Condo $ 559,000

5919 BuffaloGap Road

Abilene, TX 79606

  • 3 Beds
  • 2 Baths
    Full Baths: 2
  • 0.56 Lot Size
  • 1966 Year Built
Rare income-producing investment opportunity in one of Abilene's high-visibility Buffalo Gap Road locations. Recent appraisal reflected comparable sold properties supporting a value of more than $600,000, making this an exceptional opportunity to acquire a renovated, versatile property at its current price. Just confirmed through the City and waiting for it in writing that this property is located within a Planned Development District, creating a unique opportunity for an investor seeking a residential-style income property, medical or other office, retail location, or other approved use. With its home-like layout and functionality, the property offers projected potential residential rental income of $5,000+ per month to capitalize on Abilene's growing residential demand. Situated near Wylie High School and Fairway Oaks Country Club, this property provides exposure and outstanding long-term potential. Previously used as a home, doctor's office, clothing store and real estate office, the building has been updated and ready for all of these mentioned. The versatile interior offers an enclosed 2 car garage, 3 private rooms or bedrooms, 2 bathrooms, kitchen, living-style area with fireplace and built-in desk. Updates include interior and exterior paint, new flooring in multiple areas, added can lighting, front exterior lighting, foundation work by Big Country Foundation, roof inspection with minor shingle repairs July 2024, and sprinkler-system repairs. A standout feature is the oversized backyard, offering possible future expansion, additional office space, income-producing units, or potential residential-style development similar to nearby properties, all subject to City approval, zoning, utilities, site plan, permitting, and buyer due diligence. A Jacob Martin site plan of the current property is available for review. Turnkey opportunities with this level of flexibility, visibility, parking, updated condition, and future potential are rare. Agent related to owner.
Listed by Robbie Johnson of Epique Realty LLC

VIRTUAL TOUR

PROPERTY DETAIL

  • Key Details

    Property Type Condo

    Sub Type Apartment

    Listing Status Active

    Purchase Type For Sale

    Subdivision Commercial Property On Buffalo Gap

    MLS Listing ID 21314780

    Bedrooms 3

    Full Baths 2

    HOA Y/N None

    Total Fin. Sqft 2430

    Year Built 1966

    Annual Tax Amount $10,634

    Lot Size 0.558 Acres

    Acres 0.558

    Property Sub-Type Apartment

  • Location

    State TX

    County Taylor

    Direction Buffalo Gap just north of Antilley.

  • Building

    Lot Description Few Trees, Interior Lot, Lrg. Backyard Grass, Sprinkler System

    Story One

    Foundation Slab

    Level or Stories One

    Structure Type Brick

  • Interior

    Interior Features Granite Counters, Pantry

    Heating Central

    Cooling Central Air

    Flooring Ceramic Tile, Vinyl

    Fireplaces Number 1

    Fireplaces Type Electric

    Appliance Dishwasher, Microwave

    Heat Source Central

  • Exterior

    Fence Wood

    Utilities Available City Sewer, City Water

    Roof Type Composition

    Accessibility Accessible Bath - Half+Hall

    Garage No

  • Schools

    Elementary Schools Wylie West

    High Schools Wylie

    School District Wylie Isd, Taylor Co.

  • Others

    Acceptable Financing Cash, Conventional

    Listing Terms Cash, Conventional

    Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21314780

CONTACT

Ryker Adkisson
Ryker Adkisson

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