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$614,004

NAL Estimated Property Value

1802 Avenue K, Abernathy, TX, 79311

Off MarketInfo
Beds4 Beds
Baths0 Bath
Baths3,465 Sq Ft
Unimproved LandUnimproved Land
Year BuiltBuilt in 2019

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 0Bathrooms 0

Exterior

Lot Size22,651 sqft

Building Information

Year Built2019

Land Information

APN117197
Lot Number5
Land UseResidential
Legal DescriptionPHILLIPS-PINSON ABY LOT 5
Census Tract950900
Assessed Land Value$36,242
Assessed Improvement Value$577,762
Assessment Year2025

About this property

Fabulous New Subdivision in Abernathy! Great Corner Lot Ready to Build Your Dream Home On! All Lots are Large and Highly Restricted. Wonderful Growing Community Convenient to Lubbock and Plainview with Award Winning Schools!

Investor Tools

Property Icon
$614,004
Estimated Property Value
$293,436Estimated Mortgage Balance
$320,568Estimated Equity
52% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,684 /month
Positive
Cash Flow Estimate:
$1,228 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$927/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,059
$614,004
2025
$36,242
$577,762
$614,004
No

Tax History

Year
Tax Paid
Assessed Value
2025
$8,059
$614,004

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primewest Mortgage Corp
Conventional
$338,000
No
First
Sep 24, 2019
Oct 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$293,436
$320,568
52%
48%
$2,027/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,672/mo
$2,027/mo
$-355/mo
3.3%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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1802 Avenue K | Property Details | No Agent List