Abilene, TX 79601 517 Apache Lane

$300,000

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  • North Texas Real Estate Info Systems (NTREIS) - 37 - TX
  • MLS# 21070199
  • 09/26/2025
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Presented By: David Tamez with White Buffalo Property sol LLC; 325-829-1412
Disclaimer: The information contained in this listing has not been verified by Bold Real Estate and should be verified by the buyer.
  • Beds • 6
  • Baths • 4
  • Year Built • 1939

Home Details

Seller offering a package of 4 units on Lake Fort Phantom situated on one large lot measuring over 1.5 acre and located on hard corner of Westlake Rd. and FM 1082. These houses are fully occupied and offer the new owner turn key revenue stream. 2 - 2 Bedroom houses, 1 - 1 Bedroom house, and 1 - Efficacy home. All units have new roofs and other miscellaneous repairs in individual units include new flooring, new toilets, new water heater, and new washer - dryer connections. Alternatively houses could be removed and used as commercial property which is in a fantastic location on 2 high traffic roadways.
Presented By: David Tamez with White Buffalo Property sol LLC; 325-829-1412

Interior Features for 517 Apache Lane

Bedrooms

Total Bedrooms6

Bathrooms

Half Baths0
Total Baths4

Other Interior Features

FlooringLaminate, Other
Interior FeaturesCable TV Available, High Speed Internet Available
Lock Box TypeBlue iBox
Occupancy Rate100
Total Units4
Unit Count4

General for 517 Apache Lane

# of Buildings4
AppliancesElectric Range
Capitalization Rate10.20
CityAbilene
Complex NameNONE
Construction MaterialsWood
CoolingElectric
CountyJones
DirectionsHARD CORNER OF WESTLAKE RD. AND FM 1082
Elementary SchoolLee
Elementary School NameLee
Full Baths4
Gross Annual Expenses9000.00
HOA TypeNone
HeatingElectric
High SchoolAbilene
Insurance Expense4800
LevelsOne
Occupant TypeTenant
Pool Y/NNo
PossessionClosing/Funding
Property SubtypeMultiple Single Units
Property TypeResidential Income
RoofComposition
School DistrictAbilene ISD
Standard StatusActive
StatusActive
Subdivision NameFT PHANTOM HILL SECT. 2
Unexempt Taxes9187
UtilitiesCable Available, Septic
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Year Built1939
Year Built DetailsPreowned

Exterior for 517 Apache Lane

Building Area Total2389.00
Foundation Pillar/Post/Pier
Lot Size Acres1.8140
Lot Size Area1.8140
Lot Size Square Feet79017.8400
Lot Size UnitsAcres
Number Of Parking Spaces4
Parking FeaturesOpen
WaterFront FeaturesLake Front - Common Area
WaterfrontYes

Additional Details

Price History

Schools

Elementary School Lee Elementary School
Middle School N/A

Suzanne Smith

Broker/Owner
Price $300,000
MLS#21070199
List Date 09/26/2025
Property Type Multi-Family
Phone 903.235.4216
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