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$208,000

NAL Estimated Property Value

2500 Garfield Ave, Abilene, TX, 79601

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,477 Sq Ft
price_per_sqft$138.79 / sqft
Year BuiltBuilt in 1957

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven, Gas Water Heater, Microwave

Exterior

Lot Size9,226 sqft

Building Information

Year Built1957
Stories1
Roof Type105
Garage Spaces2

Land Information

APN41600003500
Lot Number7
SubdivisionHillcrest Addn Sec 1
Land UseResidential
Legal DescriptionHILLCREST ADDN SEC 1, BLOCK 4, LOT 7
Census Tract010100
Assessed Land Value$16,605
Assessed Improvement Value$170,296
Assessment Year2025

About this property

Don't miss this lovely three bedroom, two bathroom brick home within walking distance to ACU and Abilene Christian schools. Beautifully fully remodeled kitchen and Master bath is a must see! This house is so universal providing two living spaces for anyone from single living, a small family, or investment opportunity as a college rental. Enjoy a great neighborhood with prime location near Hendricks Hospital, Hardin Simmons, and the new Allen Ridge! Call today to schedule your showing.

Investor Tools

Property Icon
$208,000
Estimated Property Value
$149,906Estimated Mortgage Balance
$58,094Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,248 /month
Positive
Cash Flow Estimate:
$416 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$440/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,236
$186,901
2025
$16,605
$170,296
$186,901
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,236
$186,901

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ocmbc Inc
Conventional
$156,000
No
First
Mar 4, 2024
Apr 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$149,906
$58,094
27%
72%
$936/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,360/mo
$936/mo
+$424/mo
7.8%

City: Abilene

2500 Garfield Ave | Property Details | No Agent List