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.
Features
6 bedrooms
4 bathrooms
directions_car2 carspaces
directions_car2 carport spaces
2974 sq. ft. floor area
crop_free11020.68 sq. ft. lot size
cottageSingle-Family
Property history for 1901 Cedar Crest Drive
2025
Sold
Undisclosed
09 Jan 2025 by Sheridan Cruz, of Epique Realty LLC
2020
Rented
Undisclosed
16 Mar 2020 by Gerard Real Estate
Happy sellers in Abilene
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Local market activity for 6 bedroom single-family properties in Abilene
Sold
For Sale
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