2526 S 3rd Street, Abilene Property Listing: MLS® #14160965

3 bedroom, 1 bath, 756 sf house built in in 1941. Ideal investment property with current rent of $650 and existing, two-year tenant desires continued lease arrangement with new owner. With monthly rent of $650 and assuming 8% vacancy per annum, property taxes of $724.16, insurance of $499 and annual maintenance reserve of $525, this property yields a 10.88% cap rate. 5-year old composition roof. New gas line serves hot water heater, stove, and central heat. Property in 100-year flood plain.

2526 S 3rd Street, Abilene Property Listing: MLS® #14160965 Close
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  • Price$49,900
  • Beds3
  • Baths1
  • Sq. Ft.756
  • Acres0.14
  • Built1941

2526 S 3rd Street, Abilene

3 bedroom, 1 bath, 756 sf house built in in 1941. Ideal investment property with current rent of $650 and existing, two-year tenant desires continued lease arrangement with new owner. With monthly rent of $650 and assuming 8% vacancy per annum, property taxes of $724.16, insurance of $499 and annual maintenance reserve of $525, this property yields a 10.88% cap rate. 5-year old composition roof. New gas line serves hot water heater, stove, and central heat. Property in 100-year flood plain.

Essential Information

  • MLS® #14160965
  • Price$49,900
  • Bedrooms3
  • Bathrooms1.00
  • Full Baths1
  • Square Footage756
  • Acres0.14
  • Year Built1941
  • TypeResidential
  • Sub-TypeSingle Family
  • StatusActive

Amenities

  • UtilitiesAsphalt, City Sewer, MUD Water
  • GaragesOther

Exterior

  • RoofComposition
  • ConstructionStucco
  • FoundationPiered Beam Slab

Listing Details

  • Listing AgentJohn Hill
  • Listing OfficeBarnett & Hill

Community Information

  • Address2526 S 3rd Street
  • AreaABILENE SOUTHWEST (303)
  • SubdivisionChristian College 2nd Add
  • CityAbilene
  • CountyTaylor
  • StateTX
  • Zip Code79605-1939

Interior

  • Interior FeaturesOther
  • AppliancesRange/Oven-Gas
  • HeatingCentral Air-Elec, Central Heat-Gas
  • # of Stories1
  • Stories1

School Information

  • DistrictAbilene ISD
  • ElementaryBonham
  • MiddleCraig
  • HighCooper
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Listing information last updated on August 22nd, 2019 at 12:15am CDT.