1901 CEDAR CREST DRIVE, ABILENE, TX 79601

Homes for sale in Abilene.

Homes for sale in 79601.


Active

List Price$297,000

1901 Cedar Crest Drive

Abilene, TX 79601

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #21166995

6

Bedrooms

4 full

Bathrooms

2,974

Square Feet

2

Number of Units

Multi-Unit Residential

Type

About This Property

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.

Property Features

Location Information

County

Taylor

Subdivision

Abilene Heights

Interior Features

Interior

Other

Cooling

Ceiling Fan(s)

Full Baths

4

Floors

Vinyl

Has Fireplace

No

Appliances

Gas Water Heater

Heating

Natural Gas

Total Number of Units

2

Exterior Features

Stories

1

Lot Description

Corner Lot

Construction

Wood Siding

Lot Size in Acres

0.253

Foundation

Pillar/Post/Pier

Lot Size in Sq. Ft.

11,020

Roof

Composition

Buildings

2

Utilities

Sewer Available, Water Available

Building Total Area (Sq. Ft.)

2,974

Parking Description

On Street

Is One Story

Yes

Garage Spaces

0

Lot Description

Corner Lot

Pool Description

None

School

Elementary School District

Abilene ISD

Jr. High School

Craig

Elementary School

Taylor

High School

Abilene

Additional Information

Year Built Details

Preowned

Status

Active

Property Type

RI

Has a Home Owners Association

No

Property SubType

Duplex

Tax Annual Amount

3974.0

Year Built

1956

Similar Listings

Mortgage Calculator

$1,386

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$1,070

Monthly Tax

$247

Monthly Insurance

$69

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Schools

Walk Score

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