$1,191,000
NAL Estimated Property Value301 S Pioneer Drive, Abilene, TX, 79605
Off Market
Commercial
Highlights
Interior
FlooringCarpet, Ceramic Tile
Exterior
Lot Size2.17 acres
Building Information
Year Built1977
Stories1
Roof Type172
Garage Spaces7
Land Information
APN26800161700
Lot Number1
SubdivisionElmwood West Sec N
Land UseCommercial
Legal DescriptionELMWOOD WEST SEC N, LOT 1
Census Tract011400
Assessed Land Value$141,635
Assessed Improvement Value$1,049,365
Assessment Year2025
About this property
41,555 SF commercial office building zoned Light Industrial. 2.16 total acres with 1.13 acres of paved parking and 4,319 SF of covered parking. Almost all of the HVAC units have been replaced in the last 6-7 years. The building is currently well diversified with a base of 13 tenants.
Investor Tools
$1,191,000
Estimated Property Value
$314,220Estimated Mortgage Balance
$876,780Estimated Equity
73% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,800 /month
Positive
Cash Flow Estimate:
$2,600 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,746/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$26,993
$1,191,000
2025
$141,635
$1,049,365
$1,191,000
No
Tax History
Year
Tax Paid
Assessed Value
2025
$26,993
$1,191,000
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Coleman County State Bank
Purchase Money Mortgage
$166,830
No
First
Mar 1, 2023
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$314,220
$876,780
73%
26%
$2,002/mo
