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$225,000

NAL Estimated Property Value

1165 Portland Ave, Abilene, TX, 79605

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,704 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$105.05 / sqft
Year BuiltBuilt in 1931

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Range, Gas Water Heater, Refrigerator
FlooringCarpet, Vinyl

Exterior

Lot Size8,398 sqft

Building Information

Year Built1931
Stories1
Roof Type105
Garage Spaces1

Land Information

APN40400034600
Lot Number10
SubdivisionHighland Addn Cont 4
Land UseResidential
Legal DescriptionHIGHLAND ADDN CONT 4, BLOCK 39, LOT 10 & S6 FT LT 11
Census Tract011600
Assessed Land Value$11,760
Assessed Improvement Value$166,643
Assessment Year2025

About this property

Roomy, beautiful home has been remodeled and is ready for new owners. Located less than one mile from McMurry University makes this a great location for an investment property or forever home! New roof and foundation work completed less than two years ago. A decorative fireplace, bonus breakfast nook and formal dining room with original french doors give this home so much character. The 4th bedroom had doors removed to be used as a second living space but can be easily converted back. The back yard features two large decks, a privacy fence and shade trees. A detached 40x18 garage and shop or workshop space could easily be converted to an efficiency apartment or workshop and even comes with extra parking space just to the North of the garage. Bring your ideas for the outdoor space!

Investor Tools

Property Icon
$225,000
Estimated Property Value
$338,334Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,350 /month
Positive
Cash Flow Estimate:
$450 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$244/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,806
$152,725
2025
$11,760
$166,643
$178,403
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,806
$152,725

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
City Bank
Credit Line (Revolving) / Heloc
$175,757
No
First
Apr 23, 2024
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$338,334
N/A
0%
150%
$2,108/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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1165 Portland Ave | Property Details | No Agent List