1901 Cedarcrest Drive, Abilene, TX 79601
Local realty services provided by:Better Homes and Gardens Real Estate Rhodes Realty
Listed by: robbie johnson
Office: epique realty llc.
MLS#:21168781
Source:GDAR
Price summary
- Price:$374,900
- Price per sq. ft.:$126.06
About this home
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.
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Home facts
- Year built:1956
- Listing ID #:21168781
- Added:9 day(s) ago
- Updated:February 11, 2026 at 12:53 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:4
- Full bathrooms:4
- Living area:2,974 sq. ft.
Heating and cooling
- Cooling:Ceiling Fans
- Heating:Natural Gas
Structure and exterior
- Roof:Composition
- Year built:1956
- Building area:2,974 sq. ft.
- Lot area:0.25 Acres
Schools
- High school:Abilene
- Middle school:Craig
- Elementary school:Taylor
Finances and disclosures
- Price:$374,900
- Price per sq. ft.:$126.06
- Tax amount:$3,974
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