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$545,000

$564,900

542 County Road 505, Abilene, TX, 79601

On MarketInfo
Price DropInfo
Beds4 Beds
Baths2 Bath
Baths2,228 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$244.61 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven, Double Oven
FlooringVinyl

Exterior

Exterior FeaturesPrivate Yard, Storage, Other
Lot Size19.43 acres

Building Information

Year Built1984
Stories1
Roof Type105
Garage Spaces1

Land Information

APNA1235000400
SubdivisionSur 30 B A L Sw/4
Land UseResidential
Legal DescriptionA1235 SUR 30 B A L SW/4, ACRES 19.43
Census Tract013300
Assessed Land Value$10,517
Assessed Improvement Value$177,546
Assessment Year2025

About this property

Where refined country living meets the spirit of countryside. Welcome to your own 19.43-acre piece of Texas, where open farmland, quality craftsmanship, and thoughtfully designed improvements come together to create a property that is both beautiful and highly functional. The 2,228-square-foot home offers 4 spacious bedrooms and 2 well-appointed bathrooms, with an inviting floor plan designed for everyday living and effortless entertaining. Natural light fills the living area, where a charming wood-burning stove creates a warm and welcoming centerpiece. The kitchen is designed for gathering, featuring double ovens, stainless steel appliances, abundant cabinetry, generous prep space, and functional built-ins—perfect for everything from everyday meals to holiday celebrations. An oversized utility room adds versatility, while the primary suite features dual vanities, a walk-in closet, and a beautifully tiled walk-in shower. Outside, a pipe-fenced entrance and gravel driveway provide a welcoming arrival, with ample parking for RVs, horse trailers, ranch equipment, and guests. The screened porch offers the perfect place to unwind and enjoy peaceful sunsets. Designed for agricultural living, the property is Ag Exempt and includes productive tillable acreage ready for cultivation. A barn, covered horse pens, and open pasture provide a functional setup for horses, cattle, show livestock, or a variety of agricultural uses. Combining comfortable living with the versatility of productive acreage, this property offers privacy, functionality, and room to grow. Whether you’re searching for a full-time residence, a weekend escape, or an investment in the Texas countryside, this exceptional property delivers the opportunity to embrace the rural lifestyle while enjoying the comforts of home. Schedule your appointment today!

Investor Tools

$124,810Estimated Mortgage Balance
$470,036Estimated Equity
79% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,564 /month
Positive
Cash Flow Estimate:
$1,188 /month

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Priscilla Jaques

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$376/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,542
$188,063
2025
$10,517
$177,546
$347,868
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,542
$188,063

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Financial Bank Na
Conventional
$146,000
No
First
Feb 12, 2019
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$124,810
$494,190
79%
21%
$876/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,360/mo
$876/mo
+$484/mo
2.7%

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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542 County Road 505 | Property Details | No Agent List