102 S 2nd Street
About This Property
Tucked into a peaceful, established neighborhood, this 4-bedroom, 2-bath home sits on a corner double lot shaded by seven mature pecan trees. It's the kind of place that feels a little removed from the rush of everyday life, without actually being far from anything. Work, shopping, restaurants and everything Abilene has to offer are just 15 minutes down the road.
Inside, you'll find four good-sized bedrooms, two completely remodeled bathrooms, fresh finishes and updated lighting throughout. The kitchen has been updated with a new stovetop, oven and dishwasher.
And while there's plenty to appreciate on the surface, a lot of money and attention has gone into the things that matter for years to come. The foundation has been re-leveled, along with a new roof, new central HVAC, new attic insulation, new water heater, and a new 200-amp electrical service with a new meter can and breaker panel. The expensive work has already been taken care of.
There's even more room than the listed square footage shows. An approximately 140-square-foot office or flex room next to the garage isn't included in the listed square footage and has its own brand-new mini split for heating and cooling. It's ready to be an office, art room, hobby space, workout room or whatever extra space you need.
But maybe the best part is outside. This is a yard built for good old-fashioned yard sitting. Find some shade under the pecan trees, visit with friends, enjoy a cold drink as the day cools off, and watch the kids chase lightning bugs until dark. There's also a backyard storm shelter for those West Texas storms.
It's small-town Texas living the way it ought to be: a little quieter, a little slower and with room to enjoy the simple things.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 16, 2026 | Price Decreased |
$259,000
↓ $6K
(2.3%) | |
| Price Decreased | |||
| Sep 1, 2026 | Price Decreased |
$265,000
↓ $5K
(1.9%) | |
| Price Decreased | |||
| Aug 6, 2026 | Price Decreased |
$270,000
↓ $5K
(1.8%) | |
| Price Decreased | |||
| Jul 17, 2026 | Price Decreased |
$275,000
↓ $5K
(1.8%) | |
| Price Decreased | |||
| Jun 25, 2026 | Listed by Coldwell Banker Apex, REALTORS | $280,000 | |
| Listed by Coldwell Banker Apex, REALTORS | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017