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$195,000

NAL Estimated Property Value

2801 S 39th Street, Abilene, TX, 79605

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,035 Sq Ft
price_per_sqft$106.28 / sqft
Year BuiltBuilt in 1959

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Range, Microwave
FlooringCeramic Tile, Laminate

Exterior

Exterior FeaturesStorage
Lot Size7,475 sqft

Building Information

Year Built1959
Stories1
Roof Type105
Garage Spaces2

Land Information

APN62900007600
Lot Number4
SubdivisionThornton Heights
Land UseResidential
Legal DescriptionTHORNTON HEIGHTS, BLOCK 4, LOT 4
Census Tract012400
Assessed Land Value$14,950
Assessed Improvement Value$136,396
Assessment Year2025

About this property

Adorable and affordable! This farmhouse style home won't last long. 3 bedroom 1 bath. This home has new lighting, cabinet hardware and interior paint. Kitchen opens to living and dining area. One car garage plus additional covered parking in rear that would be ideal for RV or a boat. Nice large fenced backyard with 2 storage buildings. Convenient location.

Investor Tools

Property Icon
$195,000
Estimated Property Value
$119,737Estimated Mortgage Balance
$75,263Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,170 /month
Positive
Cash Flow Estimate:
$390 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$367/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,430
$151,346
2025
$14,950
$136,396
$151,346
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2025
$3,430
$151,346

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Haskell National Bank
Purchase Money Mortgage
$124,000
No
First
Jun 26, 2024
Jun 2029

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$119,737
$75,263
38%
61%
$744/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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