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General Description
minimizePROPERTY SLATED TO CLOSE 4-17-23 136-unit value add multifamily property in a stable, centrally-located neighborhood. This property needs investors to address windows, HVAC, & interiors which then requires investors to develop a plan for water & electric service to accomdate upgrades to make these apartments marketable. Complex currently at 9% occupancy and those units lease for $0.81 per sf. Average area rents are $1.05 per sf. Full offering memorandum can be seen at tm.barnetthill.com.
Interior Features
Exterior Features
Source
Selling Agent and Brokerage
minimizeProperty Tax
minimizeMarket Value Per Appraisal District
Cost/sqft based on Market Value
| Tax Year | Cost/sqft | Market Value | Change | Tax Assessment | Change |
|---|---|---|---|---|---|
| 2023 | $-- | $996,000 | 140.00% | $996,000 | 140.00% |
| 2022 | $-- | $415,000 | 0.00% | $415,000 | 0.00% |
| 2021 | $-- | $415,000 | 1.72% | $415,000 | 1.72% |
| 2020 | $-- | $408,000 | 3.55% | $408,000 | 3.55% |
| 2019 | $-- | $394,000 | 7.07% | $394,000 | 7.07% |
| 2018 | $-- | $368,000 | $368,000 |
2023 Taylor County Appraisal District Tax Value
| Market Land Value: | $147,075 |
| Market Improvement Value: | $848,925 |
| Total Market Value: | $996,000 |
2023 Tax Rates
| CITY OF ABILENE: | 0.7328 % |
| TAYLOR COUNTY: | 0.5397 % |
| ABILENE ISD: | 1.0326 % |
| Total Tax Rate: | 2.3051 % |
Estimated Mortgage/Tax
minimize| Estimated Monthly Principal & Interest (Based on the calculation below) | $ 10,083 |
| Estimated Monthly Property Tax (Based on Tax Assessment 2023) | $ 1,913 |
| Home Owners Insurance | Get a Quote |
Subdivision Facts
minimizeFacts (Based on Active listings)
Schools
minimizeSchool information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.
ASSIGNED SCHOOLS
|
Good | 
View Nearby Schools ↓
Property Map
minimize4026 S 7th St Abilene TX 79605 was recently sold. It is a 9.71 Acre(s) Lot, in Elmwood West.
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