March 2018 Abilene Rent Report March brought a better pace to leasing of single-family homes in Abilene. March 2018 available inventory leased in roughly 1 month, a 21-day improvement in pace when compared to February 2018. This overview utilizes NTREIS data on leased properties in Abilene, … Continue reading...
The Cash Is Greener On The Other Side Of The Fence
I was visiting with a fellow landlord - let's call him Thurston H. - who offered this lament: "I sold out in Dallas, lured by the cash flow return that Abilene had to offer. Now, when I look at the value of the properties I've sold, I'm kicking myself because gave up the appreciation that comes … Continue reading...
February 2018 Rental Report
February 2018 rental performance repeated the prior month with a flat rent per sqft of 76¢. This is a penny under the 12-month average rent per sqft and, with the exception of December 2017, makes for a 5-month trend of flat, 76¢-per-square-foot rents as we compare the last quarter of 2017 and to … Continue reading...
Top Commercial Abilene Landlords
Our report on top residential landlords in Abilene provided information on 6,811 Abilene residential rentals held by 1,432 investors. These portfolios of 2 or more rent houses had a 2017 assessed value of $309,167,579. While nothing to dismiss, these single-family residential investments only … Continue reading...
Top Residential Abilene Landlords
So you have aspirations of being the kingpin among Abilene landlords? We’ve compiled a list of Abilene’s biggest landlords ranked by unit count, total square footage under management, and appraised value to give that ambition context. To make this list, we had a few qualifications. We started … Continue reading...
January 2018 Rental Report
January 2018 rent per square foot maintains the flat trend in rent seen in the last quarter of 2017. While December 2017 square foot rents registered 78¢, January 2017 returned to the 76¢ per square foot realized in November and October of 2017. This overview utilizes NTREIS data on leased … Continue reading...
December 2017 Rental Report
Rent per square foot finished at 78₵ per square foot for December 2017. This is a penny ahead of the average for 2017 and 2₵ ahead of the last two months that saw rent per square foot steady at 76₵ per square foot. This overview utilizes NTREIS data on leased properties in Abilene, Texas. This … Continue reading...
Million Dollar Baby
Of the 1,844 homes sold in Abilene, only one cleared a million in price, selling for $1,475,000 or $191.26 sf. Here are the most expensive sales listed in NTREIS's multiple listing service that sold in the Abilene area during 2017, sorted by ZIP code and school district. 7302 LANTANA $1,475,000, … Continue reading...
Annual Real Estate Data 2006-2017
Barnett & Hill brings you 12 years of real estate data on single-family homes sold in the Abilene market. A few highlights from 2017: 1,844 homes were sold in Abilene proper (+73 from 2016, 4.0% gain) . Not necessarily matching Abilene's boundaries were sales by school district. 1,137 … Continue reading...
November 2017 Rental Report
Over the last two months, Abilene rent per square foot traveled a penny below the 12-month average rent. With the average home sized at 1,401 sqft, this translates to a $168 annual loss relative to past rental performance. This overview utilizes NTREIS data on leased properties in Abilene, … Continue reading...