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$129,000

NAL Estimated Property Value

1357 S Bowie Dr, Abilene, TX, 79605

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths756 Sq Ft
price_per_sqft$145.5 / sqft
Year BuiltBuilt in 1954

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Range, Gas Water Heater
FlooringCarpet, Laminate

Exterior

Lot Size5,950 sqft

Building Information

Year Built1954
Stories1
Roof Type105
Garage Spaces1

Land Information

APN26800097800
SubdivisionElmwood West Sec 11
Land UseResidential
Legal DescriptionELMWOOD WEST SEC 11, BLOCK L, LOT N28.4 OF 19 & S19.6 OF 20
Census Tract011400
Assessed Land Value$10,118
Assessed Improvement Value$97,447
Assessment Year2025

About this property

Charming 2 bedroom 1 bath home! Curb appeal. Nice sized bedrooms and closets. Updated kitchen with newer cabinets, wood laminate flooring, and gas range! Kitchen open to living. Nice bath with tub shower combo and laminate flooring. One car carport. Wonderful fenced backyard with large covered patio to enjoy the Springtime! Smaller storage building stays. Central Heat and Air! Must see.

Investor Tools

Property Icon
$129,000
Estimated Property Value
$103,957Estimated Mortgage Balance
$25,043Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$774 /month
Positive
Cash Flow Estimate:
$258 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$159/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,258
$107,565
2025
$10,118
$97,447
$107,565
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,258
$107,565

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Paramount Residential Mortgage Group
Fha
$108,007
Yes
First
Apr 8, 2024
May 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$103,957
$25,043
19%
81%
$648/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,060/mo
$648/mo
+$412/mo
9.9%

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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1357 S Bowie Dr | Property Details | No Agent List