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$155,000

NAL Estimated Property Value

609 Lexington Avenue, Abilene, TX, 79605

$201,500 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,340 Sq Ft
price_per_sqft$102.52 / sqft
Year BuiltBuilt in 1954

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
AppliancesBuilt-In Gas Range, Dishwasher, Gas Oven, Microwave
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesStorage
Lot Size13,922 sqft

Land Information

APN26800130000 01
Lot Number5
SubdivisionElmwood West Sec H
Land UseRes-On Non Farm Or Ranch Or Multi-Family W/Hs
Legal DescriptionELMWOOD WEST SEC H, BLOCK 1, LOT 5 & N5 OF 4, UNDIVIDED INTEREST 50.0000000000%
Census Tract011400
Assessed Land Value$3,480
Assessed Improvement Value$112,923
Assessment Year2023

About this property

REMODELED 2,340 SQFT of beauty! This 4 bed 2.5 bath 2 living area home has a giant list of BRAND NEW FEATURES LIKE: The roof, carpet & vinyl flooring, interior & exterior paint, doors, light & plumbing fixtures, ceiling fans, gigantic windows, brushed nickel hardware, kitchen counter tops, sink, microwave with vent, deluxe gas drop in stove oven, backsplash, dishwasher, 2nd living has a new window heat pump AC combo, both full baths have new tubs & vanities, all baths have new sinks, ceramic tiled showers, cabinets, mirrors, and fixtures. UPGRADED ELECTRIC SYSTEM!!! In 2015 a 5 ton Seer HVAC was installed by Quality Heating & Cooling. Two storage buildings, sizable back yard & many pecans trees grace the place. Come drive through the charming neighborhood and check it out while it's still available. Better hurry.

Investor Tools

Property Icon
$155,000
Estimated Property Value
$199,878Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$201,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,439 /month
Positive
Cash Flow Estimate:
$480 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$181/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,403
$116,403
2023
$3,480
$112,923
$116,403
No

Tax History

Year
Tax Paid
Assessed Value
2018
$1,403
$116,403

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Fha
$215,659
Yes
First
Jun 1, 2022
Jul 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$199,878
N/A
0%
129%
$1,293/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.

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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609 Lexington Avenue | Property Details | No Agent List