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$280,000

NAL Estimated Property Value

1314 Fm 89, Abilene, TX, 79606

$364,000 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,148 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$69.83 / sqft
Year BuiltBuilt in 1959

Property Lead Type:

Off-Market ListDeal ListARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating Floor/WallHeating Floor/Wall
CoolingCooling
AppliancesDishwasher
FlooringVinyl

Exterior

Lot Size2 acres

Building Information

Year Built1959
Stories1
Roof Type105
Garage Spaces2

Land Information

APNA0227000400
SubdivisionSur 58 G N Robinson
Land UseResidential
Legal DescriptionA0227 SUR 58 G N ROBINSON, ACRES 2.0
Census Tract013502
Assessed Land Value$60,372
Assessed Improvement Value$142,908
Assessment Year2025

About this property

Looking for a great opportunity in a prime location? This property features a house, multiple outbuildings, and sits on two acres with three wells right off on FM 89 between Abilene and Buffalo Gap. The house has been updated but is being sold as-is and will need some work. The property itself offers numerous opportunities from building your dream home, or setting up vacation rentals or RV's. This location is prime, close to Abilene State Park, bring your ideas and seize this opportunity for whatever dreams you have in mind!

Investor Tools

Property Icon
$280,000
Estimated Property Value
$117,102Estimated Mortgage Balance
$162,898Estimated Equity
58% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$364,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,680 /month
Positive
Cash Flow Estimate:
$560 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$406/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,471
$203,280
2025
$60,372
$142,908
$203,280
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,471
$203,280

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First State Bank Of Paint Rock
Purchase Money Mortgage
$125,000
No
First
Dec 29, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$117,102
$162,898
58%
42%
$750/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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1314 Fm 89 | Property Details | No Agent List