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$505,723

NAL Estimated Property Value

1808 Avenue K, Abernathy, TX, 79311

Off MarketInfo
Baths0 Bath
Baths3,361 Sq Ft

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size27,878 sqft

Land Information

APN117964
Lot Number7
Land UseResidential
Legal DescriptionPHILLIPS-PINSON ABY LOT 7
Census Tract950900
Assessed Land Value$41,260
Assessed Improvement Value$464,463
Assessment Year2025

About this property

Fabulous New Subdivision in Abernathy! EXTRA LARGE 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
$505,723
Estimated Property Value
$487,493Estimated Mortgage Balance
$18,230Estimated Equity
3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,034 /month
Positive
Cash Flow Estimate:
$1,011 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,073/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,348
$505,723
2025
$41,260
$464,463
$505,723
No

Tax History

Year
Tax Paid
Assessed Value
2025
$10,348
$505,723

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Princeton Mortgage Corp
Conventional
$384,000
No
First
Aug 13, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$487,493
$18,230
3%
96%
$3,143/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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