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Sold 79605 Abilene

4026 S 7th St

Abilene, TX 79605

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Sold

$1,888,001 - $2,176,000

Sold on April 27, 2023

9.71 Lot Acres

Multi-Family - 5 Plus

52 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 $1.95M	AVM Value $2.02M	AVM Value $996K
Value Range $1.60M - $2.30M	Value Range $1.86M - $2.20M	Value Range $ 996,000
Confidence Score 82% Margin of Error*: 18%	Confidence Score NA	Confidence Score NA

$1.95M

$2.02M

$996K

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

PROPERTY SLATED TO CLOSE 4-17-23 136-unit value add multifamily property in a stable, centrally-located neighborhood. This property needs investors to address windows, HVAC, & interiors which then requires investors to develop a plan for water & electric service to accomdate upgrades to make these apartments marketable. Complex currently at 9% occupancy and those units lease for $0.81 per sf. Average area rents are $1.05 per sf. Full offering memorandum can be seen at tm.barnetthill.com.

MLS#

NTREIS-20235604

Sold Price Range

$1,888,001 - $2,176,000

Listing Status

Sold

Address

4026 S 7th St

City

Abilene

State

Zip Code

79605

County

Taylor County

Subdivision

Elmwood West

Neighborhood

View Elmwood Area Profile View all homes in Elmwood Area

Legal Description

ELMWOOD WEST SEC B, BLOCK C

Property Type

Multi-Family - 5 Plus

Stories

Year Built

1950 / Appraisal District

Lot Size

9.71 Lot Acres./ASSESSOR

Property map

Street
view

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directions

John Hill

Barnett & Hill

Call

Exterior

Roof

Composition

Foundation

Pillar/Post/Pier

Private Pool

Exterior Type

Brick

Lot Description

Acreage

Parking

Covered

Parking Space

Garage 0 / Carport 0 / Total Covered 88

Utility

Alley, MUD Sewer, MUD Water

Interior

Cooling

None, Other

Heating

Natural Gas, None, Other, Wall Furnace

Appliances

None

Lot information

Lot Size

9.71 Lot Acres /ASSESSOR

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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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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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More Options

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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Market update video

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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.