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$245,000

1226 Meander Street, Abilene, TX, 79602

PendingInfo
Beds4 Beds
Baths3 Bath
Baths1,565 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$156.55 / sqft
Year BuiltBuilt in 1927

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range
FlooringVinyl

Exterior

Lot Size7,279 sqft

Building Information

Year Built1927
Stories1
Roof Type105
Garage Spaces2

Land Information

APN40400043200
Lot Number1
SubdivisionHighland Addn Cont 5
Land UseResidential
Legal DescriptionHIGHLAND ADDN CONT 5, BLOCK E, LOT 1
Census Tract011600
Assessed Land Value$13,468
Assessed Improvement Value$215,459
Assessment Year2025

About this property

Classic 1920s Craftsman-style bungalow with great curb appeal and an inviting front porch. This thoughtfully remodeled 4 bedroom 2.5 bath home carries the charm of early architecture while offering a more modern and functional layout. MUST see to appreciate!

Investor Tools

$224,785Estimated Mortgage Balance
$4,142Estimated Equity
1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,470 /month
Positive
Cash Flow Estimate:
$490 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$528/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,188
$228,927
2025
$13,468
$215,459
$228,927
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,188
$228,927

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
City Bank
Va
$233,923
Yes
First
Apr 15, 2024
May 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$224,785
$4,142
1%
98%
$1,403/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,660/mo
$1,403/mo
+$257/mo
8.7%

City: Abilene

1226 Meander Street | Property Details | No Agent List