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$190,000

1342 Jeanette Street, Abilene, TX, 79602

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,606 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$73.47 / sqft
Year BuiltBuilt in 1928

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Range
FlooringCarpet, Vinyl

Exterior

Lot Size7,000 sqft

Building Information

Year Built1928
Stories1
Roof Type105
Garage Spaces2

Land Information

APN47710002600
Lot Number6
SubdivisionMc Murry College
Land UseResidential
Legal DescriptionMC MURRY COLLEGE, BLOCK 21, LOT 6
Census Tract011600
Assessed Land Value$12,250
Assessed Improvement Value$94,100
Assessment Year2025

About this property

NEW ROOF on both the house and apartment! Craftsman 3 bed 2 bath home close to McMurry University. Home has a large kitchen with plenty of room for an island or table with Laundry area off to one side of the kitchen. Formal dining & living room are painted neutral & have great natural lighting & a fireplace. There is a detached 2 car garage which has an apartment that could be a mother-in-law or nanny suite or rental income for a little extra help with the bills. The apartment has private access from the alley so it has a separate entrance from the home. The front & back yards are small so there's not a ton of yard maintenance with this property. Appliances convey. Buyer to verify all measurements.

Investor Tools

Property Icon
$190,000
Estimated Property Value
$0Estimated Mortgage Balance
$88,186Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,140 /month
Positive
Cash Flow Estimate:
$380 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$280/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,410
$106,350
2025
$12,250
$94,100
$106,350
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,410
$106,350

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas National Bank
Purchase Money Mortgage
$113,454
No
First
Jan 28, 2021
Jan 2041

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$101,814
$88,186
46%
54%
$681/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,010/mo
$681/mo
+$329/mo
6.4%

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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1342 Jeanette Street | Property Details | No Agent List