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$115,000

1050 Poplar Street, Abilene, TX, 79602

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,131 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$101.68 / sqft
Year BuiltBuilt in 1933

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Dryer, Electric Range, Refrigerator, Washer
FlooringCeramic Tile, Wood

Exterior

Exterior FeaturesStorage
Lot Size7,000 sqft

Building Information

Year Built1933
Stories1
Roof Type105
Garage Spaces2

Land Information

APN42500002800
Lot NumberLT1,S49
SubdivisionJalonick 1st
Land UseResidential
Legal DescriptionJALONICK 1ST, BLOCK B, LOT S49 1/2 OF E140 LT 1
Census Tract011900
Assessed Land Value$8,750
Assessed Improvement Value$125,318
Assessment Year2025

About this property

This 2 bedroom 1 bath house has wood floors throughout with 1131 sqft. The interior features a shotgun style with a formal dining area and a 3rd room used as a laundry room but could be converted into a 3rd bedroom. The exterior of the property is of rock construction with a covered deck and a carport in the back. The property features an exterior unit with 400 sqft and exterior access to S 11th. The additional unit is a 1 bedroom 1 bath efficiency apartment with great income potential. Great potential as an income producing property. Schedule a showing today.

Investor Tools

Property Icon
$137,000
Estimated Property Value
$0Estimated Mortgage Balance
$0Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$822 /month
Positive
Cash Flow Estimate:
$274 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$153/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,150
$134,068
2025
$8,750
$125,318
$134,068
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,150
$134,068

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Advisors Group
Reverse Mortgage / Hecm
$192,000
No
First
Feb 7, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$172,526
N/A
0%
126%
$752/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.

Explore Texas Explore This Area
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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1050 Poplar Street | Property Details | No Agent List