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$198,000

NAL Estimated Property Value

1538 Minter Lane, Abilene, TX, 79603

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,524 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$121.39 / sqft
Year BuiltBuilt in 1959

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Microwave, Refrigerator
FlooringCarpet, Wood

Exterior

Lot Size9,178 sqft

Building Information

Year Built1959
Stories1
Roof Type105
Garage Spaces2

Land Information

APN58200058800
Lot Number21
SubdivisionRichland Acres
Land UseResidential
Legal DescriptionRICHLAND ACRES, BLOCK Z, LOT 21 REP BLK H
Census Tract010600
Assessed Land Value$14,682
Assessed Improvement Value$180,025
Assessment Year2025

About this property

Cute 4 bedroom 2 bathroom home!! The kitchen opens to dining and living areas. Kitchen has a double stainless sink, and stainless steel appliances! The living room has a brick woodburning fireplace with wood flooring. The home also offers a potential bonus room with a heating and cooling unit.Big fenced backyard, storage shed and a covered deck off living room.

Investor Tools

Property Icon
$198,000
Estimated Property Value
$125,348Estimated Mortgage Balance
$72,652Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,188 /month
Positive
Cash Flow Estimate:
$396 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$450/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,413
$194,707
2025
$14,682
$180,025
$194,707
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,413
$194,707

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Arc Home Llc
Conventional
$135,000
No
First
Jul 21, 2022
Aug 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$125,348
$72,652
36%
63%
$810/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,360/mo
$810/mo
+$550/mo
8.2%

City: Abilene

1538 Minter Lane | Property Details | No Agent List