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$180,000

2609 S 38th Street, Abilene, TX, 79605

Under ContractInfo
Just AddedInfo
Beds3 Beds
Baths1 Bath
Baths1,046 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$172.08 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range
FlooringCarpet, Laminate

Exterior

Lot Size7,475 sqft

Building Information

Year Built1960
Stories1
Roof Type105
Garage Spaces2

Land Information

APN62900003400
Lot Number10
SubdivisionThornton Heights
Land UseResidential
Legal DescriptionTHORNTON HEIGHTS, BLOCK 2, LOT 10
Census Tract012400
Assessed Land Value$14,950
Assessed Improvement Value$141,876
Assessment Year2025

About this property

Nestled on a charming, well-maintained street in Southside Abilene, this property offers proximity to Red Bud Park, as well as a variety of restaurants, shops, and conveniences. It's just minutes away from Cooper High School. The spacious kitchen boasts washer dryer hookups and a convenient pantry. Each bedroom offers ample space for comfort. Enjoy the convenience of an oversized two-car garage complete with additional storage shelving and a dedicated workspace. The expansive backyard provides an ideal setting for outdoor games and delightful BBQ gatherings.

Investor Tools

Property Icon
$182,000
Estimated Property Value
$0Estimated Mortgage Balance
$27,009Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,092 /month
Positive
Cash Flow Estimate:
$364 /month

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Zachary Vines

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$185/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,307
$115,528
2025
$14,950
$141,876
$156,826
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,307
$115,528

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Financial Services Llc
Fha
$161,029
Yes
First
May 21, 2024
Jun 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$154,991
$27,009
14%
85%
$966/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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2609 S 38th Street | Property Details | No Agent List