Listing photo for 1031 S 14th Street, Abilene, TX
Listing photo for 1031 S 14th Street, Abilene, TX
Listing photo for 1031 S 14th Street, Abilene, TX
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1031 S 14th Street,

Abilene, TX $128,000


2 Beds
0.13 Acres

Centrally-located duplex built in 1975. Each 2 bedroom, 1 bath unit leases for $600 per month and measures 784 sqft. Separately metered leaves landlord with expenses for lawn care, insurances, maintenance and property taxes. Assuming a 95% occupancy, gross revenues are forecast to be $13,730. Gross expenses are forecast to be $4,255 leaving net income of $9,475 per annum. If purchased at the asking price, this provides an investor a 7.35% cap rate on this property. Property at 1041 S 14th to the west is also for sale, bringing unit count across both properties to five.

Facts & Features
Days on Market 114
Cumulative Days on Market 114
HOA None
MLS® # 14276004
Price $128,000
Bedrooms 2
Bathrooms 0.00
Full Baths 1
Stories 1
Acres 0.13
Year Built 1975
Type Multi-Family
Sub-Type Full Duplex
Status Active
List Type Exclusive Right to Sell/L
Off Market Date November 30th, -0001
Pending Date November 30th, -0001
Status Change Date March 6th, 2020
Community Information
Address 1031 S 14th Street
Area 304
Subdivision Ledbetter Horton & Hall
City Abilene
County Taylor
State TX
Zip Code 79602-3836
Utilities MUD Sewer, MUD Water
Parking Spaces 2
Garages Rear, Shared Carport
Waterfront No
Has Pool No
Interior Features Other
Appliances Range/Oven-Electric, Refrigerator
Heating Window Unit, Space Heater
Fireplace No
Stories 1
Roof Composition
Construction Wood
Foundation Slab
Additional Information
Foreclosure No
Listing Details
Agent John Hill
Office Barnett & Hill
Photo of Jelena Petrovic

Jelena Petrovic

Cell: 214-714-3137

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Listing information last updated on May 29th, 2020 at 3:15pm CDT.