1901 Cedar Crest Dr

Abilene, TX 79601
  • $374,900

    Price
  • 6

    Bed
  • 4

    Bath
  • 2,974

    SqFt

About the Listing EPQAB - 0660906

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.

Listing Highlights

Status Active
Days on Site 58
Property Type Multi-Family
MLS ® 21166995
Year Built 1956
Total Square Footage 2,974
Lot/Acreage 0.25
County Taylor
Neighborhood Abilene Heights
School District Abilene ISD
Elementary School Taylor
Middle School Craig
High School Abilene

Interior Details

  • Bedrooms: 6
  • Bathrooms: 4 Full
  • Appliances: Gas Water Heater
  • Air Cond: Ceiling Fan(s)
  • Heating: Natural Gas
  • Fireplaces:
  • Floor: Vinyl
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Lot Description: Corner Lot
  • Garage Capacity: N/A
  • Parking Spaces: 2
  • Roof: Composition
  • Others: Preowned
  • Sewer:
  • Parking Features: On Street

Financial Details

  • Tax Amount: $3,974
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 53633
  • Tax Year: N/A

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1901 Cedar Crest Dr Abilene, TX 79601

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