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$179,000

NAL Estimated Property Value

1201 Palm St, Abilene, TX, 79602

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,472 Sq Ft
price_per_sqft$156.18 / sqft
Year BuiltBuilt in 1927

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher

Exterior

Lot Size8,398 sqft

Building Information

Year Built1927
Stories1
Roof Type105
Garage Spaces2

Land Information

APN28200001100
Lot Number20
SubdivisionFairmont
Land UseResidential
Legal DescriptionFAIRMONT, BLOCK 11, LOT 20
Census Tract011900
Assessed Land Value$14,700
Assessed Improvement Value$140,311
Assessment Year2025

About this property

Owner agent. This gorgeous 3 bedroom, 2 bath, corner lot home features an open floorplan and has been remodeled from top to bottom. Luxury Vinyl planks throughout the entire home. White quartz countertops surround the beautiful new two-tone kitchen cabinets, fixtures and hardware, which includes a large peninsula, coffee bar, custom floating shelves, and brand new stainless steel appliances and stainless steel ductless vent hood. Also new recessed lighting in main areas and new ceilings fans throughout. New bath vanities and fixtures, new water heater, plumbing lines, and also main water line replaced from home to main city line. The primary bedroom features a huge walk-in closet and a large brand new primary bathroom conversion, includes a massive walk in shower with rainfall showerhead and handheld spray. Switch between the two or have them both on with just a press of a button! The vanity faucet features a pull down handheld sprayer for added convenience! Large backyard shows off a huge patio area built to entertain family and friends! Detached garage also has electrical making it the perfect workshop as well. This turnkey house is definitely ready for you to call home! Schedule a showing today and get this one before it's gone!

Investor Tools

Property Icon
$179,000
Estimated Property Value
$225,987Estimated 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
$1,379 /month
Positive
Cash Flow Estimate:
$460 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$367/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,513
$155,011
2025
$14,700
$140,311
$155,011
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,513
$155,011

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Fha
$230,743
Yes
First
Mar 26, 2025
Apr 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$225,987
N/A
0%
126%
$1,384/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,370/mo
$1,384/mo
$-14/mo
9.2%

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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1201 Palm St | Property Details | No Agent List