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$235,000

901 Iberis Road S, Abilene, TX, 79606

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths1 Bath
Baths1,232 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$190.75 / sqft
Year BuiltBuilt in 1945

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 1Bathrooms 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Range, Electric Water Heater
FlooringCarpet, Wood

Exterior

Exterior FeaturesBalcony, Rain Gutters, RV Hookup, Storage
Lot Size1.51 acres

Building Information

Year Built1945
Stories1
Roof Type105
Garage Spaces2

Land Information

APNA0982001292
SubdivisionSur 41 L A L Nw/4
Land UseResidential
Legal DescriptionA0982 SUR 41 L A L NW/4, ACRES 1.505
Census Tract013402
Assessed Land Value$39,930
Assessed Improvement Value$142,401
Assessment Year2025

About this property

Country Living with Room to Grow – 1.5 Acres Enjoy peaceful country living in this charming 1945 farmhouse situated on approximately 1.5 fenced acres. This cozy home offers 1 bedroom with the potential for a second bedroom, a spacious living room, beautiful wood flooring, and a tastefully remodeled bathroom that blends modern updates with classic character. Start or end your day on the large front deck, where you'll enjoy stunning sunset views and the tranquility of the surrounding countryside.A standout feature of the property is the detached 21' x 15' workshop or garage, complete with concrete floors, three windows for natural light, air conditioning, water service, a carport, and two 220-volt electrical outlets—ideal for hobbyists, woodworking, automotive projects, or a home-based business.The property also includes a separate RV hookup with electricity, water, and its own smaller septic system, making it perfect for guests, extended family, or additional flexibility.Whether you're looking for a full-time residence, weekend retreat, or a property with room for projects and RV living, this unique farmhouse offers endless possibilities in a peaceful setting.

Investor Tools

Property Icon
$193,000
Estimated Property Value
$0Estimated Mortgage Balance
$42,067Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,410 /month
Positive
Cash Flow Estimate:
$470 /month

Interested in this property?

Jan McCaslin

Coldwell Banker Apex, REALTORS

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$156/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$908
$149,067
2025
$39,930
$142,401
$182,331
No

Tax History

Year
Tax Paid
Assessed Value
2025
$908
$149,067

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Financial Bank Na
Conventional
$160,550
No
First
Apr 4, 2023
May 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$150,933
$42,067
21%
78%
$963/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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