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Mandy Petersen
REALTOR®
(254) 644-8648
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1901 Cedar Crest Drive , Abilene, TX 79601

call for price
  • 1901 Cedar Crest Drive , Abilene, TX 79601 Main Photo

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Active
BEDS6 BATHS4 full MLS#21166995
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONAbilene Heights SCHOOLAbilene ISD

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.

1901 Cedar Crest Drive | MLS# 21166995

This multi-family property located at 1901 Cedar Crest Drive , Abilene, TX 79601 is currently listed for sale with an asking price of call for price. Cedar Crest Drive is located within the Abilene ISD school district. Search Abilene real estate on mandypetersen.kellyrealtors.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Ceiling Fan(s)
Heating: Natural Gas
Lot Size: 0.25 Acres
Roof Type: Composition
Year Built: 1956

Amenities

Other

Feature Descriptions

Appliances: Gas Water Heater
Days on Site: 36
Exterior: Wood
Flooring: Vinyl
Lot: Corner Lot
Parcel#: 53633
Parking: On Street
Parking Notes: On Street
Units: 2
Utilities: City Sewer, City Water

Local Schools

Elementary School: Taylor
School District: Abilene ISD

Listed By / Shown By

Listed By

Agency Name: Epique Realty LLC
Agent Name: Robbie Johnson

agent picture

Shown By

Agent Name: Mandy Petersen
Agent Phone: (254) 644-8648
Agency Title: Kelly, Realtors

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Estimated Payment

$ 0.00 per month $0.00 Principal & Interest $0.00 Property Tax (data not provided by mls) $0.00 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 03/11/2026. The listing information on this page last changed on 03/11/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 03/11/2026 12:04:37 AM EST) or NTREIS (last updated Tue 03/10/2026 11:48:44 PM EST) or SABOR MLS (last updated Tue 03/10/2026 11:52:10 PM EST) or CTXMLS (last updated Tue 03/10/2026 11:34:31 PM EST). Real estate listings held by brokerage firms other than Kelly, Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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