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Listed price in listed location currency (USD).
$374,900

640

MLS® 21168781

  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 2974 sqft
Garage No
Taxes $3,974
Days Active 0
Lot Size 0.253 acres
Approx. Age 1956
Avg. Price Per Sqft $126
MLS® Number 21168781

Property Address: 1901 Cedar Crest Dr, Abilene, TX, 79601-3231

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number21168781
Laundry Level
Central VacNo
FireplaceNo
Acreage0.253
Exterior
GarageNo
Approx. Age1956
Basement
DrivewayCarport, On Street
Garage Spaces0
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 3, 2026List Date
$374,900List Price
  • Commute

Commute

Starting Address
Destination Address
1901 Cedar Crest Dr, Abilene, TX

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