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    Well-Maintained Duplex for Two Families Title is generated by Realmo AI

    7318 Mountain View Road, Abilene, TX 79602

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    Claim this Listing
    Pending
    $540,000

    MULTI_FAMILY - Abilene, TX

    Lot size:
    0.25 Acres
    Added:
    Apr 29, 2026
    Days on Market:
    39
    Last Refresh:
    Jun 6 at 10:06 am

    Property Features for 7318 Mountain View Road

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    6
    Bathrooms
    4
    Rooms
    Bedroom 1, Bedroom 5, Bedroom 4, Bathroom 3, Bedroom 3, Bathroom 4, Bathroom 2, Bathroom 1, Bedroom 2, Bedroom 6
    Parking
    4
    Parking features
    Driveway, Garage
    Interior features
    DecorativeDesignerLightingFixtures, GraniteCounters, OpenFloorplan, Pantry, CableTv, WalkInClosets
    Fencing
    Fenced
    Appliances
    Dishwasher, ElectricRange, ElectricWaterHeater, Disposal, Microwave, Refrigerator
    Standard status
    Pending
    APN
    1055859
    Lot size
    0.25 Acres

    Taxes and HOA fees

    Tax Description
    CARRIAGE HILLS ADDN SEC 1, BLOCK A, LOT 4, AC
    Tax Annual Amount
    10875

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central
    Cooling system
    Central Air, Electric
    Water source
    Public

    Building Details

    Year built
    2020
    Floors in Building
    1
    Number of units
    2
    Flooring type
    Paintedstained, Concrete
    Building materials
    Brick
    Roof type
    Composition

    We can help!

    Listing Contact
    Karie Zonker

    Listing agent Karie Zonker License #0623175

    Listing office KW SYNERGY* ABILENE, TX

    Listing date Apr 29, 2026

    MLS# 21241001 Listing URL

    Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Duplex built in 2020 in the Carriage Hills subdivision
    • Each side offers a 3‑bedroom, 2‑bath open floor plan with a 2‑car garage
    • Kitchens feature granite countertops, stainless steel appliances, and a corner pantry
    • Stained concrete flooring throughout and central heating with central electric air conditioning
    • Fenced backyards on each side with sprinkler systems and outdoor low‑maintenance space
    • Public utilities: public water and public sewer; roof is composition

    Overview

    This well-maintained duplex in the Carriage Hills subdivision offers a strong option for investors or owner-occupants seeking comfortable, flexible living. Each side features a spacious 3-bedroom, 2-bath layout with a 2-car garage. Interiors are designed around a large open-concept floor plan, with kitchens that include granite countertops, stainless steel appliances, and a corner pantry flowing into the living and dining areas. Stained concrete floors run throughout for durability and a modern look. Primary suites include tray ceilings and two closets, while additional storage closets throughout each unit help keep living spaces organized. Outside, fenced backyards with sprinkler systems provide a low-maintenance outdoor setting.

    The property is situated within the Wylie East school district, adding to its appeal for tenants and households looking for long-term stability. As a duplex, it also allows for two separate residences under one ownership structure, supporting a variety of living and investment approaches.

    With similar layouts on both sides, the home is well-suited for investors looking for straightforward unit comparability, as well as multi-generational buyers or owner-occupants who want the convenience of living on one side while benefiting from the other. The combination of open living spaces, modern kitchen finishes, and private, fenced yards supports broad tenant and resident appeal.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Map

    City
    Abilene
    County
    Taylor
    State
    Texas
    Longitude
    -99.722351
    Latitude
    32.371454

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    FAQs

    What type of property is this?
    Duplex - Spacious 3-bedroom, 2-bath duplex with modern finishes, fenced yards, and two-car garages on each side.
    Where is this duplex located?
    The property is located at 7318 Mountain View Road Abilene, TX.
    What is the asking price?
    The asking price for this property is $540,000.
    What are key features of this property?
    This property features: Duplex built in 2020 in the Carriage Hills subdivision; Each side offers a 3‑bedroom, 2‑bath open floor plan with a 2‑car garage; Kitchens feature granite countertops, stainless steel appliances, and a corner pantry
    (325) 692-4488
    We can help!
    Listing Contact
    Karie Zonker
    Real Estate License ID: 0623175
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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