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$89,000

NAL Estimated Property Value

2225 Fm 597, Abernathy, TX, 79311

Off MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size10.01 acres

Land Information

APNR346699
Land UseResidential
Legal DescriptionBLK CK SEC 9 AB 621 TR A6 OF W/2 AC: 10.01
Census Tract010202
Assessed Land Value$75,075
Assessment Year2025

About this property

Build your dream home on 10.01 acres in this established residential area less than a mile west of Abernathy. Conveniently located on paved FM 597 and near I-27, Lubbock is minutes away. Minimum residence of 1,500 square feet and 2 large animals are permitted per acre. Barndominiums are allowed! Abernathy ISD. Survey and Deed Restrictions available upon request

Investor Tools

Property Icon
$89,000
Estimated Property Value
$0Estimated Mortgage Balance
$89,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$534 /month
Positive
Cash Flow Estimate:
$178 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$64/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$328
$75,075
2025
$75,075
N/A
$75,075
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$328
$75,075

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$89,000
100%
0%
$0/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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2225 Fm 597 | Property Details | No Agent List