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$639,000

NAL Estimated Property Value

301 Ave N, Abernathy, TX, 79311

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths4,605 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$151.79 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRange, Disposal, Dishwasher, Electric Cooktop, Free-Standing Range, Gas Water Heater, Water Heater

Exterior

Private PoolPrivate Pool
Exterior FeaturesAwning(s), Fire Pit
Lot Size1.76 acres

Building Information

Year Built1950
Roof Type105
Garage Spaces2

Land Information

APNR311878
Land UseResidential
Legal DescriptionBLK CK SEC 10 AB 965 TR D3 AC: 1.756
Census Tract010202
Assessed Land Value$24,584
Assessed Improvement Value$309,910
Assessment Year2025

About this property

Welcome to this one-of-a-kind home in the sought after Abernathy community and school district. With over 4600 square feet of mostly updated space this home sits on 1.75 acres and features a new 1500 square foot barn with two large overhead doors and two canopies coming off of it to create a beautiful outdoor/backyard space that overlooks the above ground swimming pool. The new owner of this property will enjoy a massive kitchen with granite countertops, top of the line appliances and two separate sinks. The master suite features a separate walk-in shower and soaking tub. It also boasts a huge walk in closet. Bedrooms two and three are spacious with lots of closet space and another large bathroom conveniently situated between the two bedrooms. The formal living space is inviting with a large bay window looking out the front of the house while the second massive living space used to serve as the town's dance hall. It could be used for a home theater, game room, office, or a combination of it all. It even has it's own retro half bathroom. The property also features two 1400 gallon septic tanks, two hot water heaters, and two 5-ton HVAC units. Updated meets historic in this property that's sure to impress. The seller is ready to entertain offers.

Investor Tools

Property Icon
$639,000
Estimated Property Value
$590,635Estimated Mortgage Balance
$48,365Estimated Equity
7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,194 /month
Positive
Cash Flow Estimate:
$1,398 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$396/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,559
$334,494
2025
$24,584
$309,910
$334,494
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,559
$334,494

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Conventional
$598,500
No
First
Aug 4, 2025
Sep 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$590,635
$48,365
7%
92%
$3,589/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,425/mo
$3,589/mo
$-2,164/mo
2.7%

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: Abernathy

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301 Ave N | Property Details | No Agent List