1018 MERCHANT STREET, ABILENE, TX 79603
Homes for sale in Abilene.
Homes for sale in 79603.
List Price$250,000
1018 Merchant Street
Abilene, TX 79603
Listing #21286246
7
Bedrooms
3 full
Bathrooms
2,814
Square Feet
3
Number of Units
Multi-Unit Residential
Type
About This Property
TRIPLEX FOR SALE - Unique income-producing property featuring a 3-bedroom, 1-bath single-family home fronting Merchant St and a rear duplex with two 2-bedroom, 1-bath units accessible via the alley. Located in an up-and-coming area experiencing significant revitalization, with numerous neighboring properties undergoing renovation and improvement. This property offers multiple investment strategies, including owner-occupancy in the front home while generating rental income from the duplex, or leasing all three units for maximum cash flow. All units are currently occupied and leased on a month-to-month basis, providing flexibility for future plans. The property includes 1018, 1020, and 1022 Merchant St. Please do not disturb tenants. Showings are available by appointment only.
Property Features
Location Information
County
Taylor
Subdivision
Lakeside Add
Interior Features
Interior
Other, Cable TV
Cooling
Central Air, Electric
Full Baths
3
Floors
Other
Has Fireplace
No
Total Number of Units
3
Heating
Central, Electric
Exterior Features
Stories
1
Lot Description
Interior Lot
Construction
Frame
Lot Size in Acres
0.22
Foundation
Pillar/Post/Pier, Slab
Lot Size in Sq. Ft.
9,583
Roof
Composition
Buildings
2
Utilities
Electricity Connected, Sewer Available, Water Available, Cable Available
Building Total Area (Sq. Ft.)
2,814
Parking Description
Driveway
Is One Story
Yes
Fencing
Wood
Lot Description
Interior Lot
Pool Description
None
School
Elementary School District
Abilene ISD
Jr. High School
Craig
Elementary School
Martinez
High School
Abilene
Additional Information
Year Built Details
Preowned
Status
Pending
Property Type
RI
Has a Home Owners Association
No
Property SubType
Triplex
Tax Annual Amount
3975.0
Year Built
1946
Mortgage Calculator
$1,166
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$900
Monthly Tax
$208
Monthly Insurance
$58
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
Listing courtesy of
Chad Chaney, Coldwell Banker Apex, REALTORS
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NTREIS - North Texas data last updated at September 1, 2026, 9:30 AM CT
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