1901 Cedar Crest Drive, Abilene, TX 79601
Local realty services provided by:ERA Newlin & Company
Listed by: robbie johnson
Office: epique realty llc.
MLS#:21166995
Source:GDAR
Price summary
- Price:$297,000
- Price per sq. ft.:$99.87
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....
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Home facts
- Year built:1956
- Listing ID #:21166995
- Added:146 day(s) ago
- Updated:June 29, 2026 at 11:53 AM
Rooms and interior
- Bedrooms:6
- Total bathrooms:4
- Full bathrooms:4
- Flooring:Vinyl
- Living area:2,974 sq. ft.
Heating and cooling
- Cooling:Ceiling Fans
- Heating:Natural Gas
Structure and exterior
- Roof:Composition
- Year built:1956
- Building area:2,974 sq. ft.
- Lot area:0.25 Acres
- Lot Features:Corner Lot
- Construction Materials:Wood Siding
- Foundation Description:Pillar Post Pier
- Levels:1 Story
Schools
- High school:Abilene
- Middle school:Craig
- Elementary school:Taylor
Finances and disclosures
- Price:$297,000
- Price per sq. ft.:$99.87
- Tax amount:$3,974
Features and amenities
- Appliances:Gas Water Heater
Parking
- Total parking spaces:2
- Carport spaces:2
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