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$167,500

501 S La Salle Dr, Abilene, TX, 79605

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,329 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$126.03 / sqft
Year BuiltBuilt in 1954

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Half 2Bathrooms Half 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
AppliancesDishwasher, Electric Cooktop, Electric Oven, Electric Range
FlooringCarpet, Linoleum, Tile

Exterior

Lot Size9,975 sqft

Building Information

Year Built1954
Stories1
Roof Type105
Garage Spaces4

Land Information

APN26800156200
Lot Number9
SubdivisionElmwood West Sec K
Land UseResidential
Legal DescriptionELMWOOD WEST SEC K, BLOCK 5, LOT 9
Census Tract011400
Assessed Land Value$20,948
Assessed Improvement Value$134,114
Assessment Year2025

About this property

Welcome to 501 S La Salle, a 3 bedroom, 2 bathroom home full of potential and opportunity. Whether you’re looking for your first home or your next investment property, this one is priced and positioned to move quickly. Inside, you’ll find a functional layout with plenty of space to make your own, while outside offers a detached shed that would make a great workshop, craft space, storage area, or hobby room. This property offers a great chance to add value and make it your own over time. Don’t miss your chance to get into a home with so much potential at an affordable price point!

Investor Tools

Property Icon
$166,000
Estimated Property Value
$0Estimated Mortgage Balance
$166,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,005 /month
Positive
Cash Flow Estimate:
$335 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$100/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$369
$110,369
2025
$20,948
$134,114
$155,062
No

Tax History

Year
Tax Paid
Assessed Value
2025
$369
$110,369

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$166,000
100%
0%
$0/mo

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: Abilene

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501 S La Salle Dr | Property Details | No Agent List