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$448,898

NAL Estimated Property Value

605 Ave N, Abernathy, TX, 79311

Off MarketInfo
Baths0 Bath
Baths2,608 Sq Ft

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size1.45 acres

Land Information

APN116029
Lot Number5A-5R
Land UseResidential
Legal DescriptionANTELOPE MEADOWS ABY LOTS 5A-5R
Census Tract950900
Assessed Land Value$24,243
Assessed Improvement Value$424,655
Assessment Year2025

About this property

Excellent New Construction Lots! Located just across the street from city park! 1.45 acre lots for new construction where show animals are allowed. Minimum 16oo square feet of floor space, exclusive of garages, porches and basements. The front R part shall be used for the purpose only of single-family residence and the back A part can be animal or light commercial use. Animals are restricted to show or recreational use only. Numbers are limited to 3 large animals or 4 smaller animals, but pigs are not allowed. Fabulous opportunity to have space and privacy along with the conveniences of the city!

Investor Tools

Property Icon
$448,898
Estimated Property Value
$199,154Estimated Mortgage Balance
$249,744Estimated Equity
55% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,693 /month
Positive
Cash Flow Estimate:
$898 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$938/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,012
$448,898
2025
$24,243
$424,655
$448,898
No

Tax History

Year
Tax Paid
Assessed Value
2025
$9,012
$448,898

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
City Bank
Conventional
$242,500
No
First
Sep 22, 2017
Oct 2047

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$199,154
$249,744
55%
44%
$1,454/mo

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: Abernathy

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605 Ave N | Property Details | No Agent List