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$136,000

NAL Estimated Property Value

111 S Ave E, Abernathy, TX, 79311

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,395 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$53.76 / sqft
Year BuiltBuilt in 1935

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
AppliancesRange, Free-Standing Gas Range, Free-Standing Range
FlooringCarpet

Exterior

Lot Size7,362 sqft

Building Information

Year Built1935
Roof Type105

Land Information

APNR67090
Lot Number40
SubdivisionVineyard
Land UseResidential
Legal DescriptionVINEYARD BLK 2 S60'OF L 4
Census Tract010202
Assessed Land Value$2,400
Assessed Improvement Value$75,913
Assessment Year2025

About this property

Two for the price of one. 109 and 111 S Ave E are being sold as a package deal which gives this large lot many possibilities. 111 S Ave E is 848 SF and 109 S Ave E is 547 SF. Both homes need lots of TLC, but they both have lots of potential. The larger home has a nice layout with access to the bathroom directly from both bedrooms in a jack and jill like layout. The home is piped for gas and currently has a gas range connected. It also has a brand new roof. The smaller second structure could serve as an office, small rental, game room, etc once restored. IF you just want the space, you could tear it down. It's complete with kitchen hookups and three additional rooms to make room for your creative ideas.

Investor Tools

Property Icon
$136,000
Estimated Property Value
$54,610Estimated Mortgage Balance
$81,390Estimated Equity
59% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$816 /month
Positive
Cash Flow Estimate:
$272 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$88/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$375
$78,313
2025
$2,400
$75,913
$78,313
No

Tax History

Year
Tax Paid
Assessed Value
2024
$375
$78,313

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Conventional
$58,500
No
First
Oct 18, 2022
Nov 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$54,610
$81,390
59%
40%
$351/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,017/mo
$351/mo
+$666/mo
9.0%

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: Abernathy

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111 S Ave E | Property Details | No Agent List