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$111,000

1233 Palm St, Abilene, TX, 79602

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,116 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$0.99 / sqft
Year BuiltBuilt in 1927

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Electric Range, Refrigerator

Exterior

Lot Size7,000 sqft

Building Information

Year Built1927
Stories1
Roof Type105

Land Information

APN28200000700
Lot Number16
SubdivisionFairmont
Land UseResidential
Legal DescriptionFAIRMONT, BLOCK 11, LOT N30 LT 16 & S20 LT 17
Census Tract011900
Assessed Land Value$12,250
Assessed Improvement Value$90,771
Assessment Year2025

About this property

Head south on N Judge Ely Blvd toward Milford St, Head south on N Judge Ely Blvd toward Milford St, Continue onto S 11th St, Continue straight to stay on S 11th St, Turn left onto Palm St, Destination will be on the left

Investor Tools

Property Icon
$111,000
Estimated Property Value
$0Estimated Mortgage Balance
$111,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$666 /month
Positive
Cash Flow Estimate:
$222 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$241/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,335
$103,021
2025
$12,250
$90,771
$103,021
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,335
$103,021

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$111,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,010/mo
N/A
+$1,010/mo
10.9%

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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1233 Palm St | Property Details | No Agent List