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$148,000

NAL Estimated Property Value

1217 S La Salle Dr, Abilene, TX, 79605

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths984 Sq Ft
price_per_sqft$152.44 / sqft
Year BuiltBuilt in 1953

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Range
FlooringLaminate

Exterior

Lot Size7,100 sqft

Building Information

Year Built1953
Stories1
Roof Type105
Garage Spaces1

Land Information

APN26800086800
Lot Number22
SubdivisionElmwood West Sec 11
Land UseResidential
Legal DescriptionELMWOOD WEST SEC 11, BLOCK F, LOT N43 OF 22 & S10 OF 23
Census Tract011400
Assessed Land Value$12,073
Assessed Improvement Value$131,965
Assessment Year2025

About this property

TENANT OCCUPIED THROUGH AUGUST 2026, providing immediate rental income for investors looking for a turn-key opportunity. Charming 3-bedroom, 1-bath home with laminate flooring throughout, offering both comfort and easy maintenance. The kitchen is fully equipped with matching stainless-steel appliances, including a gas range, built-in microwave, and dishwasher, creating a functional and modern cooking space. The open layout flows effortlessly into the living area, making the home feel bright and welcoming. A one-car carport adds everyday convenience, while the spacious storage shed (workshop) in the backyard provides plenty of room for tools, hobbies, or additional storage. This home offers a great balance of practicality and charm, making it an excellent option for homeowners or investors alike. Located with easy access to local amenities, shopping, and schools, this property is a great addition to any portfolio or future home to enjoy.

Investor Tools

Property Icon
$148,000
Estimated Property Value
$134,074Estimated Mortgage Balance
$13,926Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$900 /month
Positive
Cash Flow Estimate:
$300 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$125/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$761
$126,220
2025
$12,073
$131,965
$144,038
No

Tax History

Year
Tax Paid
Assessed Value
2025
$761
$126,220

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Freedom Mortgage Corp
Va
$136,686
Yes
First
Apr 28, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$134,074
$13,926
9%
91%
$820/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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1217 S La Salle Dr | Property Details | No Agent List