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$172,414

NAL Estimated Property Value

1942 S 3rd Street, Abilene, TX, 79602

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,560 Sq Ft
QuadruplexQuadruplex
price_per_sqft$102.56 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Range, Refrigerator

Exterior

Lot Size16,270 sqft

Building Information

Year Built1982
Stories1
Roof Type105
Garage Spaces2

Land Information

APN85100008500 01
Lot Number102
Land UseMulti-Family Resid 4 Units Or Less
Legal DescriptionLT 102 207 JOHN MEYER REP
Census Tract011700
Assessed Land Value$8,136
Assessed Improvement Value$164,278
Assessment Year2023

About this property

Don't miss this deal! This fourplex is perfect for your next investment! All 4 units are currently leased and in a lease. Each unit is a 2 bedroom 1 bath, a carport for each tenant, central heat and air, 2 of the units have been recently painted through out, and so much more. The addresses are 1938, 1940, 1942, and 1944 S3rd. 1942 S 3rd has a brand new central heat and air system that was put in this month. Buyer to verify school district. This one will go fast!

Investor Tools

Property Icon
$172,414
Estimated Property Value
$127,069Estimated Mortgage Balance
$45,345Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,034 /month
Positive
Cash Flow Estimate:
$345 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$72/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$172,414
2023
$8,136
$164,278
$172,414
No

Tax History

Year
Tax Paid
Assessed Value
2023
N/A
$172,414

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Financial Bank Na
Unknown
$150,000
No
First
Oct 31, 2018
Nov 2033

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$127,069
$45,345
26%
74%
$900/mo

City: Abilene

1942 S 3rd Street | Property Details | No Agent List