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...

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...

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...

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...

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...

Last year, one of the landlords for whom we managed, surveyed our growing vacancy board and proclaimed it "rentpocalypse".   In response, I looked at data from our monthly rental report that is published in the Abilene Reporter-News to make choate his observation.  What we discovered was 2016 … Continue reading...

by John Hill Barnett & Hill brings you 11 years of real estate data on single-family homes sold in the Abilene market.  New to this year's analysis is data for Jim Ned Consolidate ISD (JNCISD).  New bond elections and development in JNCISD will make sales data for this school district … Continue reading...

by John Hill This summer, one of our agents was hired to represent the buyer in a raw land deal.  A contract was struck and a feasibility period began to pin down the development cost the city would require if this property was rezoned for residential use. The contract was extended multiple … Continue reading...

Barnett & Hill economist John Hill used 13 years of Taylor CAD data to identify the drift towards increased rental in the Abilene market due to cheap money and changing opportunity costs of alternate investments.  In his blog post The Landlord's Invisible Hand, the data revealed that the net … Continue reading...