B+

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Owner Contacts

$124,000

NAL Estimated Property Value

1933 Butternut St, Abilene, TX, 79602

Off Market

3 Beds

2 Bath

1,100 Sq Ft

Single Family Residence

$77.18 / sqft

Built in 1955

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 1

Bathrooms Half 1

Garage Available

Heating Central

Cooling

AppliancesGas Range, Gas Water Heater

FlooringCeramic Tile, Vinyl, Wood

Exterior

Lot Size7,802 sqft

Building Information

Year Built1955

Stories1

Roof Type105

Garage Spaces1

Land Information

APN67200001300

Lot Number5

SubdivisionWillis Place Of Anderson

Land UseResidential

Legal DescriptionWILLIS PLACE OF ANDERSON, BLOCK 2, LOT 5

Census Tract012200

Assessed Land Value$12,090

Assessed Improvement Value$22,451

Assessment Year2025

About this property

This is a really great three bedroom two bath home with a price you cant beat. Investors and First time Home Buyers Welcome! Cash preferred but will go conventional. Central Heat and Refrigerated Window Units for Cooling. Seller will provide 3 window units. There have been many renovations done over the past couple of years. New Paint Interior and Exterior, New Flooring, New but slightly used Gas range, New Ceiling Fans, One bathroom completely remodeled, master bathroom has new shower surround and floor, and many many other small repairs. Seller is a Licensed Real Estate Agent in the State of Texas. Call for a showing today! Seller will upgrade electric prior to closing. House will also be completely painted before closing and only front of garage painted. House does have foundation issues in the back only. Seller does have an estimate from Hat Creek Foundation. Due to an extreme price drop, seller will not repair foundation unless something is negotiated with new buyer.

Investor Tools

$124,000

Estimated Property Value

$34,173Estimated Mortgage Balance

$89,827Estimated Equity

72% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$744 /month

Positive

Cash Flow Estimate:

$248 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$117/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$783

$34,541

2025

$12,090

$22,451

$34,541

Yes (2024)

Tax History

Year

Tax Paid

Assessed Value

2025

$783

$34,541

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Citizens Bank Na

Commercial

$35,000

First

Jan 15, 2025

Jul 2025

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$34,173

$89,827

72%

28%

$210/mo

Learn About the Market: Opportunity in Texas

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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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