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$297,000
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Property Description
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.
Full Property Details
Full Property Details for 1901 Cedar Crest Dr
General
- Price: $297,000
- Taxes: $3,974
- Status: Active
- Type: Duplex
- Source: NTREIS
- MLS ID: 21166995
- Updated: 5/13/2026
- Added to Site: 172 day(s) ago
Interior
- Interior Features: Other
- Appliances: Gas Water Heater
- Flooring: Vinyl
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 6
Parking
- Carports: Yes
- Carport Spaces: 2
- Covered Spaces: 2
- Total Spaces: 2
- Parking Features: On Street
Location
- County: Taylor
- Subdivision: Abilene Heights
- Driving Directions: E Hwy 80 to Right on Treadaway, right on N 13th, Left on Cedar Crest, Home is on the right
School Information
- Elem School District: Abilene ISD
- Midd School District: Abilene ISD
- High School District: Abilene ISD
- Elementary School: Taylor
- Middle School: Craig
- High School: Abilene
Heating & Cooling
- Cooling Type: Ceiling Fan(s)
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Sewer Available, Water Available
Structural Information
- # Buildings: 2
- Detached/Attached: Detached
- Construction: Wood Siding
- Roof: Composition
- Stories/Levels: 1
- Square Feet: 2,974
- Sq. Ft. Source: Public Records
- Year Built: 1956
Lot Features
- Lot Size (Acres): 0.253
- Lot Size (Sq. Ft.): 11,020.68
- Lot Features: Corner Lot
Financial Considerations
- Tax Amount: $3,974
- Terms: Cash, Conventional, Owner Will Carry
Disclosures and Reports
- Legal Description: ABILENE HEIGHTS, BLOCK 59, LOT 1
- Disclosures/Rstr.: Accessory Dwelling Unit
- Property ID: 53633
- Block: 59
- Lot Number: 1
Listed by Epique Realty LLC, Robbie Johnson
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Schools
Schools serving 1901 Cedar Crest Dr
School District:Abilene Independent School District
| Name | Grades | Distance |
|---|---|---|
Taylor Elementary School, Abilene, TX 1719 East North 10th Street, Abilene, TX 79601 | K-5 | 1.5 mi |
Craig Middle School 702 S Judge Ely Blvd, Abilene, TX 79601 | 6-8 | 2 mi |
Abilene High School 2800 North 6th Street, Abilene, TX 79603 | 9-12 | 2.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1901 Cedar Crest Dr
Date
Details
Price
Change
Source
5/04/2026
Price Reduced
$297,000
-20.78%
MLS
2/02/2026
Listed
$374,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1901 Cedar Crest Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,872
1%
$175,358
4%
2023
$3,827
—
$168,210
1%
2023
$3,827
6%
$166,017
16%
2022
$3,619
1%
$142,562
6%
2021
$3,587
13%
$134,315
14%
2020
$3,186
8%
$118,097
3%
2018
$2,949
1%
$114,137
1%
2017
$2,914
10%
$113,113
7%
2016
$2,638
2%
$106,119
1%
2015
$2,584
-18%
$105,388
-9%
2019
$3,161
26%
$115,249
8%
2013
$2,512
—
$106,950
—
2013
$2,512
—
$107,304
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1901 Cedar Crest Dr
1901 Cedar Crest Drive, Abilene, TX 79601 (MLS# 21166995) is a Duplex property with 6 bedrooms and 4 full bathrooms. 1901 Cedar Crest Drive is currently listed for $297,000 and was received on February 02, 2026. Want to learn more about 1901 Cedar Crest Drive? Do you have questions about finding other Duplex real estate for sale in Abilene? You can browse all Abilene real estate or contact a Coldwell Banker agent to request more information.
