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$151,000

NAL Estimated Property Value

3234 Melinda Ln, Abilene, TX, 79603

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,214 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$123.48 / sqft
Year BuiltBuilt in 1958

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Oven, Electric Range, Microwave
FlooringCarpet, Ceramic Tile, Laminate, Wood

Exterior

Exterior FeaturesStorage
Lot Size8,059 sqft

Building Information

Year Built1958
Stories1
Roof Type105
Garage Spaces180

Land Information

APN32000067000
Lot Number32
SubdivisionGreen Acres Sec 2
Land UseResidential
Legal DescriptionGREEN ACRES SEC 2, BLOCK 32, LOT 32, CONT
Census Tract010500
Assessed Land Value$10,881
Assessed Improvement Value$137,166
Assessment Year2025

About this property

Completely remodeled 3 bedroom home in quaint neighborhood. Very nice workshop & large backyard with the additional possibility of rear parking in the back or a great place to construct a detached garage or 2nd workshop. Oversized driveway that's been widened & extended. New stainless steel appliances. New paint inside & out. Tastefully updated kitchen & bathroom. Brand new wood laminate flooring. Open concept layout with endless possibilities. It can be situated to form 2 living areas or 2 dining areas. All bedrooms are spacious. Lots of storage in kitchen & a huge utility room & walk-in pantry off the kitchen that you don't want to miss. This is THE ONE you've been waiting for. Beautiful curb appeal, freshly landscaped & a park-like feel in the backyard. This home qualifies for special financing with no money down as well. Call today to find out more & schedule your showing before it's too late 325-386-8419

Investor Tools

Property Icon
$151,000
Estimated Property Value
$140,271Estimated Mortgage Balance
$10,729Estimated Equity
7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$906 /month
Positive
Cash Flow Estimate:
$302 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$343/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,355
$148,047
2025
$10,881
$137,166
$148,047
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,355
$148,047

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Financial Bank Na
Fha
$147,184
Yes
First
Oct 31, 2023
Nov 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$140,271
$10,729
7%
93%
$883/mo

City: Abilene

3234 Melinda Ln | Property Details | No Agent List