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Bobbie Schwartz-Moody

bobbie@domiciledfw.com +1(480) 277-6231

$ 374,900

Est. payment -/mo

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Active

1901 Cedar Crest Drive Abilene, TX 79601

6 Beds

4 Baths

0.25 Acres Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision Abilene Heights

MLS Listing ID 21166995

Bedrooms 6

Full Baths 4

HOA Y/N None

Total Fin. Sqft 2974

Year Built 1956

Annual Tax Amount $3,974

Lot Size 0.253 Acres

Acres 0.253

Property Sub-Type Duplex

Property Description

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.

Location

State TX

County Taylor

Direction E Hwy 80 to Right on Treadaway, right on N 13th, Left on Cedar Crest, Home is on the right

Interior

Interior Features Other

Heating Natural Gas

Cooling Ceiling Fan(s)

Flooring Vinyl

Appliance Gas Water Heater

Heat Source Natural Gas

Exterior

Carport Spaces 2

Utilities Available City Sewer, City Water

Roof Type Composition

Total Parking Spaces 2

Garage No

Building

Lot Description Corner Lot

Story One

Foundation Pillar/Post/Pier

Level or Stories One

Structure Type Wood

Schools

Elementary Schools Taylor

Middle Schools Craig

High Schools Abilene

School District Abilene Isd

Others

Acceptable Financing Cash, Conventional, Owner Will Carry

Listing Terms Cash, Conventional, Owner Will Carry

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21166995

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Robbie Johnson • Epique Realty LLC

Bobbie Schwartz-Moody

Broker | License ID: 695957

+1(480) 277-6231

Bobbie Schwartz-Moody

1901 Cedar Crest Drive Abilene, TX 79601

Key Details

Location

Interior

Exterior

Building

Schools

Others

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1901 Cedar Crest Drive