Single Family Home $ 297,000

1901 CedarCrest Drive

Abilene, TX 79601

  • 6 Beds
  • 4 Baths
    Full Baths: 4
  • 2,974 SqFt
  • 0.25 Lot Size
  • 1956 Year Built
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. 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. 1901 Cedar Crest is paying $1395 for January and February and in March the rent goes to $2395. 410 EN 19th (back unit) is $1495 per month. Both are rented until Feb 2027.
Listed by Robbie Johnson of Epique Realty LLC

VIRTUAL TOUR

PROPERTY DETAIL

  • Key Details

    Property Type Single Family Home

    Sub Type Single Family Residence

    Listing Status Active

    Purchase Type For Sale

    Square Footage 2, 974 sqft

    Price per Sqft $99

    Subdivision Abilene Heights

    MLS Listing ID 21168781

    Bedrooms 6

    Full Baths 4

    HOA Y/N None

    Year Built 1956

    Annual Tax Amount $3,974

    Lot Size 0.253 Acres

    Acres 0.253

    Property Sub-Type Single Family Residence

  • 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

  • Rooms

    Dining Room 1

  • Building

    Lot Description Corner Lot

    Story One

    Foundation Pillar/Post/Pier

    Level or Stories One

    Structure Type Wood

  • 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

  • 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/21168781

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Ryker Adkisson
Ryker Adkisson

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