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Abilene 79602
850 Flat Water Drive
$280,000
● House - Off Market

850 Flat Water Drive

Abilene, TX 79602
bedrooms
4 Beds
bathrooms
0 Bath
square feet
1,807 Ft²
$294,833
RealtyHop Estimate
5.30%
Since Mar 1, 2022
National-US
Primary Model

About This Property

Impressive custom-built, four-bedroom home in Wylie ISD. Superbly maintained with attention to detail throughout, this gorgeous home is sure to please! Spacious living highlights the floor to ceiling stone fireplace with gorgeous crown molding and stunning hand-scraped wood floors! Beautiful chef's kitchen designed with quality finishes including knotty alder cabinets, stainless dual oven, granite counters and tiled backsplash. Large master suite features a spa-like bath complete with a jetted tub, tiled shower and walk-in closet. Split floor plan with a functional layout, features recessed ceilings and ample closet space. Large fenced yard, covered porch and firepit provide the perfect place to entertain.
Unit Size
1,807 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$155
Property Type
House
Property Taxes
$455
HOA Dues
-
Year Built
2013

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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.

Last updated: 3 years ago (NTREIS #14734200)

Price History

Date / Event Date Event Price
Feb 15, 2022 Sold
Premium
Sold
Jan 5, 2022 Listed by Sendero Properties, LLC $280,000
Listed by Sendero Properties, LLC

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2013
  • Effective Year Built: 2013
  • 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: 440
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,013
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 640
  • Total Building Area: 2,246
  • Gross Building Area: 2,246
  • Building Area: 1,806
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,806
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: INDIAN WELLS ADDN SEC 6
  • Land Acres: 0000000161
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: INDIAN WELLS ADDN SEC 6, BLOCK I, LOT 16, ACRES .161

Neighborhood

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

Geography

  • Parcel: 984218
  • Block: I
  • Lot: 16
  • Municipality: ABILENE
  • Latitude: 32.3886
  • Longitude: -99.7107

    Address

  • Full Address: 850 Flat Water Dr
  • Address - House Number: 850
  • Address - Street Name: Flat Water
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Abilene
  • Carrier Code: R020
  • 4-Digit Zip Code: 7052
  • Zip Code: 79602

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $618,460
  • Tax Rate Code Area: SWY

    Appraisal Valuation

  • Standard Deviation: 0.1983
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 325,837
  • High Value: 390,476
  • Low Value: 261,198

    Market Valuation

  • Market Total Value: $285,993
  • Market Land Value: $25,000
  • Market Improvement Value: $260,993

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $285,993
  • Assessed Land Value: $25,000
  • Assessed Improvements Value: $260,993

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 15, 2022
  • Current Sale Recording Date: Feb 16, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 3356
  • Previous Sale Recording Date: Jan 02, 2018
  • Previous Sale Contract Date: Dec 27, 2017
  • Previous Sale Amount: $217,400
  • 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:

$269,990

Sale Price/ft²

$165

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1934 ft²

Average Home Age

44.8 years

Currently For Sale

265 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

Unit for rent at 1318 Baylor, Abilene, TX, 79602

$1,995 /mo

  • 3 Beds
  • 1 Bath
  • 888 ft²
1318 Baylor, Abilene, TX, 79602 Listing by Michael Powell

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Chelsea Pemberton, Sendero Properties, LLC
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14734200
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 850 Flat Water Drive built and last sold?
The property at 850 Flat Water Drive was built in 2013 and last sold on Feb 15, 2022 for $292,600.
How much is this home worth?
The estimated value of the home located at 850 Flat Water Drive is $0.
What are some comparable homes to 850 Flat Water Drive?
There are currently no comparable homes to 850 Flat Water Drive.
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