2826 Pine Street

Abilene, TX 79601

$215,000
Price
3
Beds
2
Baths
1
1/2 Bath
2,284 Sq. Ft.
$94 / Sq. Ft.
2,284
Sq. Ft.
$94
per Sq. Ft.

Description

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.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.
  1. Listed by Mitch Barnett • TREC #0574772 • Barnett & Hill • 325-677-3500

Property Details for 2826 Pine Street

Subdivision Name
North Park Add
Pool
No
Number Of Parking Spaces
6
LISTING UPDATED: 06/18/2024 08:52 AM

Property Details for 2826 Pine Street

StatusActive
MLS #20453802
Days on Market408
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Full Duplex
Year Built1950
Lot Size0.25 AC / 11,064 SF
CountyTaylor County

Building Information for 2826 Pine Street

Stories2Residences3Year Built1950Building Size-Lot Size0.25 AC / 11,064 SF

Property Information for 2826 Pine Street

Summary
Location and General Information
  • Block: 18
  • Complex Name: North Park
  • Directions: From Ambler and Pine, head north on Pine. The property will be on the left.
  • Elementary School: Ortiz
  • Elementary School Name: Ortiz
  • High School: Abilene
  • High School Name: Abilene
  • Middle School: Mann
  • Year Built Details: Preowned
  • School District: Abilene ISD
  • Geocode Confidence: High
  • Latitude: 32.48
  • Longitude: -99.73
  • State: Texas
Parking
  • Parking Features: Carport, Common, Off Street
Taxes and HOA Information
  • Tax Legal Description: NORTH PARK ADDN, BLOCK 18, LOT E140 S50 N150
  • Association Type: None
  • Tax Lot: 3
Virtual Tour
Interior and Exterior Features
Interior Features
  • Flooring: Carpet, Concrete, Luxury Vinyl Plank
  • Heating: Central
  • Interior Features: Cable TV Available, High Speed Internet Available
  • Appliances: Refrigerator
  • Cooling: Central Air, Window Unit(s)
  • Smart Home Features Appor Pass Y: No
Exterior Features
  • Building Area Source: Assessor
  • Construction Materials: Block
  • Foundation Details: Slab
  • Number Of Stories: 2
  • Roof: Metal
  • Number Of Units Total: 3
  • Levels: Two
Property
Utilities
  • Utilities: Alley, Asphalt, Cable Available, City Sewer, City Water, Electricity Connected, Individual Gas Meter, Individual Water Meter
Property and Assessments
  • Handicap: No
  • Loan Type: Treat As Clear
  • Property Match: APN
Lot Information
  • Lot Size Acres: 0.254
  • Lot Size Area: 0.254
  • Lot Size Units: Acres
  • Lot Size Square Feet: 11064.24
  • Multi Parcel ID: No
  • Parcel Number: 28352
Multi Family
Multi-Family Information
  • Number Of Buildings: 2
  • Capitalization Rate: 8.26%
  • Gross Annual Expenses: $2,138
  • Gross Annual Income: $21,900
  • Insurance Expense: $2,000
  • Net Operation Income: $17,762.00
Unit 1
  • Approximate SQFT: 800.0
  • Average Lease Amount: $750.00
  • Living Area Length: 12.0
  • Living Area Width: 10.0
  • Number Of Baths Full: 1
  • Number Of Baths Half: 0
  • Unit Type Type: 2 Bedroom
Unit 2
  • Approximate SQFT: 400.0
  • Average Lease Amount: $475.00
  • Living Area Length: 10.0
  • Living Area Width: 10.0
  • Number Of Baths Full: 1
  • Number Of Baths Half: 0
  • Unit Type Type: 1 Bedroom
Unit 3
  • Approximate SQFT: 1000.0
  • Average Lease Amount: $600.00
  • Living Area Length: 35.0
  • Living Area Width: 30.0
  • Number Of Baths Full: 1
  • Number Of Baths Half: 0
  • Unit Type Type: Studio

Property History for 2826 Pine Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2826 Pine Street

Taxable ValueLand$11,068Additions$82,623Total$93,691
Tax Record2023$1,984 ($165 / month)
Home Facts
Beds0Baths3Total Finished SqFt1,800 SqFtAbove Grade Finished SqFt1,800 SqFtStories1Lot Size11,069 SqFtStyleSingle Family ResidenceYear Built1950CountyTAYLORAPN48200034800

Schools near 2826 Pine Street

This home is within Abilene Independent School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Ortiz Elementary School
PublicK to 5

Mann Middle School
Public6 to 8

Abilene High School
Public9 to 12

Holland Medical High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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2826 Pine Street is a multi-family home for sale in Abilene, TX 79601. This property was listed for sale on October 12, 2023 by Barnett & Hill, it's currently listed at $215,000. This listing's school district is Abilene Independent School District. Nearby schools include Ortiz Elementary School, Mann Middle School and Abilene High School. 2826 Pine Street is a 3-bed, 2.5-bath, 2,284 sqft multi-family home built in 1950.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Barnett & Hill, Mitch Barnett

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