2600 IVANHOE LANE, ABILENE, TX 79605
Homes for sale in Abilene.
Homes for sale in 79605.
2600 Ivanhoe Lane
Abilene, TX 79605
List Price$4,100,000
Listing #20835911
About This Property
Brookhollow Garden Apartments is an exceptional investment opportunity in Abilene, TX -- home to President Trump's first, $500-billion Startgate AI data center - a project that is in the first year of a seven-year build that has brought scores of skilled tradesmen to Abilene and putting upward pressure on rental rates across the local market. Shaded by mature live oak trees, this 44-unit complex was built in 1964 and consists of 6 buildings with a distinctive mid-century design and leasable improvements totaling 41,716 SF. All units are oversized and have dedicated covered parking spaces with secure storage. This property offers significant upside potential and could be maintained as a leased multifamily development or converted to condominiums to take advantage of the consistent appeal of the surrounding, stable neighborhood. Abilene's economy is stabilized by its role as a medical hub, status as a regional banking center, and center for higher education with six colleges: Abilene Christian University, Hardin-Simmons University, McMurry University, Texas Tech Health Science Center, Cisco Junior College, & Texas State Technical College Abilene is also home to Dyess AFB and its 3 missions - the B1, the C130 and the soon-to-arrive B21 mission. The varied streams of outside dollars from institutional sources keep Abilene's economy well-ruddered and stable - add the new data center to the mix and you have a robust rental market.
Property Features
Location Information
County
Taylor
Subdivision
Brookhollow
Interior Features
Interior
Other, Pantry
Floors
Carpet, Ceramic Tile, Luxury Vinyl Plank
Has Fireplace
No
Appliances
Dishwasher, Electric Range, Disposal, Gas Water Heater, Refrigerator
Heating
Central, Natural Gas
Total Number of Units
44
Cooling
Central Air, Electric
Exterior Features
Stories
2
Has a Pool
Yes
Construction
Brick
Pool Description
Fenced, In Ground, Outdoor Pool, Pool
Foundation
Slab
Lot Size in Acres
3.76
Roof
Composition
Lot Size in Sq. Ft.
163,785
Water / Sewer
Electricity Connected, Natural Gas Available, Municipal Utilities, Sewer Available, Separate Meters, Water Available
Buildings
7
Utilities
Electricity Connected, Natural Gas Available, Municipal Utilities, Sewer Available, Separate Meters, Water Available
Building Total Area (Sq. Ft.)
66,718
Parking Description
Common, Covered, Parking Lot, Storage
Road Description
Asphalt
Patio / Deck Description
Enclosed
Is One Story
No
School
Elementary School District
Abilene ISD
Jr. High School
Mann
Elementary School
Austin
High School
Abilene
Additional Information
Year Built Details
Preowned
Status
Active
Property Type
RI
Has a Home Owners Association
No
Property SubType
Apartment
Tax Annual Amount
50637.0
Year Built
1964
Similar Listings
Mortgage Calculator
$19,146
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$14,774
Monthly Tax
$3,416
Monthly Insurance
$956
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
Real Estate IDX Powered by iHomefinder
