1509 Matador Street
About This Property
Discover this delightful 3-bedroom, 2-bath home situated in the heart of Abilene, TX, perfectly positioned near shopping, coffee shops, McMurry University, and a local park. Recently enhanced with updates such as HVAC, windows, and flooring, this home masterfully blends old-world charm with contemporary comforts.
Step inside to find a spacious, open floor plan that seamlessly connects the living areas, including a formal dining room perfect for gathering and a cozy coffee nook. Generous bedroom sizes feature multiple closets, with the main bedroom offering convenient outdoor access. The home boasts abundant storage, including a large cedar closet for additional space.
Exterior highlights include a cute front porch and inviting back patio, as well as a versatile shop with electric. Though it lacks a garage, the property makes up for it with functional alternatives. Experience the warmth and convenience of Abilene living-contact the listing agent today for a private showing.
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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 |
|---|---|---|---|
| Apr 3, 2025 | Sold | ||
| Sold | |||
| Mar 6, 2025 | In contract | - | |
| In contract | |||
| Feb 8, 2025 | Listed by Coldwell Banker Apex, REALTORS | $175,000 | |
| Listed by Coldwell Banker Apex, REALTORS | |||
| May 12, 2023 | Sold | ||
| Sold | |||
| Feb 15, 2023 | Listed by Ace Realty Partners | $166,000 | |
| Listed by Ace Realty Partners | |||
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This refreshed 3 bedroom, 2 bathroom home at 1509 Matador is a must-see! You'll love the new paint and flooring, primary bedroom with en-suite bathroom, and the large workshop with electric in the backyard! The deck in the back yard is great for entertaining guest as well! This property is located in a quiet, friendly neighborhood, and features quick access to the Winters Freeway for conveniently getting around town. Being just a few blocks from McMurry University, this could be a great rental property as well! Don't miss out on this opportunity to make this charming home yours! Seller willing to pay concessions and provide home warranty with a strong offer!
Owner is a licensed real estate agent. Buyer and agent to do their own due diligence and verify taxes, schools, square footage, etc. Info deemed reliable but not guaranteed.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017