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B+
NoAgentList RatingHow are grades calculated? Info

$75,000

60 Teakwood Street, Abilene, TX, 79601

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths682 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$109.97 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Plumbed For Ice Maker, Vented Exhaust Fan, Electric Water Heater
FlooringCarpet, Ceramic Tile

Exterior

Lot Size3,690 sqft

Building Information

Year Built1983
Stories1
Roof Type105

Land Information

APN63775016400
Lot Number60
SubdivisionUniversity Hills Addn Cont 1
Land UseResidential
Legal DescriptionUNIVERSITY HILLS ADDN CONT 1, BLOCK A, LOT 60
Census Tract010100
Assessed Land Value$11,919
Assessed Improvement Value$82,431
Assessment Year2025

About this property

Darling & low maintenance condo conveniently located near ACU, Hardin Simmons, Hendrick Hospital & near Abilene's fastest growing commercial area! Impeccably maintained home is situated under the shade of mature trees & on corner for larger yard, privacy fence & storage shed that stays! Inside you will be welcomed by grand vaulted ceilings, corner wood burning fireplace for ambiance & update flooring throughout including warm, wood toned LPV, ceramic tile & brand new carpet! Well equipped kitchen offers ample, hand crafted wood cabinetry for great storage & function. Quaint dining is the perfect spot to host loved ones. Would make great rental investment or cheaper than rent primary residence! Welcome home!

Investor Tools

Property Icon
$129,000
Estimated Property Value
$0Estimated Mortgage Balance
$63,571Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$774 /month
Positive
Cash Flow Estimate:
$258 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$232/month
$80/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,138
$94,350
2025
$11,919
$82,431
$94,350
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,138
$94,350

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Financial Bank Na
Conventional
$74,100
No
First
May 11, 2020
Jun 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$65,429
$63,571
49%
51%
$445/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,006/mo
$525/mo
+$481/mo
9.4%

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.

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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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60 Teakwood Street | Property Details | No Agent List