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$97,000

NAL Estimated Property Value

2049 Collins Ave, Abilene, TX, 79603

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,156 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$43.25 / sqft
Year BuiltBuilt in 1956

Property Lead Type:

Off-Market ListDeal ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating Floor/WallHeating Floor/Wall
AppliancesGas Water Heater, Tankless Water Heater

Exterior

Lot Size7,000 sqft

Building Information

Year Built1956
Stories1
Roof Type105

Land Information

APN48200056900
Lot NumberW50
SubdivisionNorth Park Addn Of Wilson
Land UseResidential
Legal DescriptionNORTH PARK ADDN OF WILSON, BLOCK 26, LOT W50 E100 N140
Census Tract010300
Assessed Land Value$6,300
Assessed Improvement Value$37,490
Assessment Year2025

About this property

This 2-bedroom, 1-bath home is a great opportunity for investors seeking a project. The property features a functional layout with a cozy living space, two nice-sized bedrooms, and a full bathroom. While it requires some updates, it has new plumbing, a new tankless hot water heater, and a new gas line. Located in a convenient neighborhood with potential for rental income or resale, this home is an excellent canvas for your investment vision. PROPERTY IS BEING SOLD AS-IS

Investor Tools

Property Icon
$97,000
Estimated Property Value
$73,904Estimated Mortgage Balance
$23,096Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$582 /month
Positive
Cash Flow Estimate:
$194 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$123/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$992
$43,790
2025
$6,300
$37,490
$43,790
No

Tax History

Year
Tax Paid
Assessed Value
2025
$992
$43,790

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Financial Bank
Unknown
$75,000
No
First
Jul 8, 2025
Jul 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$73,904
$23,096
23%
76%
$450/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,360/mo
$450/mo
+$910/mo
16.8%

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.

Explore Texas Explore This Area
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: Abilene

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2049 Collins Ave | Property Details | No Agent List