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$184,900

1542 N 16th St, Abilene, TX, 79601

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,896 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$97.52 / sqft
Year BuiltBuilt in 1941

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Microwave
FlooringLaminate

Exterior

Lot Size7,501 sqft

Building Information

Year Built1941
Stories1
Roof Type105
Garage Spaces1

Land Information

APN20500016800
Lot Number7,8
SubdivisionCollege Heights
Land UseResidential
Legal DescriptionCOLLEGE HEIGHTS, BLOCK 22, LOT 7 & W/2 OF 8
Census Tract010800
Assessed Land Value$9,375
Assessed Improvement Value$203,159
Assessment Year2025

About this property

Move-in ready, recently remodeled open concept home. This home is light & bright, spacious and features a nice size kitchen with plenty of counter space and stainless appliances. This home is situated on a corner lot and has a large back yard. Schedule your private tour today.

Investor Tools

Property Icon
$218,000
Estimated Property Value
$188,875Estimated Mortgage Balance
$39,209Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,308 /month
Positive
Cash Flow Estimate:
$436 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$217/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,514
$148,112
2025
$9,375
$203,159
$212,534
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,514
$148,112

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Va
$188,875
Yes
First
Jun 28, 2023
Jul 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$178,791
$39,209
17%
82%
$1,133/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,360/mo
$1,133/mo
+$227/mo
7.5%

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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