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$217,062

NAL Estimated Property Value

1407 S 1st St, Abilene, TX, 79602

$282,181 ARVInfo
Off MarketInfo
CommercialInfo
Baths0 Bath
Baths5,000 Sq Ft
RetailRetail
Year BuiltBuilt in 1949

Highlights

Interior

Bathrooms 0Bathrooms 0
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
FlooringConcrete, Tile, Vinyl

Exterior

Lot Size6,499 sqft

Building Information

Year Built1949
Stories1
Roof Type172
Garage Spaces2

Land Information

APN70100091800
Lot Number5-6
SubdivisionOt Abilene
Land UseCommercial
Legal DescriptionOT ABILENE, BLOCK 119, LOT 5-6
Census Tract011700
Assessed Land Value$19,500
Assessed Improvement Value$197,562
Assessment Year2025

About this property

Welcome to your next business venture! Situated amidst the charm and character of several antique stores, this 5000 square feet commercial building presents an exceptional opportunity. Step into the inviting front showroom, perfect for showcasing your merchandise or services in an attractive setting that draws in customers. Inside, discover a well-appointed layout featuring four offices, offering ample space for administrative tasks or private consultations. With two bathrooms, a small break-room, and abundant storage ensuring efficient organization of inventory and supplies. Outside, the property offers extra parking outback, including a two-car carport, providing hassle-free access for employees. Whether you're considering retail, a creative studio, or professional offices, this versatile space offers endless possibilities. Leverets's Ink and Avery's Awards are relocating to a new location.

Investor Tools

Property Icon
$217,062
Estimated Property Value
$285,286Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$282,181
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,094 /month
Positive
Cash Flow Estimate:
$698 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$500/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,920
$217,062
2025
$19,500
$197,562
$217,062
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,920
$217,062

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Financial Bank
Commercial
$290,400
No
First
May 8, 2025
May 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$285,286
N/A
0%
131%
$1,742/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.

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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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1407 S 1st St | Property Details | No Agent List