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$334,900

$339,900

241 Bynum Ln, Abilene, TX, 79602

Under ContractInfo
Price DropInfo
Beds3 Beds
Baths2 Bath
Baths1,508 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$222.08 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range
FlooringVinyl

Exterior

Exterior FeaturesPrivate Yard, Storage
Lot Size4 acres

Building Information

Year Built1983
Stories1
Roof Type312
Garage Spaces7

Land Information

APNA1024002100
SubdivisionSur 30 L A L Nw/4
Land UseResidential
Legal DescriptionA1024 SUR 30 L A L NW/4, TRACT 12, ACRES 4.0
Census Tract013404
Assessed Land Value$71,858
Assessed Improvement Value$240,333
Assessment Year2025

About this property

Looking for the perfect blend of country charm and functionality? This adorable ranch-style 3 bedroom, 2 bath home sits on approximately 4 acres at the end of a dead-end road, offering privacy, security, and a peaceful setting just minutes from Abilene. From the welcoming front porch swing to the new flooring throughout, updated kitchen, and durable metal roof, this home is full of farmhouse charm. One of the water heaters has also been replaced within the last few years for added peace of mind. The asphalt driveway leads to an impressive approximately 38' x 60' workshop with electricity and an existing office build-out that could easily be finished into a home office, hobby room, studio, business space, or whatever best fits your needs. Outside, you'll find a fenced area for animals, a large chicken coop, and even the chickens can stay if the buyer would like them. Whether you're dreaming of a small homestead, room for projects, or simply a little extra space to enjoy the outdoors, this property offers endless possibilities. The 20 ft round intex Pool and all equipment can stay or can be taken down but will need to be cleaned and refilled currently not in use. The refrigerator is less than a year old and can stay with an acceptable offer! Sellers are motivated and ready to move quickly, come check it out and bring us an offer!

Investor Tools

Property Icon
$335,000
Estimated Property Value
$230,743Estimated Mortgage Balance
$127,111Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,010 /month
Positive
Cash Flow Estimate:
$670 /month

Interested in this property?

Brandi Smith

RE/MAX Big Country

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$445/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,669
$310,783
2025
$71,858
$240,333
$312,191
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,669
$310,783

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
City Bank
Fha
$230,743
Yes
First
May 17, 2021
Jun 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$207,889
$104,111
33%
62%
$1,384/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.

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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