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$184,390

1512 Avenue K, Abernathy, TX, 79311

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,946 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$95.07 / sqft
Year BuiltBuilt in 1963

Property Lead Type:

Absentee OwnerVacant Homes

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDisposal, Dishwasher, Electric Cooktop, Microwave
FlooringCarpet

Exterior

Exterior FeaturesOther
Lot Size9,017 sqft

Building Information

Year Built1963
Garage Spaces2

Land Information

APN14968
Lot Number1
Land UseResidential
Legal DescriptionOT ABY BLK 4 LOT 1 W/2-2
Census Tract950900
Assessed Land Value$3,750
Assessed Improvement Value$180,640
Assessment Year2025

About this property

BACK ON THE MARKET! The previous buyers had an unexpected life change and were unable to move forward — which means a second chance for YOU! Welcome to your next chapter in Abernathy, where small-town charm meets everyday comfort. This well-maintained 3-bedroom, 2-bath home offers nearly 2,000 square feet of thoughtfully designed living space. The spacious layout flows easily from room to room, making it perfect for both laid-back living and easy entertaining. Step outside to a generously sized, beautifully landscaped backyard — complete with mature trees, two storage buildings, and plenty of space for relaxing, gardening, or gathering with friends. Situated on a desirable corner lot in a quiet neighborhood, this property offers flexibility, privacy, and tons of potential. Located within the growing and highly regarded Abernathy ISD, and just minutes from I-27, you get the best of community living with a commuter-friendly location. Don't miss your second chance — schedule your showing today!

Investor Tools

Property Icon
$184,390
Estimated Property Value
$171,000Estimated Mortgage Balance
$15,637Estimated Equity
7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,110 /month
Positive
Cash Flow Estimate:
$370 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$256/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,152
$184,390
2025
$3,750
$180,640
$184,390
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,152
$184,390

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Unknown
$171,000
No
First
Aug 19, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$168,753
$15,637
8%
92%
$1,026/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,425/mo
$1,026/mo
+$399/mo
9.3%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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: Abernathy

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1512 Avenue K | Property Details | No Agent List