Active
4 units1,492 sqft
Cost to live here
$1,009/mo
Income to qualify: about $28,000 a year
At 20% down, 30-year fixed. From 5% down.
$120,000•Quadplex
1109 S 14th Street, Abilene, TX 79602
1118 N 11th Street, Abilene, TX 79601
Active
Listed 15 days agoOwner-Occupant Eligible
About $112 a month to live here, after the rent from the other homes.
Triplex1,982 sqft3 beds3 bathsListed Oct 28, 2026
A triplex. Live in one home and rent out the other two. How it works
Live here for about
$112a month
The other homes rent for $1,900. We hold back $371 of that for repairs and an empty month, and the rest goes toward a $1,641 monthly payment.
Income to qualify: about $29,000 a year
With how much down?
At 20% down ($42,000) and 6.0%, 30-year fixed. Your rate and down payment change this.
Get rich slow: keep this loan ten years and the payments pay off about $27,000 of it. See the ten-year math
How we work this out
The cost to live here is the loan payment, taxes, insurance and any dues, less the rent, with a little held back for repairs and an empty month. Income to qualify uses a 43% debt-to-income limit, counts 75% of the rent, and none of your other debts.
$10,500 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own
ABOUT THIS HOME
Affordable Investment Triplex with Established Rental Income. This triplex offers THREE ONE-BEDROOM units and a strong rental and cash-flow history. The units at 1102 Cypress, 1118 N 11th, and 1126 N 11th each rent for $950 per month, generating total monthly rental income of $2,850. Leases expire in July and September 2027. 1102 Cypress & 1118 N 11th are under one roof. 1126 is a stand alone unit. The owner pays water and gas expenses for the duplex units. With its proven rental history, this property offers an opportunity for investors seeking steady rental income. Professionally managed by Absolute Real Estate Management for several years. Historical data available upon request. Buyers, and buyer’s agent, should independently verify all information before purchasing. Information is deemed reliable but is not guaranteed.
Triplex
Property Type
7,013 sqft
Lot Size
1932
Year Built
Listing Date: 10/28/2026
Listed by: Tammy Kister
Listing office: Absolute Real Estate Mgt.
Source: NTREIS #21424839
Series Homes is committed to full compliance with the Fair Housing Act and the Equal Credit Opportunity Act.
CHOOSE YOUR UNIT
Tap the one you would live in. The rest pay rent, and that rent comes off your monthly cost.
If someone lives in the unit you want, or a lease comes with the home, ask how moving in works on this one.
CHECK OUR MATHEvery line of the monthly cost is in here. Change the price or the down payment and watch it move.
OFFER PRICE
Change your offer and watch the monthly cost move.
Purchase Price
-15%
$210,000
+15%List Price
FINANCIALS
How much do you want to put down?
Purchase price$210,000
Your Down Payment$42,000
Financed$168,000
Estimated Monthly Payment$1,641
Before rent: principal and interest at 6.0% on a 30-year fixed loan, taxes, insurance and any HOA dues. Your rate and down payment change this.
MONTHLY BREAKDOWN
Estimate at 20% down ($42,000) and 6.0%, 30-year fixed. Your rate and down payment change this.
Current Rent
Current Rent
Market Rent
Estimated Monthly Payment (Before Rental Income)
$1,641/month
Principal + Interest
$1,007Property Taxes
$270Home Insurance
$364Estimated Monthly Payment (Before Rental Income)
$1,641/month
Principal + Interest
$1,007Property Taxes
$270Home Insurance
$364$1,641/month
$1,007
$270
$364
Rental Income (2 Units)
$1,900/month
From the listing description.
Rental Expenses
-$371Rental Income (2 Units)
$1,900/month
From the listing description.
Rental Expenses
-$371$1,900/month
-$371
Cost to live hereCost to live here, after rent
$112/month
Cost to live hereCost to live here, after rent
$112/month
$112/month
Payment estimates shown by Series are illustrative only. Final loan terms, monthly payments, and eligibility will be determined by your mortgage loan originator.
LOCATION
BEFORE YOU OFFER
Now run it on your paycheck.
This page is priced at one down payment and one rate. Send the address and we run it at yours: what you would pay each month after rent, and which loan works on this home.
Free. No credit pull.
MLS# 21424839 · Listing office: Absolute Real Estate Mgt.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the NTREIS Multiple Listing Service. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.
