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$131,615

NAL Estimated Property Value

1201 Avenue K, Abernathy, TX, 79311

$159,221 ARVInfo
Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths876 Sq Ft
price_per_sqft$147.83 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 1Bathrooms 1
FlooringLaminate

Exterior

Lot Size10,106 sqft

Building Information

Year Built1950

Land Information

APN10838
Land UseResidential
Legal DescriptionOT ABY BLK 55 S/2-8 ALL 9
Census Tract950900
Assessed Land Value$3,375
Assessed Improvement Value$128,240
Assessment Year2025

About this property

Located on a large corner lot in a good neighborhood, this charming 2/1, fully renovated home is ready for a new owner. Every inch of this home has been updated and it would be a perfect home to start or add to your investment portfolio or for a small family. It's rare to find a fully updated home for under $130K in this thriving community. Contact me for more info or a private tour today.

Investor Tools

Property Icon
$131,615
Estimated Property Value
$136,042Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$159,221
Rent-to-Value Ratio: 0.72%
Rent Estimate
$790 /month
Positive
Cash Flow Estimate:
$263 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$313/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,094
$131,615
2025
$3,375
$128,240
$131,615
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,094
$131,615

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pennymac Loan Services Llc
Va
$140,212
Yes
First
Sep 30, 2024
Nov 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$136,042
N/A
0%
103%
$841/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,017/mo
$841/mo
+$176/mo
9.3%

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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1201 Avenue K | Property Details | No Agent List