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$289,072

NAL Estimated Property Value

1166 Merchant Street, Abilene, TX, 79603

Off MarketInfo
CommercialInfo
Baths0 Bath
Baths2,868 Sq Ft
OfficeOffice
price_per_sqft$20.57 / sqft
Year BuiltBuilt in 1960

Highlights

Interior

Bathrooms 0Bathrooms 0
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
FlooringCarpet, Ceramic Tile

Exterior

Lot Size1.02 acres

Building Information

Year Built1960
Stories1
Roof Type172
Garage Spaces79

Land Information

APN43700000100
Lot Number1-4
SubdivisionLakeside Addn
Land UseCommercial
Legal DescriptionLAKESIDE ADDN, BLOCK 1, LOT 1-4 & 18
Census Tract010700
Assessed Land Value$44,544
Assessed Improvement Value$244,528
Assessment Year2025

About this property

This former medical office will be auctioned on November 2, 2019. It contains, 3 offices, 7 exam rooms, 2 storage rooms and X Ray room and 2 restrooms along with a nice sized reception and waiting area. It sits on over 1 acre and has numerous possibilities for a business opportunity. Buyer accepts the property as is regardless of the outcome of any surveys, inspections, utility easements or other easement discoveries, condition reports or any other due diligence discoveries. Buyer to verify all measurements. Information in this listing is deemed to be reliable but not guaranteed.

Investor Tools

Property Icon
$289,072
Estimated Property Value
$0Estimated Mortgage Balance
$289,072Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,734 /month
Positive
Cash Flow Estimate:
$578 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$666/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,552
$289,072
2025
$44,544
$244,528
$289,072
Yes (2020)

Tax History

Year
Tax Paid
Assessed Value
2025
$6,552
$289,072

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$289,072
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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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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1166 Merchant Street | Property Details | No Agent List