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$409,000

1201 Highland Ave, Abilene, TX, 79605

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,093 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$103.14 / sqft
Year BuiltBuilt in 1941

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListDeal ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Cooktop, Electric Oven, Indoor Grill
FlooringHardwood, Linoleum, Tile, Vinyl

Exterior

Lot Size9,749 sqft

Building Information

Year Built1941
Stories1
Roof Type312

Land Information

APN40400019800
Lot NumberLT10,N
SubdivisionHighland Addn
Land UseResidential
Legal DescriptionHIGHLAND ADDN, BLOCK 25, LOT N 75 FT LT 10
Census Tract011600
Assessed Land Value$17,550
Assessed Improvement Value$280,236
Assessment Year2025

About this property

Unlock the potential of this 4-bedroom, 3-bath home in its demo stage, situated on a corner lot in a highly desirable well established neighborhood. Offering a unique opportunity for customization, this property is being sold as-is—perfect for buyers looking to create their dream home from the ground up. The home features a durable metal roof, and to let your children's imagination run wild, there's even a small play house complete with an AC unit for added comfort. The seller is open to negotiating the completion of the property for the right offer, giving you flexibility to make this home truly your own. Don’t miss this chance to invest in a home with endless possibilities!

Investor Tools

Property Icon
$409,000
Estimated Property Value
$2,025,000Estimated Mortgage Balance
$0Estimated Equity
-395% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,454 /month
Positive
Cash Flow Estimate:
$818 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$733/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,749
$297,786
2025
$17,550
$280,236
$297,786
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,749
$297,786

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Re Investment Loans Llc
Commercial
$2,025,000
No
First
Jan 14, 2026
Feb 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$2,013,271
N/A
0%
492%
$12,141/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.

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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1201 Highland Ave | Property Details | No Agent List