$185,000
$30K PRICE DROP

Estimated payment $1,364/month

Total Views 11,400
-- Bed
-- Bath
1,296 Sq Ft
$143 Price per Sq Ft

Highlights

  • Cooling Available
  • Luxury Vinyl Plank Tile Flooring
  • Heating Available
  • 1-Story Property

About This Home

Agent Owner. Great investment opportunity in the heart of Abilene! This well-maintained duplex at 1209 Chestnut St offers immediate cash flow with both units currently leased. Both sides are rented for 1200 per month, providing strong and stable income from day one. Each unit features its own private entrance and functional layout, making it attractive to long-term tenants. Conveniently located near downtown, shopping, dining, and major employers, this property is ideal for investors looking to expand their portfolio or owner-occupants wanting to offset their mortgage. Don’t miss this turnkey duplex with solid rental history in a growing market.

Listing Agent

Robert Johnson

Barnett & Hill Brokerage Phone: 325-677-3500 License #0766120 Listed on: 01/13/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1935

Lot Details

  • 6,970 Sq Ft Lot

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Luxury Vinyl Plank Tile Flooring
  • Electric Range

Laundry

  • Dryer
  • Washer

Schools

  • Bowie Elementary School
  • Madison Middle School
  • Cooper High School

Utilities

  • Cooling Available
  • Heating Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number N17B

Community Details

Overview

  • 2 Units
  • 1,296 Sq Ft Building
  • Northington Subdivision

Building Details

  • Gross Income $29,100
  • Net Operating Income $27,100

Property Details

Home Type

Multi-Family

Year Built

Built in 1935

Lot Details

6,970 Sq Ft Lot

Listing Details

  • OWNERNAME: Robert Johnson
  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Unit Levels: One
  • Year Built Details: Preowned
  • Attribution Contact: 325-677-3500
  • CapRate: 14.65
  • Co List Office Mls Id: BHAB
  • HumanModifiedYN: Yes
  • UniversalParcelId: urn:reso:upi:2.0:US:48441:N17B
  • Special Features: VirtualTour
  • Year Built: 1935

Interior Features

  • Interior Amenities: Cable TV
  • Flooring: Luxury Vinyl Plank
  • Appliances: Dryer, Electric Range, Washer

Exterior Features

  • Foundation: Pillar/Post/Pier
  • Roof: Composition
  • Construction Materials: Vinyl Siding
  • Pool Features: None
  • Waterfront: No

Garage/Parking

  • Cooling System: Electric
  • Parking Features: Off Street

Utilities

  • Sewer: Public Sewer
  • Heating: Electric
  • Utilities: Sewer Available, Water Available, Cable Available
  • Heating Yn: Yes

Schools

  • Elementary School: Bowie
  • High School: Cooper
  • Junior High Dist: Abilene ISD

Lot Info

  • Lot Size Units: Acres
  • Lot Size Area: 0.16
  • Parcel Number: N17B
  • Lot Size Acres: 0.16
  • Lot Size Sq Ft: 6969.6

Building Info

  • Year Built: 1935
  • Units Total: 2

Multi Family

  • Insurance Expense: 2000.0
  • Annual Gross Income: 29100.0
  • Property Net Operating Income: 27100.0

MLS Schools

  • MiddleOrJuniorSchool: Madison

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,267 $188,262 $4,200 $184,062
2023 $3,844 $161,165 $4,200 $156,965
2022 $587 $23,120 $4,200 $18,920
2021 $589 $21,854 $1,890 $19,964
2020 $523 $19,060 $1,890 $17,170
2019 $490 $18,269 $1,890 $16,379
2018 $494 $19,162 $1,890 $17,272
2017 $481 $19,361 $1,890 $17,471
2016 $453 $18,231 $1,890 $16,341
2015 $459 $18,339 $1,400 $16,939
2014 $459 $18,945 $0 $0
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/01/2026 07/01/26 Price Changed $185,000 -2.6% $143 / Sq Ft
04/28/2026 04/28/26 Price Changed $189,900 -4.8% $147 / Sq Ft
04/07/2026 04/07/26 Price Changed $199,500 -7.2% $154 / Sq Ft
01/13/2026 01/13/26 For Sale $215,000 +19.5% $166 / Sq Ft
05/01/2023 05/01/23 Sold -- -- -- View Prior Sale
03/22/2023 03/22/23 Pending -- -- --
02/09/2023 02/09/23 For Sale $179,900 +16.1% $139 / Sq Ft
06/24/2022 06/24/22 Sold -- -- -- View Prior Sale
05/02/2022 05/02/22 Pending -- -- --
04/25/2022 04/25/22 For Sale $155,000 0.0% $120 / Sq Ft
04/25/2022 04/25/22 Pending -- -- --
04/18/2022 04/18/22 Price Changed $155,000 +6.9% $120 / Sq Ft
04/18/2022 04/18/22 For Sale $145,000 -- $112 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Deed -- Big Country Title
Deed -- None Listed On Document
Vendors Lien -- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $144,500 New Conventional
Previous Owner $137,700 New Conventional
Previous Owner $14,800 Seller Take Back
Source: Public Records

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 21152754

North Texas Real Estate Information Systems (NTREIS)

APN: 48100010900

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