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$115,000

129 Pennington Road, Abilene, TX, 79602

$149,500 ARVInfo
Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,056 Sq Ft
Mobile HomesMobile Homes
price_per_sqft$108.9 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Oven, Electric Range
FlooringCarpet, Vinyl

Exterior

Lot Size1.07 acres

Building Information

Year Built2002
Stories1
Roof Type112
Garage Spaces8

Land Information

APNA0992004602
SubdivisionSur 27 L A L Sw/4
Land UseResidential
Legal DescriptionA0992 SUR 27 L A L SW/4, TRACT PT 11, ACRES 1.07
Census Tract013404
Assessed Land Value$37,559
Assessed Improvement Value$105,644
Assessment Year2025

About this property

Affordable country living and Wylie Schools! Don't miss out on this spacious manufactured home sitting on just over 1 acre. The main home is 1,056 square feet with 2 bedrooms and 2 bathrooms. The enclosed back porch can be a playroom, an office, or simply a place to relax and watch those beautiful West Texas skies. Split bedroom floor plan for privacy and the primary bedroom includes en-suite bathroom. There is also an efficiency apartment with a full bath that is perfect for overnight guests or grown children. Over an acre of space and multiple metal buildings-coverings means room for all your hobby supplies and materials!

Investor Tools

Property Icon
$138,106
Estimated Property Value
$0Estimated Mortgage Balance
$91,597Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$149,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$829 /month
Positive
Cash Flow Estimate:
$276 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$119/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$742
$138,106
2025
$37,559
$105,644
$143,203
No

Tax History

Year
Tax Paid
Assessed Value
2025
$742
$138,106

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Financial Bank Na
Commercial
$50,000
No
First
Aug 8, 2022
Aug 2032

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$46,509
$91,597
66%
34%
$300/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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