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$96,000

NAL Estimated Property Value

1318 Poplar St, Abilene, TX, 79602

$97,890 ARVInfo
Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,408 Sq Ft
price_per_sqft$54.62 / sqft
Year BuiltBuilt in 1924

Property Lead Type:

Off-Market ListDeal ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Range, Electric Water Heater, Refrigerator
FlooringCarpet, Ceramic Tile

Exterior

Lot Size7,841 sqft

Building Information

Year Built1924
Stories1
Roof Type105
Garage Spaces1

Land Information

APN44650000300
Lot Number3
SubdivisionK B Leggett
Land UseResidential
Legal DescriptionK B LEGGETT, BLOCK 12, LOT 3
Census Tract011900
Assessed Land Value$6,821
Assessed Improvement Value$76,142
Assessment Year2025

About this property

ATTENTION INVESTORS AND FLIPPERS! Looking for a rental property or one to flip? This home used to be a duplex at one time but was converted to a single family residence years ago. Located in central part of Abilene and close to McMurry University and plenty of schools, shopping, and restaurants. Same tenants have lived here for ten years. New roof approximately three months ago. Has central heat and air and the home is total electric. You can do a little or a lot to make this the home you would like. Tenants are month to month and will require thirty days notice before move out.

Investor Tools

Property Icon
$96,000
Estimated Property Value
$67,828Estimated Mortgage Balance
$28,172Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$97,889
Rent-to-Value Ratio: 0.72%
Rent Estimate
$576 /month
Positive
Cash Flow Estimate:
$192 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$197/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,880
$82,963
2025
$6,821
$76,142
$82,963
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,880
$82,963

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Financial Bank Na
Commercial
$71,171
No
First
Oct 2, 2023
Oct 2043

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$67,828
$28,172
29%
71%
$427/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,370/mo
$427/mo
+$943/mo
17.1%

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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1318 Poplar St | Property Details | No Agent List