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$208,000

NAL Estimated Property Value

626 Lexington Avenue, Abilene, TX, 79605

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,952 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$81.92 / sqft
Year BuiltBuilt in 1954

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Range
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Lot Size10,576 sqft

Building Information

Year Built1954
Stories1
Roof Type105
Garage Spaces1

Land Information

APN26800131100
Lot Number2
SubdivisionElmwood West Sec H
Land UseResidential
Legal DescriptionELMWOOD WEST SEC H, BLOCK 2, LOT 2
Census Tract011400
Assessed Land Value$15,863
Assessed Improvement Value$137,456
Assessment Year2025

About this property

Attention future homeowners and investors!! A Rare opportunity awaits! This three bedroom, two bath, mid-century modern home is situated in an established neighborhood with tons of mature shade trees. Spacious formal dining opens to a generous size family room, providing plenty of room for entertaining. Large eat-in kitchen boasts ample cabinets, a gas range, a huge walk-in pantry and a cozy breakfast nook. Large bedrooms with walk-in closets and plenty of natural lighting. Garage was enclosed and serves a bonus room off of the living, as well as additional exterior storage. Rear driveway offers parking for all your toys. Bring your ideas and make this old Elmwood Charm your own. There’s plenty of potential for the savvy investor.

Investor Tools

Property Icon
$208,000
Estimated Property Value
$130,575Estimated Mortgage Balance
$77,425Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,248 /month
Positive
Cash Flow Estimate:
$416 /month

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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
$3,475
$153,319
2025
$15,863
$137,456
$153,319
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,475
$153,319

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Financial Bank Na
Conventional
$140,125
No
First
Sep 9, 2022
Oct 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$130,575
$77,425
37%
63%
$841/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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626 Lexington Avenue | Property Details | No Agent List