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B+
NoAgentList RatingHow are grades calculated? Info

$249,900

3109 Meander St, Abilene, TX, 79602

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,574 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$158.77 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven, Gas Water Heater
FlooringCarpet, Tile, Varies

Exterior

Exterior FeaturesRain Gutters
Lot Size10,799 sqft

Building Information

Year Built1975
Stories1
Roof Type105
Garage Spaces2

Land Information

APN31260001000
Lot Number5
SubdivisionI S Gathright
Land UseResidential
Legal DescriptionI S GATHRIGHT, BLOCK 11, LOT 5
Census Tract012400
Assessed Land Value$21,600
Assessed Improvement Value$160,893
Assessment Year2025

About this property

Well-maintained 3-bedroom, 2-bath home featuring vaulted ceilings and an inviting layout. Enjoy relaxing in the screened-in porch overlooking a spacious backyard with mature shade trees—perfect for outdoor living. The property includes a storage shed with electricity and a 2-car garage equipped with 220 power. Major updates completed approximately 2 years ago include the roof, water heater, and stylish wood-look tile flooring. Foundation repairs were completed by Hat Creek Foundation in 2022.

Investor Tools

Property Icon
$245,000
Estimated Property Value
$157,102Estimated Mortgage Balance
$80,067Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,499 /month
Positive
Cash Flow Estimate:
$500 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$308/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,474
$182,493
2025
$21,600
$160,893
$182,493
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,474
$182,493

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Fha
$157,102
Yes
First
May 26, 2021
Jun 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$165,248
$57,752
25%
67%
$1,089/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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3109 Meander St | Property Details | No Agent List