$215,000
$10K PRICE DROP

2826 Pine St Abilene, TX 79601

North College Neighborhood

Estimated payment $1,313/month

Total Views 29,368
3 Beds
2.5 Baths
2,284 Sq Ft
$94 Price per Sq Ft

Highlights

  • Luxury Vinyl Plank Tile Flooring
  • Central Heating and Cooling System
  • High Speed Internet

About This Home

This unique investment property features an 800 SF 2 bedroom, 1 bathroom unit rented for $750 per month through October 2024, a 484 SF garage apartment rented for $475 per month through March 2024, a 1,000 SF warehouse with a half bathroom rented for $600 on a month-to-month basis, as well as a shell below the garage apartment that could be converted into an additional unit. All units are separately metered. Refrigerator, stove and stackable washer and dryer in the 2 bedroom unit convey.

Listing Agent

Mitch Barnett

Barnett & Hill Brokerage Phone: 325-677-3500 License #0574772 Listed on: 10/12/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,185

Year Built

  • Built in 1950

Home Design

  • Duplex
  • Slab Foundation
  • Metal Roof
  • Block Exterior

Flooring

  • Carpet
  • Concrete
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • Carport
  • Common or Shared Parking
  • Off-Street Parking

Schools

  • Ortiz Elementary School
  • Mann Middle School
  • Abilene High School

Utilities

  • Central Heating and Cooling System
  • Window Unit Cooling System
  • High Speed Internet
  • Cable TV Available

Additional Features

  • 2-Story Property
  • 0.25 Acre Lot

Listing and Financial Details

  • Legal Lot and Block 3 / 18
  • Assessor Parcel Number 28352

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • 2,284 Sq Ft Building
  • North Park Add Subdivision

Building Details

  • Gross Income $21,900
  • Net Operating Income $17,762

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,185

Year Built

Built in 1950

Lot Details

0.25 Acres

Listing Details

  • OWNERNAME: Of Record
  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Unit Levels: Two
  • Year Built Details: Preowned
  • Attribution Contact: 325-677-3500
  • CapRate: 8.26
  • Co List Office Mls Id: BHAB
  • HumanModifiedYN: Yes
  • UniversalParcelId: urn:reso:upi:2.0:US:48253:28352
  • Special Features: VirtualTour
  • Year Built: 1950

Interior Features

  • Interior Amenities: High Speed Internet, Cable TV
  • Flooring: Carpet, Concrete, Luxury Vinyl Plank
  • Appliances: Refrigerator

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Slab
  • Roof: Metal
  • Construction Materials: Block
  • Pool Features: None
  • RoadSurfaceType: Asphalt

Garage/Parking

  • Cooling System: Central Air, Window Unit(s)
  • Parking Features: Common, Carport, Off Street

Utilities

  • Sewer: Public Sewer
  • Heating: Central
  • Utilities: Electricity Connected, Natural Gas Available, Sewer Available, Separate Meters, Water Available, Cable Available
  • Heating Yn: Yes

Schools

  • Elementary School: Ortiz
  • High School: Abilene
  • Junior High Dist: Abilene ISD

Lot Info

  • Lot Size Units: Acres
  • Lot Size Area: 0.254
  • Parcel Number: 28352
  • Lot Size Acres: 0.254
  • Lot Size Sq Ft: 11064.24

Building Info

  • Year Built: 1950
  • Units Total: 3

Multi Family

  • Insurance Expense: 2000.0
  • Annual Gross Income: 21900.0
  • Property Net Operating Income: 17762.0

Tax Info

  • TaxBlock: 18
  • Tax Lot: 3
  • Tax Annual Amount: 2185.0

MLS Schools

  • MiddleOrJuniorSchool: Mann

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,156 $98,013 $17,156 $80,857
2023 $2,156 $86,069 $11,068 $75,001
2022 $2,138 $84,222 $11,068 $73,154
2021 $1,829 $67,812 $11,068 $56,744
2020 $1,687 $61,510 $11,068 $50,442
2019 $1,567 $60,639 $11,068 $49,571
2018 $1,489 $57,778 $11,068 $46,710
2017 $870 $35,018 $11,068 $23,950
2016 $737 $29,670 $7,000 $22,670
2015 $674 $29,181 $7,000 $22,181
2014 $674 $27,827 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2024 05/15/24 Price Changed $215,000 -4.4% $94 / Sq Ft
10/12/2023 10/12/23 For Sale $225,000 -- $99 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Purchase History

Date Type Sale Price Title Company
Deed -- Big Country Title
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $1,000,000 Construction
Source: Public Records

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20453802

North Texas Real Estate Information Systems (NTREIS)

APN: 28352

Texas Taylor County Abilene 79601 North College

2826 Pine St, Abilene, TX

For Sale

MultiFamily

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