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$475,000

1031 N 6th St, Abilene, TX, 79601

On MarketInfo
CommercialInfo
Baths1,500 Sq Ft
BusinessBusiness
price_per_sqft$1.47 / sqft
Year BuiltBuilt in 1950

Highlights

Interior

Heating CentralHeating Central
CoolingCooling
FlooringVinyl

Exterior

Lot Size1,498 sqft

Building Information

Year Built1950
Stories1
Roof Type172

Land Information

APN70100051300
Lot Number12
SubdivisionOt Abilene Tif #1
Land UseCommercial
Legal DescriptionOT ABILENE TIF #1, BLOCK 71, LOT E30 LT 12
Census Tract011000
Assessed Land Value$9,563
Assessed Improvement Value$209,437
Assessment Year2025

About this property

Prime commercial building in the vibrant heart of downtown Abilene, offering unmatched visibility and foot traffic just half a block east of the DoubleTree Hotel and directly south of the Abilene Convention Center. This standout property combines modern upgrades with an unbeatable location, having undergone a comprehensive renovation approximately ten years ago that included all-new electrical, plumbing, HVAC, windows, roof, paint, flooring, lighting, insulation, and an ADA-compliant restroom. The result is a clean, efficient, and highly functional space ready to support a wide range of businesses without the need for immediate improvements. Zoned Central Business, this property benefits from some of the most flexible land-use options in the city, making it an exceptional opportunity for both investors and owner-users. Potential uses span an impressive variety of industries, including retail, medical, professional office, standard or fast-food restaurant, personal services, printing operations, indoor repair and maintenance, school, church, day care, trade school, and liquor store. Surrounded by ongoing downtown revitalization, hotels, restaurants, entertainment venues, and major civic attractions, this location positions your business for growth and success. Whether you are looking to establish a flagship storefront, open a high-traffic service location, or secure a strategic asset in Abilene’s thriving downtown corridor, this property delivers unparalleled potential.

Investor Tools

Property Icon
$219,000
Estimated Property Value
$140,000Estimated Mortgage Balance
$89,010Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,850 /month
Positive
Cash Flow Estimate:
$950 /month

Interested in this property?

Bubba Weckwerth

Whitten Real Estate

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$505/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,963
$219,000
2025
$9,563
$209,437
$219,000
Yes (2084)

Tax History

Year
Tax Paid
Assessed Value
2025
$4,963
$219,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Bank & Trust
Open End Mortgage / Open End With Future Advance Clause
$140,000
No
First
Aug 12, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$129,990
$89,010
40%
59%
$840/mo

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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1031 N 6th St | Property Details | No Agent List