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$387,000

NAL Estimated Property Value

1760 Fm 2060, Abernathy, TX, 79311

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,550 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$156.86 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesRange, Disposal, Dishwasher, Electric Range, Free-Standing Range, Oven, Gas Water Heater
FlooringCarpet, Linoleum, Vinyl

Exterior

Exterior FeaturesPrivate Entrance
Lot Size1.85 acres

Building Information

Garage Spaces2

Land Information

APN73203
Land UseResidential
Legal DescriptionAB 2278 BLK C-2 SEC 16 OUT OF SW/C OF SW/4 1.85 ACRES
Census Tract950900
Assessed Land Value$7,400
Assessed Improvement Value$215,724
Assessment Year2025

About this property

If you're looking to call the country home, don't miss this fantastic opportunity located on 1.85 acres just a couple of miles East of Abernathy on FM 2060. This property has been meticulously cared for and features a 3500 sq. ft. barn on a concrete slab accessible from the two car garage with 220V capabilities and a large overhead door. The home itself boasts three bedrooms and two full bathrooms with two additional flex spaces that could be used as a fourth bedroom, office, second living space, game room or anything your heart desires. The home is just a hair under 2200 sf and gives you the solitude you've been dreaming of. The tranquil backyard is enclosed by a metal fence. The well is "well" protected in an easy accessible wellhouse. This property also has an underground storm cellar. Need a "she shed?" This property also has you covered with a small outbuilding with tons of storage. With just a hint of updating this home would be a show stopper. Don't miss your chance to call Abernathy home

Investor Tools

Property Icon
$387,000
Estimated Property Value
$302,115Estimated Mortgage Balance
$84,885Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,400 /month
Positive
Cash Flow Estimate:
$800 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$497/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,024
$223,124
2025
$7,400
$215,724
$223,124
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,024
$223,124

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cornerstone First Mortgage Inc
Conventional
$308,000
No
First
Apr 30, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$302,115
$84,885
21%
78%
$1,847/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.

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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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1760 Fm 2060 | Property Details | No Agent List