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Sold 79602 Abilene

1041 S 14th St

Abilene, TX 79602

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Sold

$70,001 - $80,000

Sold on November 23, 2020

5 Bedroom(s)

3 Full Bath(s)

0.14 Lot Acres

Multi-Family - Triplex

167 Day(s) on HAR.com

Home value comparables

Using a REALTOR is the best way to determine the market price of a home. Start this process by viewing the third-party valuations and then contact a Realtor to determine a reasonable purchase price for a home.

Current Valuations

Home Value Comparables

AVM Value $135K	AVM Value $173K	AVM Value $157K	AVM Value $140K
Value Range $115K - $155K	Value Range $151K - $194K	Value Range $146K - $168K	Value Range $ 140,085
Confidence Score 85% Margin of Error*: 15%	Confidence Score 72% Margin of Error*: 12%	Confidence Score NA	Confidence Score NA

Limitations: This represents an estimated sales price for this property. It is not the same as the opinion of value in an appraisal developed by a licensed appraiser under the Uniform Standards of Professional Appraisal Practice. The values do not include a physical or visual inspection of the subject property. User shall not use the values in lieu of an appraisal by a licensed appraiser or as a basis for making any financial decision.

Zestimate Home Values are provided by Zillow, Inc. Use is subject to Zillow Terms of Use and are provided as-is, as-available.

Description

Three-unit investment property on busy thoroughfare means your FOR LEASE sign will get high visibility when leasing this centrally-located property. Front house (1041 S 14th St.) leases for $600 per month and is a 1104-sf, 3-bedroom 1-bath house and tenant pays all bills. Rear, two-story, two-unit property (addressed 1417 Sycamore A & B) are each 624-sf, one-bedroom units and lease for $650 each with all bills paid. Assuming a 95% occupancy, gross revenues are forecast to be $21,739. Gross expenses are forecast to be $7,782 leaving net income of $13,956 per annum. If purchased at the asking price, this provides an investor a 9.98% cap rate on this property.

MLS#

NTREIS-14343143

Sold Price Range

$70,001 - $80,000

Listing Status

Sold

Address

1041 S 14th St

City

Abilene

State

Zip Code

79602

County

Taylor County

Subdivision

Ledbetter Horton & Hall

Neighborhood

View Original Town South Profile View all homes in Original Town South

Legal Description

LEDBETTER / HORTON & HALL, BLOCK 3-4, LOT 5 L

Property Type

Multi-Family - Triplex

Bedroom

5 Bedroom(s)

Bath

3 Full Bath(s)

Stories

Year Built

1928 / Appraisal District

Lot Size

0.14 Lot Acres./Appraisal District

Property map

Street
view

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directions

John Hill

Barnett & Hill

Call

Exterior

Roof

Composition

Foundation

Pier & Beam, Slab

Private Pool

Exterior Type

Wood

Parking

Other

Utility

Alley,Asphalt,MUD Sewer,MUD Water

Interior

Heating

Other, Window Unit

Other Equipment

Other,Refrigerator

Lot information

Lot Size

0.14 Lot Acres /Appraisal District

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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy

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Property tax

Cost/Sqft based on tax value

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Down Payment Assistance

Mortgage

Create and estimate your monthly mortgage payment and property taxes, based on past rates.

Estimated Monthly Payments

LIST PRICE

DOWN PAYMENT

Amount

Percentage

Loan Term

Months

Years

Annual Interest Rate Estimated Monthly Principal & Interest

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Estimated Monthly Property Tax

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Monthly Homeowner's Insurance Monthly PMI (Private Mortgage Insurance) Monthly HOA fees

Full Page

Listing Tax	Numbers
Principal & Interest	2,841
Taxes	1,242

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Subdivision Facts

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Schools

School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.