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$173,000

NAL Estimated Property Value

1721 Fm 54, Abernathy, TX, 79311

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,653 Sq Ft
price_per_sqft$60.5 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2

Exterior

Lot Size8.28 acres

Building Information

Garage Spaces2

Land Information

APN78390
Land UseResidential
Legal DescriptionAB 1195 W H PEARCE OUT OF NW/PT 8.28 ACRES
Census Tract950900
Assessed Land Value$9,984
Assessed Improvement Value$89,438
Assessment Year2025

About this property

Come check out this perfect starter home with plenty of acreage and room to make it your own! The location of this property is 6 miles from the Award winning Abernathy ISD and has easy access to Plainview and Lubbock. The school bus picks the kiddos up right in the driveway!! This home needs a little TLC, but has great bones that include hardwood floors, large bedrooms, an open floor plan, and comes with all appliances. Outside, the home sits on 8.25 acres that include a 2 car garage, large shop, storm cellar, secure top pen for your animals, fenced pasture and fenced dog yard. Newer well house along with new plumbing. SELLERS ARE MOTIVATED! Tractor, tractor implements, and some trailers included in the sale!

Investor Tools

Property Icon
$173,000
Estimated Property Value
$90,389Estimated Mortgage Balance
$82,611Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,038 /month
Positive
Cash Flow Estimate:
$346 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$157/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,023
$99,422
2025
$9,984
$89,438
$99,422
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,023
$99,422

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ark-La-Tex Financial Services Llc
Conventional
$97,000
No
First
Sep 15, 2022
Oct 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$90,389
$82,611
47%
52%
$582/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,425/mo
$582/mo
+$843/mo
9.9%

City: Abernathy

1721 Fm 54 | Property Details | No Agent List