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$169,000

NAL Estimated Property Value

3349 S 3rd Street, Abilene, TX, 79605

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,136 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$150.09 / sqft
Year BuiltBuilt in 1928

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
AppliancesElectric Range, Refrigerator
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Lot Size9,749 sqft

Building Information

Year Built1928
Stories1
Roof Type105
Garage Spaces2

Land Information

APN59000000800
Lot Number4
SubdivisionRiverside Drive Addn
Land UseResidential
Legal DescriptionRIVERSIDE DRIVE ADDN, BLOCK 2, LOT 4 & W1/2 LT 5
Census Tract011500
Assessed Land Value$9,750
Assessed Improvement Value$124,793
Assessment Year2025

About this property

!!! Rare combination of location, flexibility & value!!! Highly desirable pocket location that's walking distance from the beauty & prestige of Old Elmwood & NOT in a flood zone! This rare Riverside gem sits on a sprawling lot offering privacy, space, and endless potential for constructing additional workshops, a guest home, or other income-producing opportunities. Abundant parking space for multiple vehicles, large trucks, trailers, motorcycles, RVs, campers or etc. This charmer features a large, detached garage with a workshop, plus additional storage (all with electricity) & even has a water well. Truly the perfect space for hobbyists, investors, or those needing extra functionality. Enjoy beautiful curb appeal, mature shade trees, nicely fenced backyard, large open patio in back, & a welcoming covered front porch - ideal for relaxing or entertaining. Inside, you’ll find timeless charm with modern updates throughout, including updated plumbing, NEWER ROOF, and NEWER HVAC system. Versatile floorplan includes a bonus room that can easily serve as a 3rd bedroom, home office or flex space. You'll love the wood-burning fireplace that adds even more character & warmth. Ideal for investors seeking a strong rental opportunity or buyers needing an affordable home for peace of mind living to make their very own. Prime location near lots of shopping, dining, medical, grocery, parks, fitness centers, coffee shops, spas, salons & (most notably) easy highway access for quick commutes to Dyess AFB, multiple universities & the rapidly expanding data centers. Call or text to schedule your showing today before it's too late! Won't last long!

Investor Tools

Property Icon
$169,000
Estimated Property Value
$45,486Estimated Mortgage Balance
$123,514Estimated Equity
73% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,023 /month
Positive
Cash Flow Estimate:
$341 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$325/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,049
$134,543
2025
$9,750
$124,793
$134,543
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2025
$3,049
$134,543

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Abilene Fcu
Conventional
$50,000
No
First
Aug 30, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$45,486
$123,514
73%
27%
$300/mo

City: Abilene

3349 S 3rd Street | Property Details | No Agent List