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B+
NoAgentList RatingHow are grades calculated? Info

$84,900

1117 S Bowie Drive, Abilene, TX, 79605

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,124 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$75.53 / sqft
Year BuiltBuilt in 1954

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesStorage
Lot Size6,943 sqft

Building Information

Year Built1954
Stories1
Roof Type105
Garage Spaces1

Land Information

APN26800066600
Lot Number14
SubdivisionElmwood West Sec 8
Land UseResidential
Legal DescriptionELMWOOD WEST SEC 8, BLOCK 20, LOT 14
Census Tract011400
Assessed Land Value$11,805
Assessed Improvement Value$132,573
Assessment Year2025

About this property

CUTE CUTE CRAFTSMAN STYLE HOME MOVE IN READY*2 BEDROOMS*1 BATHROOM WITH HUGE LAUNDRY ROOM THAT WAS A GARAGE CONVERSION THAT COULD SERVE AS OFFICE, CRAFT ROOM OR 3RD ROOM*UPDATED BATHROOM WITH TILE & PEDESTAL SINK*ORIGINAL WOOD FLOORS UNDERNEATH CURRENT FLOORING*NICE SIZE KITCHEN WITH WET BAR*BRAND NEW ENERGY EFFICIENT GAS WATER HEATER*NEW SEWER LINE*AS A HUGE BONUS ABOUT THIS PROPERTY IS THE 19X21 SCREENED IN BACK PORCH*WOOD PRIVACY FENCE AND A STORAGE BUILDING!

Investor Tools

Property Icon
$158,000
Estimated Property Value
$0Estimated Mortgage Balance
$84,218Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$948 /month
Positive
Cash Flow Estimate:
$316 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$207/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,689
$143,629
2025
$11,805
$132,573
$144,378
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,689
$143,629

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Home Point Financial Corporation
Fha
$84,442
Yes
First
Dec 17, 2019
Jan 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$73,782
$84,218
53%
47%
$507/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,060/mo
$507/mo
+$553/mo
8.1%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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1117 S Bowie Drive | Property Details | No Agent List