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Days189Days on Market
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$199,000

306 Avenue M, Abernathy, TX, 79311

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,616 Sq Ft
price_per_sqft$123.14 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Free-Standing Range, Microwave, Oven

Exterior

Exterior FeaturesPrivate Yard, Storage
Lot Size6,574 sqft

Building Information

Year Built1997
Roof Type105
Garage Spaces2

Land Information

APNR51605
Lot Number10
SubdivisionOriginal Town Abernathy
Land UseResidential
Legal DescriptionORIG T ABERNATHY BLK 160 L 1-A
Census Tract010202
Assessed Land Value$2,276
Assessed Improvement Value$189,018
Assessment Year2025

About this property

*Seller offering $10,000 flex allowance* *Private Financing Available on this property - reach out to Listing Agent for more info* Built in 1997, this quaint Abernathy home has been well maintained and cared for. This home features 2 isolated bedrooms with an en suite bath in each one. The new owner will love the open concept floor plan, well maintained landscaping and she shed in the backyard. The large living space creates a comfortable place for hosting company. This would make the perfect small family home or investment property at an affordable price in the Abernathy market.

Investor Tools

$0Estimated Mortgage Balance
$203,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,218 /month
Positive
Cash Flow Estimate:
$406 /month

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Ty Horsford

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$110/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$302
$175,913
2025
$2,276
$189,018
$191,294
No

Tax History

Year
Tax Paid
Assessed Value
2024
$302
$175,913

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$203,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,425/mo
N/A
+$1,425/mo
8.4%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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: Abernathy

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306 Avenue M | Property Details | No Agent List