$374,900

Estimated payment $2,279/month

Total Views 42
6 Beds
4 Baths
2,974 Sq Ft
$126 Price per Sq Ft

Highlights

  • Corner Lot
  • Ceiling Fan
  • Vinyl Flooring
  • 1-Story Property
  • Wood Siding
  • Heating System Uses Natural Gas

About This Home

Attention investors seeking a strong cap rate, this fully occupied, income-producing property delivers from day one. Located in Abilene, TX, this prime investment sits on a large corner lot just minutes from Abilene Christian University, a proven driver of consistent rental demand. The property features two separate, revenue-generating units, making it an ideal addition to any investment portfolio. The main residence offers four bedrooms and two full bathrooms, highlighted by original hardwood floors. The spacious layout supports strong tenant retention, particularly for student or shared housing. The main unit is 4 bedrooms and 2 bathrooms. Connected yet fully independent, the additional home includes its own private entrance, two bedrooms, two full bathrooms, a living area, and a kitchen and functioning as a self-contained unit perfect for long-term rental income. The total square footage reported publicly for both units is 2974, buyer to verify the separate unit totals. The lot adds significant upside potential for future development, expansion, or value-add opportunities (buyer to verify zoning and use). Surrounded by high-demand amenities and within walking distance to ACU, this property combines location, cash flow, and future potential. A rare opportunity for investors focused on yield, stability, and long-term growth in a thriving rental market.

Listing Agent

Robbie Johnson

Epique Realty LLC Listed on: 02/02/2026

Epique Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,974

Year Built

  • Built in 1956

Lot Details

  • 0.25 Acre Lot
  • Corner Lot

Home Design

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

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Vinyl Flooring

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Parking

  • 2 Carport Spaces
  • On-Street Parking

Schools

  • Taylor Elementary School
  • Craig Middle School
  • Abilene High School

Utilities

  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 1 / 59
  • Assessor Parcel Number 53633

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • 2,974 Sq Ft Building
  • Abilene Heights Subdivision

Building Details

  • Gross Income $44,680

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,974

Year Built

Built in 1956

Lot Details

0

Listing Details

  • OWNERNAME: SEWELL FIELD VENTURES LLC
  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Unit Levels: One
  • Year Built Details: Preowned
  • Co List Office Mls Id: EPQAB
  • HumanModifiedYN: No
  • UniversalParcelId: urn:reso:upi:2.0:US:48253:53633
  • Special Features: VirtualTour
  • Year Built: 1956

Interior Features

  • Interior Amenities: Other
  • Flooring: Vinyl
  • Appliances: Gas Water Heater

Beds/Baths

  • Full Bathrooms: 4
  • Total Bedrooms: 6

Exterior Features

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

Garage/Parking

  • Cooling System: Ceiling Fan(s)
  • Carport Spaces: 2.0
  • Total Covered Spaces: 2.0
  • Parking Features: On Street
  • GarageYN: No

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Utilities: Sewer Available, Water Available
  • Heating Yn: Yes

Schools

  • Elementary School: Taylor
  • High School: Abilene
  • Junior High Dist: Abilene ISD

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Units: Acres
  • Lot Size Area: 0.253
  • Parcel Number: 53633
  • Lot Size Acres: 0.253
  • Lot Size Sq Ft: 11020.68

Building Info

  • Year Built: 1956
  • Units Total: 2

Tax Info

  • TaxBlock: 59
  • Tax Lot: 1
  • Tax Annual Amount: 3974.0

Multi Family

  • Annual Gross Income: 44680.0

MLS Schools

  • MiddleOrJuniorSchool: Craig

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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 $3,872 $175,358 $12,668 $162,690
2023 $3,872 $166,017 $9,364 $156,653
2022 $3,620 $142,562 $9,364 $133,198
2021 $3,623 $134,315 $9,364 $124,951
2020 $3,240 $118,097 $8,053 $110,044
2019 $2,978 $113,440 $7,579 $105,861
2018 $2,941 $114,137 $7,579 $106,558
2017 $2,812 $113,113 $7,579 $105,534
2016 $2,638 $106,119 $7,579 $98,540
2015 $2,592 $105,388 $7,579 $97,809
2014 $2,592 $106,950 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/02/2026 02/02/26 For Sale $374,900 +87.5% $126 / Sq Ft
01/09/2025 01/09/25 Sold -- -- -- View Prior Sale
12/16/2024 12/16/24 Pending -- -- --
12/14/2024 12/14/24 For Sale $199,999 -- $67 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 21166995

North Texas Real Estate Information Systems (NTREIS)

APN: 02000056900