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Property Description
Beautiful Lakefront Home on a Deeded Lot - Stunning Views & Exceptional Amenities Wake up every day to peaceful lake views in this charming 3-bedroom, 2-bath home perfectly positioned on a deeded lakefront lot. Offering direct access to the water, this property is ideal for anyone who loves fishing, boating, or simply relaxing by the shoreline. A private boat dock and boathouse and storage building make lake living effortless, while a double detached carport provides plenty of covered parking. The storage building could also very easily be used as a man-cave or she-shed! Located less than 10 minutes from shopping and restaurants, you can have country peace with city convenience! Inside, the home features a spacious open-concept living area with a cozy fireplace and large windows that frame the beautiful water views. The kitchen is designed for both style and function, complete with a kitchen island, double oven, built-in wine fridge, and a large pantry. A dedicated laundry area adds everyday convenience. The primary suite is a true retreat, offering a generous layout with a garden tub, linen closet, and plenty of natural light. Two additional bedrooms and a second full bath provide comfortable accommodations for family or guests. Enjoy outdoor living year-round on the covered patio and porch, perfect for morning coffee, evening sunsets, or weekend gatherings. This lakefront gem blends comfort, functionality, and unbeatable views-an ideal getaway or full-time residence for anyone seeking the best of lakeside living.
Full Property Details
Full Property Details for 40 Poverty Point
General
- Price: $525,000
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 21153679
- Updated: 1/14/2026
- Added to Site: 3 day(s) ago
Interior
- Interior Features: Kitchen Island, Open Floorplan, Pantry
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Blower Fan, Masonry
- Appliances: Double Oven, Dishwasher, Electric Cooktop, Electric Oven, Disposal, Microwave, Vented Exhaust Fan
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Parking
- Carports: Yes
- Carport Spaces: 2
- Covered Spaces: 2
- Parking Features: Aggregate, Detached Carport
Location
- County: Taylor
- Subdivision: Ft Phantom Hill
- Driving Directions: South on East Lake Rd to Poverty Point
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
Utilities
- Sewer: Septic Tank
- Water: Public
- Utility Description: Septic Available, Water Available
Structural Information
- Structure Type: House
- Detached/Attached: Attached
- Stories/Levels: 1
- Living Area: 1,520 Sq. Ft.
- Year Built: 2000
Lot Features
- Lot Size (Acres): 1.18
- Lot Size (Sq. Ft.): 51,400.8
Water Features
- Water Front: Yes
- Water Front Name: Fort Phantom Hill
- Water Front Desc.: Boat Dock/Slip, Lake Front
- Lake Front: Yes
Financial Considerations
- For Sale/Rent/Lease: For Sale
Disclosures and Reports
- Property ID: 45708
Listed by Tommy Simons (office), Tommy Simons
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Schools
Schools serving 40 Poverty Point
School District:Abilene Independent School District
| Name | Grades | Distance |
|---|---|---|
Taylor Elementary School, Abilene, TX 1719 East North 10th Street, Abilene, TX 79601 | K-5 | 10.3 mi |
Craig Middle School 702 S Judge Ely Blvd, Abilene, TX 79601 | 6-8 | 11.7 mi |
Abilene High School 2800 North 6th Street, Abilene, TX 79603 | 9-12 | 11.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 40 Poverty Point
Date
Details
Price
Change
Source
1/14/2026
Listed
$525,000
—
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 40 Poverty Point
Year
Property Taxes
Change
Tax Assessment
Change
2022
$1,201
—
$213,910
62%
2022
$1,201
-13%
$132,100
-7%
2021
$1,379
-69%
$142,260
1%
2019
$4,486
38%
$140,600
34%
2018
$3,247
—
$104,680
—
2017
$3,254
1%
$104,680
—
2016
$3,209
1%
$104,680
—
2015
$3,171
27%
$104,970
15%
2013
$2,489
294%
$91,630
—
2012
$631
—
$91,960
—
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 40 Poverty Point
40 Poverty Point, Abilene, TX 79601 (MLS# 21153679) is a Single Family property with 3 bedrooms and 2 full bathrooms. 40 Poverty Point is currently listed for $525,000 and was received on January 14, 2026. Want to learn more about 40 Poverty Point? Do you have questions about finding other Single Family real estate for sale in Abilene? You can browse all Abilene real estate or contact a Coldwell Banker agent to request more information.
