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$337,645

NAL Estimated Property Value

2635 Madison Ave, Abilene, TX, 79601

Off MarketInfo
Beds5 Beds
Baths2 Bath
Baths2,401 Sq Ft
price_per_sqft$137.4 / sqft
Year BuiltBuilt in 1959

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDryer, Dishwasher, Electric Cooktop, Electric Range, Microwave, Refrigerator, Washer
FlooringCarpet, Laminate, Luxury Vinyl Plank

Exterior

Exterior FeaturesRain Barrel Cisterns, Rain Gutters, Storage
Lot Size14,379 sqft

Building Information

Year Built1959
Stories1
Roof Type105
Garage Spaces2

Land Information

APN41600009600
SubdivisionHillcrest Addn Sec 2
Land UseResidential
Legal DescriptionHILLCREST ADDN SEC 2, BLOCK 7, LOT 14 & .045 AC OF 15
Census Tract010100
Assessed Land Value$25,627
Assessed Improvement Value$317,277
Assessment Year2025

About this property

If you are wanting extra space inside and out, look no further! Just down the street from ACU. This spacious home has 5 bedrooms, 2 full baths and a finished basement with bonus room and craft or workroom. Kitchen hosts granite counter tops and ample cabinets and counter space for all your culinary needs. Enjoy the serenity of your oversized backyard with covered patio and cedar pergola. Sprinkler system, storage barn and rainwater retention system are just the start of all the extras this property provides. Don't miss out on this rare gem in NE Abilene!

Investor Tools

Property Icon
$337,645
Estimated Property Value
$306,028Estimated Mortgage Balance
$31,617Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,026 /month
Positive
Cash Flow Estimate:
$675 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$618/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,733
$337,645
2025
$25,627
$317,277
$342,904
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,733
$337,645

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Fha
$312,469
Yes
First
Mar 28, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$306,028
$31,617
9%
91%
$1,874/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,649/mo
$1,874/mo
$-225/mo
5.9%

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: Abilene

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2635 Madison Ave | Property Details | No Agent List