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$505,000

2302 Independence Blvd, Abilene, TX, 79601

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,377 Sq Ft
DuplexDuplex
price_per_sqft$212.45 / sqft
Year BuiltBuilt in 2012

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Electric Water Heater, Disposal, Microwave
FlooringCarpet, Concrete

Exterior

Lot Size8,843 sqft

Building Information

Year Built2012
Stories1
Roof Type105
Garage Spaces2

Land Information

APN37500030400
Lot Number101
SubdivisionHeritage Parks Sec 5
Land UseResidential
Legal DescriptionHERITAGE PARKS SEC 5, BLOCK B, LOT 101 REP, ACRES .203
Census Tract013300
Assessed Land Value$22,000
Assessed Improvement Value$156,062
Assessment Year2025

About this property

Discover an excellent investment opportunity in the sought-after Heritage Parks subdivision! Ideally located near ACU and Abilene's growing selection of shopping, dining, and entertainment, this FULL duplex offers both convenience and desirable modern features. Each unit boasts an inviting open-concept floor plan, granite countertops, and stylish stained concrete flooring for a clean, contemporary look with easy maintenance. The functional layouts create comfortable living spaces with a seamless flow, appealing to both renters and owner-occupants alike. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the other, this property offers versatility in a convenient location. Don't miss the opportunity to own a duplex in one of Abilene's popular subdivisions, close to campus and the amenities that make everyday living easy!

Investor Tools

$125,291Estimated Mortgage Balance
$146,709Estimated Equity
53% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,030 /month
Positive
Cash Flow Estimate:
$1,010 /month

Interested in this property?

Anna Hughes

Sendero Properties, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$450/month
$144/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,036
$178,062
2025
$22,000
$156,062
$178,062
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,036
$178,062

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mcleod Property Development Llc
Seller Carryback / Seller Financing / Seller Take-Back
$168,000
No
First
Mar 25, 2015
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$125,291
$146,709
53%
46%
$1,008/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,360/mo
$1,152/mo
+$208/mo
6.0%

City: Abilene

2302 Independence Blvd | Property Details | No Agent List