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$322,000

2502 Republic Ave, Abilene, TX, 79601

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,779 Sq Ft
price_per_sqft$168.07 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Microwave, Tankless Water Heater, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Exterior FeaturesPrivate Yard
Lot Size7,362 sqft

Building Information

Year Built2024
Stories1
Roof Type105
Garage Spaces2

Land Information

APN37500038200
Lot Number7
SubdivisionHeritage Parks Addn Sec 11
Land UseResidential
Legal DescriptionHERITAGE PARKS ADDN SEC 11, BLOCK N, LOT 7, ACRES .169
Census Tract013300
Assessed Land Value$33,495
Assessed Improvement Value$259,610
Assessment Year2025

About this property

GORGEOUS NEW HOME!! D.R. HORTON AMERICA'S BUILDER is EXCITED TO SERVE AS YOUR HOME BUILDER in the FABULOUS COMMUNITY of HERITAGE PARKS in ABILENE! Fabulous Single Story 4 BEDROOM Oxford Floorplan-Elevation A, with a quick estimated August completion. Open Living, Dining and well designed Chef's Kitchen complete with Island, stainless steel Appliances, gas Range, Granite Countertops, 4 in Granite Backsplash, stainless steel undermount Sink and W-I Pantry. Large Living and over sized Primary Bedroom with Granite topped vanity, 5 foot over sized shower and big W-I Closet. Wood shelving in closets and Gas Water Heater. Luxury Vinyl Plank flooring with plush carpet only in the Bedrooms. Double pane-low E Windows plus Home is Connected Smart Home Technology Pkg. Covered front porch, wide covered back Patio, 6 ft wood private fenced backyard with metal posts, Landscape Pkg with full sod, Sprinkler System with rain sensor and more!

Investor Tools

Property Icon
$322,000
Estimated Property Value
$295,000Estimated Mortgage Balance
$35,775Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,932 /month
Positive
Cash Flow Estimate:
$644 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$169/month
$144/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$422
$293,105
2025
$33,495
$259,610
$293,105
No

Tax History

Year
Tax Paid
Assessed Value
2024
$422
$293,105

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dhi Mortgage Company Ltd
Va
$295,000
Yes
First
Sep 10, 2024
Oct 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$286,225
$35,775
11%
89%
$1,769/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,360/mo
$1,913/mo
$-553/mo
5.1%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Abilene

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2502 Republic Ave | Property Details | No Agent List