7714 Freedom Crest Avenue
About This Property
New layout from LK Custom Homes brings fresh style and easy function to 7714 Freedom Crest in Abilene. This 4 bedroom, 2 bath new construction home offers approximately 1,700 sq ft with vinyl flooring throughout for a clean, connected feel from room to room. The kitchen is planned with quartz countertops, adding a polished finish to the main living space. A 2-car garage adds everyday convenience, while the estimated October 2026 completion gives buyers time to plan ahead. Exterior features include full landscaping, a sprinkler system, sod, and a 6 ft privacy fence, giving the yard a finished look from the start. Set in the Wylie ISD East area, the location keeps you close to Hendrick Medical Center South, Abilene Regional Airport, and Kirby Lake for outdoor time nearby. A smart mix of new construction, durable finishes, and Abilene location makes this home a strong option to keep on your list.
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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.
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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 |
|---|---|---|---|
| May 23, 2026 | In contract | - | |
| In contract | |||
| May 7, 2026 | Listed by Berkshire Hathaway HS Stovall | $340,000 | |
| Listed by Berkshire Hathaway HS Stovall | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017