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762 Scott St, Tye, TX, 79563

2beds
1baths
1,212sqft
$125,000
$103price/sqft
$1,196/moest. monthly cost
$47,840/yrincome needed

About This Home

Bring your vision and creativity to this rare opportunity. This property is ready for a complete transformation and is ideal for experienced investors, contractors or buyers looking to create a custom home from the ground up. The home needs some renovations, and is blank canvas on over 0.7 acre lot in Tye just west of Abilene. Situated on a desirable lot with tremendous potential, this property provides teh chance to build significant value through renovation or redevelopment (subject to local zoning and regulations). Whether you are planning a flip, rental investment or forever home, the possibilities are endless. Property being sold AS IS. Cash only. Buyer to verify all measurements, zoning and intended use.

Getting Around

6
WalkingCar-Dependent
0
TransitVery Limited Transit
26
BikeSomewhat Bikeable

Schools

6/10
Merkel Elementary SchoolGrades PK-58.9 mi
6/10
Merkel MiddleGrades 6-88.7 mi
5/10
Merkel High SchoolGrades 9-129.1 mi

Construction

Condition

  • Year built: 1950

Materials

  • Foundation: Pillar/Post/Pier
  • Roof: Composition
  • Construction materials: Fiber Cement

Type & Style

  • Home type: SingleFamily
  • Architectural style: Detached
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Gas Range
  • Laundry features: Laundry in Utility Room

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • High Speed Internet

Heating & Cooling

  • Heating features: Space Heater,Wall Furnace
  • Cooling features: Multi Units,Wall Unit(s)

Interior Area

  • Total interior livable area: 1,212 sqft

Living Room

  • Level: First
  • Dimensions: 0 x 0

Master Bedroom

  • Level: First
  • Dimensions: 0 x 0

Property

Details

  • Parcel number: 1005295
  • Attached to another structure: Yes
  • Exclusions: Personal items

Features

  • Levels: One
  • Stories: 1
  • Pool features: None

Lot

  • Lot size: 0.71 Acres

Parking

  • Total spaces: 2
  • Parking features: Driveway,Gravel
  • Covered spaces: 2
  • Carport: Yes
  • Carport spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hail
    HailVery High
  • Lightning
    LightningModerate
  • Wildfire
    WildfireModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Hail
Lightning
Wildfire
Winter Weather

FEMA Declared Disasters Across Texas Counties

Fire
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $632$7,584
Home Insurance *$137$1,644
Property Taxes $189$2,268
Electricity $238$2,859
Total$1,196$14,352
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$41,005/yr
40% on housing$35,880/yr
45% on housing$31,893/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.8%
6.8%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: -0.9%
-0.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$103This listing

vs Other Active Listings

Avg $/sqft

ZIP 79563$86
Taylor County$174

vs Homes Sold Last Month

Median $/sqft

ZIP 79563$136
Taylor County$164

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-07-02Listed for sale$125,000

For Sale by Agent

AgentRoberta Borlovan
BrokerageColdwell Banker Apex, REALTORS

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