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$158,000

1302 Westheimer Road 206, Abilene, TX, 79601

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths971 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$145.21 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Oven
FlooringCarpet, Ceramic Tile

Exterior

Lot Size1.32 acres

Building Information

Year Built1983
Stories1
Roof Type105

Land Information

APN63775000808
Lot NumberLOT8,ON
SubdivisionUniversity Hills Addn Sec 1
Land UseResidential
Legal DescriptionUNIVERSITY HILLS ADDN SEC 1, BLOCK A, LOT ON LOT 8 BLDG A UNIT 105
Census Tract010100
Assessed Land Value$14,663
Assessed Improvement Value$115,918
Assessment Year2025

About this property

ACU LOCATION!! Two bedroom, two bath apartment in University Hills. Enjoy Urban living with no exterior maintenance. Second story apartment, with plenty of living space. Apartment comes with 1 covered parking space, as well as a pool on property! Schedule your showing today to see this fabulous home!

Investor Tools

Property Icon
$158,000
Estimated Property Value
$0Estimated Mortgage Balance
$158,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$948 /month
Positive
Cash Flow Estimate:
$316 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$312/month
$201/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,959
$130,581
2025
$14,663
$115,918
$130,581
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,959
$130,581

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$158,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,006/mo
$201/mo
+$805/mo
7.6%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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1302 Westheimer Road 206 | Property Details | No Agent List