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$184,000

$184,900

2441 S 3rd St, Abilene, TX, 79605

On MarketInfo
Price DropInfo
Beds4 Beds
Baths3 Bath
Baths2,341 Sq Ft
TriplexTriplex
price_per_sqft$78.98 / sqft
Year BuiltBuilt in 1927

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating Floor/WallHeating Floor/Wall
AppliancesGas Range, Refrigerator
FlooringVinyl

Exterior

Lot Size8,960 sqft

Building Information

Year Built1927
Stories1
Roof Type105
Garage Spaces4

Land Information

APN47570000300
Lot Number3
SubdivisionG W Morris Of H Ward
Land UseResidential
Legal DescriptionG W MORRIS OF H WARD, LOT 3
Census Tract011700
Assessed Land Value$5,555
Assessed Improvement Value$59,090
Assessment Year2025

About this property

**INVESTOR OPPORTUNITY IN ABILENE!** Position yourself to capitalize on Abilene’s continued economic expansion, major infrastructure investment, data center development, and construction growth with this income-producing **TRIPLEX at 2441 S 3rd St.** Featuring **THREE SEPARATE RENTAL UNITS** two 1-bedroom units and one 2-bedroom unit each residence includes a full bathroom and kitchen equipped with a oven and refrigerator. Multiple units under one roof provide investors with diversified rental income potential and the opportunity to maximize revenue from a single property. As investment and development continue to bring contractors, skilled trades, professionals, and new residents to the Abilene area, this property offers flexibility for **traditional rentals, furnished rentals, mid-term housing, workforce housing, or a value-add investment strategy**, subject to applicable regulations. Additional features include **off-street parking** and convenient access to shopping, dining, employment centers, and major Abilene roadways. **SELLER IS OUT OF STATE AND LIQUIDATING TO PURSUE OTHER INVESTMENTS.** Whether you're building your first multifamily portfolio or adding another income-producing asset, this triplex provides three rentable spaces and multiple strategies for creating long-term value. **Three units. One property. Multiple income streams. Abilene growth. Investor opportunity.**

Investor Tools

$273,476Estimated Mortgage Balance
$182,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,104 /month
Positive
Cash Flow Estimate:
$368 /month

Interested in this property?

Clifton Johnson

eXp Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$198/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,465
$64,645
2025
$5,555
$59,090
$64,645
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,465
$64,645

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ocmbc Inc
Conventional
$143,000
No
First
Dec 9, 2023
Jan 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$273,476
N/A
0%
150%
$1,716/mo

City: Abilene

2441 S 3rd St | Property Details | No Agent List