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$525,000 Just Listed
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Property Description
Tucked away on over 6 acres in the highly desirable Abbott ISD, this one-of-a-kind property offers the perfect blend of privacy, functionality, & flexibility. A long driveway leads to a custom home featuring 4 bedrooms, 3.5 bathrooms, & an attached shop-garage, all surrounded by mature trees on the back and one on side with a seasonal creek. Inside, you'll find soaring ceilings, a floor-to-ceiling stone fireplace, & an open-concept living, dining, & kitchen area designed for everyday living & entertaining. The kitchen offers extensive custom cabinetry, granite countertops, & ample workspace. The spacious primary suite is located on the main level & includes a beautiful bathroom with dual vanities, a large walk-in shower, & generous closet space. Additional bedrooms, bathrooms, & flex areas provide room for family, guests, hobbies, or a home office. One of the standout features is the massive attached shop with oversized doors, concrete floors, room for your RV, & exceptional storage space. Within the shop is a separate living area that can be finished out complete with a kitchenette, bathroom, sleeping quarters, & multiple flex spaces. Whether you're looking for guest accommodations, multigenerational living, a home-based business setup, hobby space, or future expansion potential, the possibilities are endless. Outside, the acreage is equally impressive. A mix of open lawn, scattered trees, & heavily wooded areas create a private setting rarely found this close to town. The provides ample space for animals, equipment, gardening, or simply enjoying country living. Located convenient to Waco & Hillsboro, this property offers the space & freedom of country living without sacrificing accessibility.
Full Property Details
Full Property Details for 586 Fm 1242
General
- Price: $525,000
- Taxes: $6,022
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 21311701
- Updated: 6/26/2026
- Added to Site: 2 day(s) ago
Interior
- Interior Features: Double Vanity, Eat-in Kitchen, Granite Counters, Kitchen Island, Open Floorplan, Walk-In Closet(s)
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Living Room, Wood Burning
- Appliances: Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave
- Flooring: Carpet, Concrete, Laminate, Tile
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 3
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 4
Exterior
- Exterior Features: Storage
- Porch/Patio/Deck: Covered
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 3
- Covered Spaces: 3
- Parking Features: Additional Parking, Garage, Garage Door Opener, Gated, RV Garage, Garage Faces Side, Boat, RV Access/Parking
Location
- County: Hill
- Subdivision: Brookeen Creek Estates
- Driving Directions: From downtown Abbott, head east on FM 1242. Property on your right. SOP
School Information
- Elem School District: Abbott ISD
- Midd School District: Abbott ISD
- High School District: Abbott ISD
- Elementary School: Abbott
- Middle School: Abbott
- High School: Abbott
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Septic Tank
- Water: Community/Coop
- Utility Description: Electricity Connected, Septic Available, Separate Meters, Water Available
Structural Information
- Property Detached: Yes
- Architectural Style: Detached
- Structure Type: House
- Detached/Attached: Detached
- Construction: Stone Veneer
- Roof: Composition
- Windows: Shutters, Window Coverings
- Stories/Levels: 2
- Living Area: 2,100 Sq. Ft.
- Year Built: 2015
Additional Structures
- Other Structures: Garage(s), RV/Boat Storage, Storage, Workshop
Lot Features
- Lot Size (Acres): 6.23
- Lot Size (Sq. Ft.): 271,378.8
- Lot Size Source: Assessor
- Lot Features: Acreage, Back Yard, Lawn, Many Trees
- Trees/Vegetation: Partially Wooded
- Fencing (Description): Fenced, Gate, Perimeter
Water Features
- Water Front Desc.: Creek
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Tax Amount: $6,022
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Legal Description: BROOKEEN CREEK ESTATES LT 2 6.23 AC
- Property ID: 352925
- Lot Number: 2
Listed by Real Broker, LLC, Katie Miller
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Price & Sales History for 586 Fm 1242
Date
Details
Price
Change
Source
6/24/2026
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 586 Fm 1242
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,145
31%
$462,438
55%
2022
$1,638
—
$297,570
10%
2022
$1,638
2%
$271,320
100%
2021
$1,613
—
—
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 586 Fm 1242
586 Fm 1242, Abbott, TX 76621 (MLS# 21311701) is a Single Family property with 4 bedrooms, 3 full bathrooms and 1 partial bathroom. 586 Fm 1242 is currently listed for $525,000 and was received on June 24, 2026. Want to learn more about 586 Fm 1242? Do you have questions about finding other Single Family real estate for sale in Abbott? You can browse all Abbott real estate or contact a Coldwell Banker agent to request more information.

