. The well-designed kitchen features ample countertops and cabinets, making meal preparation a pleasure. The open layout ensures the cook is never far from the conversation when entertaining guests. The primary suite is a sanctuary for relaxation, complete with a private bathroom. The additional two bedrooms offer flexibility for use as bedrooms, a home office, or a workout area. Each bathroom is designed for comfort and functionality, adding to the home's overall appeal. The back porch fireplace adds a bit of warmth for back porch sitting. This property is not just a house but a home where you can create memories and enjoy the tranquil lifestyle Abilene has to offer. Experience modern living with a touch of classic charm. Don't miss the opportunity to make this wonderful house your home.
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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%.
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 6, 2026 | Sold | ||
| Sold | |||
| Nov 29, 2025 | In contract | - | |
| In contract | |||
| Nov 21, 2025 | Price Decreased |
$289,000
↓ $5K
(1.7%) | |
| Price Decreased | |||
| Nov 13, 2025 | Price Decreased |
$294,000
↓ $5K
(1.7%) | |
| Price Decreased | |||
| Oct 18, 2025 | Listed by Coldwell Banker Apex, REALTORS | $299,000 | |
| Listed by Coldwell Banker Apex, REALTORS | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017