$165,000
1089 S 1st St, Abilene, TX, 79602
On Market
Just Added
Commercial
Highlights
Interior
Exterior
Lot Size6,499 sqft
Building Information
Year Built2005
Garage Spaces21
Land Information
APN70100009000
Lot Number11-12
SubdivisionOt Abilene Tif #1
Land UseCommercial
Legal DescriptionOT ABILENE TIF #1, BLOCK 11, LOT 11-12
Census Tract011700
Assessed Land Value$16,250
Assessed Improvement Value$152
Assessment Year2025
About this property
0.22 acre lot zoned Central Business at the southeast corner of S 1st and Sycamore. The listing includes the adjacent lot at 1073 S 1st. A wide variety of uses are permitted including, but not limited to: Office, Restaurant, Retail, Indoor Repair & Maintenance, Liquor Store, Multi-Family, Single Family, Drive Through (Conditional), Medical, Auto Lot. A city owned 350’ x 40’ and rarely used parking lot is directly to the north on the north side of S 1st. A crosswalk connects the lot to the parking lot. 15,000+ vehicles per day.
Investor Tools
$0Estimated Mortgage Balance
$16,402Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$990 /month
Positive
Cash Flow Estimate:
$330 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$38/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$372
$16,402
2025
$16,250
$152
$16,402
No
Tax History
Year
Tax Paid
Assessed Value
2025
$372
$16,402
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$16,402
100%
0%
$0/mo
