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$192,000

NAL Estimated Property Value

1618 S 12th Street, Abilene, TX, 79602

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,670 Sq Ft
price_per_sqft$101.74 / sqft
Year BuiltBuilt in 1941

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Range, Microwave
FlooringCeramic Tile, Laminate, Wood

Exterior

Exterior FeaturesStorage
Lot Size7,070 sqft

Building Information

Year Built1941
Stories1
Roof Type105
Garage Spaces2

Land Information

APN59480003100
SubdivisionSayles Of Bellevue
Land UseResidential
Legal DescriptionSAYLES OF BELLEVUE, BLOCK 16, LOT W1/2 LT 11 12 & W1/2 S19.2 LT 10
Census Tract011900
Assessed Land Value$13,080
Assessed Improvement Value$176,187
Assessment Year2025

About this property

Gorgeous, custom remodeled home MOVE IN READY! Updates completed in July of 2017 include new, up to code electrical service, updated plumbing, new interior Sherwin- Williams paint throughout, updated kitchen with new stainless steel appliances and sink, new flooring, additional cabinet space added, granite in kitchen and bath, recessed lighting, updated light fixtures, beautiful walk-in shower in updated bathroom, new toilet, new hot water heater, new inside HVAC, original hardwood floors, crown molding, large rooms throughout with natural light. Wow! Includes outside storage room with multiple large cabinets for storage. Yard is landscaped; large front porch is perfect for gathering with friends and family!

Investor Tools

Property Icon
$192,000
Estimated Property Value
$120,965Estimated Mortgage Balance
$71,035Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,152 /month
Positive
Cash Flow Estimate:
$384 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$437/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,290
$189,267
2025
$13,080
$176,187
$189,267
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,290
$189,267

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Western Bank
Commercial
$140,250
No
First
Jun 28, 2019
Jun 2024

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$120,965
$71,035
36%
63%
$841/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.

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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1618 S 12th Street | Property Details | No Agent List