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$252,000

453 County Road 505, Abilene, TX, 79601

SoldInfo
7/16/26

Highlights

Interior

Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size1 acre

Building Information

Garage Spaces8

Land Information

APNR8240000500
Lot Number5
SubdivisionPrairie View Acres Sub Phase I
Land UseResidential
Legal DescriptionPRAIRIE VIEW ACRES SUB PHASE I, LOT 5, ACRES 1.0
Census Tract013300
Assessed Land Value$7,841
Assessed Improvement Value$63,140
Assessment Year2025

About this property

Excellent opportunity on this 1-acre property featuring a 2,000 square foot shop complete with electricity, office space, and attached carport. Property already has a septic system and water meter in place, making it ready for a variety of uses. Conveniently located just minutes from Elmdale RV Park with easy access to town while still offering plenty of space to work and spread out. Ideal for storage, workshop, or future homesite possibilities.

Investor Tools

Property Icon
$252,000
Estimated Property Value
$60,000Estimated Mortgage Balance
$193,236Estimated Equity
76% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,512 /month
Positive
Cash Flow Estimate:
$504 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$202/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,165
$70,981
2025
$7,841
$63,140
$70,981
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,165
$70,981

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ted Robinson Etux
Unknown
$60,000
No
First
May 28, 2025
May 2030

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$58,764
$193,236
76%
23%
$360/mo

Learn About the Market: Opportunity in Texas

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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.

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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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453 County Road 505 | Property Details | No Agent List