2600 IVANHOE LANE, ABILENE, TX 79605

Homes for sale in Abilene.

Homes for sale in 79605.


2600 Ivanhoe Lane

Abilene, TX 79605

Status of the property has changed, please contact for details

List Price$4,100,000

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

Listing #20835911

66,718

Square Feet

44

Number of Units

Multi-Unit Residential

Type

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

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