1901 CEDARCREST DRIVE, ABILENE, TX 79601
Homes for sale in Abilene.
Homes for sale in 79601.
List Price$297,000
1901 CedarCrest Drive
Abilene, TX 79601
Listing #21168781
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. 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.
Property Features
Location Information
County
Taylor
Subdivision
Abilene Heights
Interior Features
Rooms
First Floor Living Room, First Floor Primary Bedroom
Number of Fireplaces
0
Interior
Other
Heating
Natural Gas
Master Bedroom Description
0 x 0
Cooling
Ceiling Fan(s)
Full Baths
4
Floors
Vinyl
Living Room Description
0 x 0
Appliances
Gas Water Heater
Has Fireplace
No
Exterior Features
Style
Detached
Garage Spaces
0
Stories
1
Pool Description
None
Construction
Wood Siding
Lot Description
Corner Lot
Foundation
Pillar/Post/Pier
Lot Size in Acres
0.253
Roof
Composition
Lot Size in Sq. Ft.
11,020
Utilities
Sewer Available, Water Available
Is One Story
Yes
Parking Description
Carport, On Street
Lot Description
Corner Lot
School
Elementary School District
Abilene ISD
Jr. High School
Craig
Elementary School
Taylor
High School
Abilene
Additional Information
Year Built Details
Preowned
Year Built
1956
Property Type
SFR
Status
Active
Property SubType 2
House
Has a Home Owners Association
No
Property SubType
Single Family Residence
Tax Annual Amount
3974.0
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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