$299,000
1634 Morrow Ln, Abilene, TX, 79601
On Market
Just Added
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesDishwasher, Electric Range, Gas Water Heater, Microwave, Refrigerator
FlooringLuxury Vinyl Plank
Exterior
Lot Size8,716 sqft
Building Information
Year Built1983
Stories1
Roof Type105
Garage Spaces2
Land Information
APN63775021600
Lot Number30
SubdivisionUniversity Hills Addn Sec 2
Land UseResidential
Legal DescriptionUNIVERSITY HILLS ADDN SEC 2, BLOCK J, LOT 30
Census Tract010100
Assessed Land Value$27,452
Assessed Improvement Value$172,760
Assessment Year2025
About this property
Welcome home to this charming three-bedroom, two-bath brick home. Inside, you’ll find high ceilings and a large sunroom for extra living space. There’s a large garage and a covered back patio, additional storage building, plus a privacy fence for your own peaceful retreat. Conveniently close to Abilene Christian University, Hardin-Simmons University, Walmart, and Hendrick Medical Center. Easy access to I-20, quiet neighborhood, and ready for you to call home.
Investor Tools
$0Estimated Mortgage Balance
$249,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,794 /month
Positive
Cash Flow Estimate:
$598 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$200/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,160
$200,212
2025
$27,452
$172,760
$200,212
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,160
$200,212
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$249,000
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,360/mo
N/A
+$1,360/mo
6.6%
