727 Key Lane

Abilene, TX
$ 525,500 Beds 3 Baths 2 Sq 2,517 Virtual Tour
Monthly Estimate* How much can I afford?

Looking for land, privacy, and a home with true Texas character that also has room for all your animals, equipment and toys? This Ranch Style home offers a great layout and timeless architectural elements with character you don't find in new homes anymore with Ag Exemption to help on Taxes. The home is set back over 320 yards from the road, giving a nice long driveway for privacy. Outbuildings include and old farm shed for crafting or workshop, a brand new 30x25x11 detached garage, and a newer 42x30x8 spray foam insulated shop. When you walk inside, the spacious living room welcomes you with dramatic vaulted ceilings, original wood paneling, and a handsome brick fireplace that centers the room with Retro Chic warmth. The interior retains its original 1970s nostalgic finishes, while some major updates have been complete, such Class 4 Roof in 2024 with gutters, 3.5 ton HVAC in 2023, and foundation repaired in 2024. The primary bedroom includes Plantation Shutters, a walk in closet and an ensuite that retro design enthusiasts will love. The other two guest bedrooms include spacious walk in closets as well. The guest bathroom is full of cabinet and counter space so everyone has their own space for storage. There is a front sunroom for morning coffee, or if you prefer evening drinks, and, or entertaining, the back covered patio is an oasis with great views. The front cleared pasture is fenced separately from the house and driveway. The house is surrounded by mature Oak Trees, giving plenty of shade and bird watching. Outside, the land extends its arms to equestrians and hobby farmers alike. The expansive acreage invites exploration, be it horseback rides, ATVs, or leisurely walks amidst the wildflowers. Experience the freedom of wide-open spaces while being conveniently located within a short drive to Abilene’s amenities and services. No known restrictions.

Active

  • Price
  • $ 525,500
  • City
  • Abilene
  • Bedrooms
  • 3
  • Full Bathrooms
  • 2
  • County
  • TAYLOR
  • Half Bathrooms
  • 0
  • Area
  • Lot Size
  • 14.53 Acres
  • Zip
  • 79602
  • Sqr Footage
  • 2,517
  • Year Built
  • 1977
  • Taxes
  • $ 4272
  • Style
  • Ranch
  • MLS#
  • 21344001
Listed By: Coldwell Banker Apex, REALTORS
Data Source: North Texas Real Estate Info Systems (NTREIS)

Features

General

Heating Central,Electric
Cooling Central Air,Electric
Utilities Co-op Electric,Co-op Water,Gravel/Rock,Outside City Limits,Septic
Possession Closing/Funding
Roof Composition
Appliances Dishwasher,Electric Cooktop,Electric Oven,Microwave,Refrigerator
Easements Pipeline,Utilities
Number of Garage Spaces 2
School District Wylie ISD,Taylor Co.
Exclusions Arena and panels associated with arena,Roping chute,stripping chute,goat and cattle panels,round pen,dog kennel,and farm equipment
Year Built 1977
Architectural Style Ranch
Levels One
AG Exemption Yes
Unexempt Taxes 4272
Will Subdivide No
Property Subtype Single Family Residence
Subdivision Name (962) WYLIE ISD RURAL ABSTRACTS
Transaction Type For Sale
Occupant Type Vacant
Carport Spaces 1
County Taylor
Property Type Residential
Construction Materials Brick
Year Built Details Preowned
HOA Type None
Special Notes Aerial Photo,Flood Plain,Survey Available,Utility Easement
Full Baths 2
Status Active
Directions From Abilene,take 1750 south towards Potosi. Then take right onto Old Colemen Hwy then left onto Key Lane. House will be on the right side before Nora Miller Rd.
City Abilene
Elementary School Name Wylie East
High School Wylie
Elementary School Wylie East
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/ntreis/21344001
Standard Status Active
Listing Terms Cash,Conventional,FHA,VA Loan

Interior Features

Interior Features High Speed Internet Available,Natural Woodwork,Paneling,Walk-In Closet(s)
Flooring Carpet,Ceramic Tile,Linoleum
Fireplace Features Blower Fan,Brick,Wood Burning
Fireplaces Total 1
Dining Areas 1
Living Areas 1
Room Count 2
Lock Box Type Combo
Total Bedrooms 3
Total Baths 2
Laundry Features Utility Room,Full Size W/D Area

Exterior Features

Exterior Features Rain Gutters
Lot Features Acreage,Agricultural,Lrg. Backyard Grass,Pasture,Tank/ Pond
Fencing Cross Fenced,Fenced,Gate,Wire
Garage Length 25
Garage Width 30
Other Structures Shed(s),Workshop,Workshop w/Electric
Parking Features Detached Carport,Garage,Gravel
Lot Size 10 to < 50 Acres
Covered Spaces 3
Foundation Slab
Lot Size Area 14.5300
Lot Size Units Acres
Structural Style Single Detached
Garage Y/N Yes
Lot Size Square Feet 632926.8000
Lot Size Acres 14.5300
Patio And Porch Features Covered,Patio

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Waco, TX office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Wylie East Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

7/29/2026 Listed $538,500
8/27/2026 3% - $525,500

Property vs Zip Code Average in 79602

Price
AVG $460K
$530K
Taxes
AVG $6,192
$4,272
Year Built
AVG 2005
1977
Visits
AVG 96
58
Data Provided by Inside Real Estate®

Areas That We Cover

727 Key Lane Abilene, TX is a Single Family Home for sale at $525500 with 2517 sqft and a lot size of 14.53 Acres Acre(s). 727 Key Lane Abilene has 3 bedrooms, 2 baths and was built in 1977. The property's zip code is 79602 which is in Abilene, TX

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.