$172,000
NAL Estimated Property Value1402 Westheimer Road 224, Abilene, TX, 79601
Off Market
Property Lead Type:
Off-Market ListDeal ListAbsentee OwnerHigh EquityCash Buyers
Highlights
Interior
AppliancesDishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
FlooringCarpet, Vinyl
Exterior
Exterior FeaturesBalcony
Lot Size1.52 acres
Building Information
Year Built1984
Stories1
Roof Type105
Land Information
APN63775000124
Lot Number102
SubdivisionUniversity Hills Joint Venture Sec 1 Rep
Land UseResidential
Legal DescriptionUNIVERSITY HILLS JOINT VENTURE SEC 1 REP, BLOCK A, LOT 102 UNIT#124 BLDG D PHASEII
Census Tract010100
Assessed Land Value$16,870
Assessed Improvement Value$134,227
Assessment Year2025
About this property
Recently updated condo within walking distance of Abilene Christian University and close to Hardin-Simmons University, Hendrick Medical Center, Texas Tech and Downtown Abilene. Affordable property in great Condo complex that features open floor plan and is in great condition, also includes all appliances including washer and dryer. HOA has community pool and 1 covered parking spot.
Investor Tools
$172,000
Estimated Property Value
$0Estimated Mortgage Balance
$172,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,032 /month
Positive
Cash Flow Estimate:
$344 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$357/month
$176/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,424
$151,097
2025
$16,870
$134,227
$151,097
No
Tax History
Year
Tax Paid
Assessed Value
2025
$3,424
$151,097
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$172,000
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,006/mo
$176/mo
+$830/mo
7.0%
