$257,500
●
House -
Off Market
2502 Ivanhoe Lane
Abilene, TX 79605
3 Beds
0 Bath
1,703 Ft²
$1,713
Est. Monthly
4.91%
Cap Rate
About This Property
Discover this beautifully updated 3-bedroom, 2-bathroom gem
situated in the highly sought-after Austin Elementary area. This
open-concept home features two spacious living rooms, perfect for
entertaining or relaxing by the wood-burning fireplace. Step inside
to find new carpet, luxury plank vinyl flooring, and stylish tile
throughout. The freshly painted interior is complemented by
decorative lighting and ceiling fans, creating an inviting
atmosphere.
The modern kitchen boasts new granite countertops, providing a stunning workspace for culinary enthusiasts. A recently installed electrical panel box ensures peace of mind with updated wiring. Outside, enjoy a covered patio, fenced backyard with landscaping and a few trees.
The property includes a shop with electricity and a carport, along with a separate storage shed for additional convenience. The shop can be accessed from the back. A 2-car garage adds practicality to this charming home. Contact the listing agent today to schedule your private showing and see all this home has to offer.
The modern kitchen boasts new granite countertops, providing a stunning workspace for culinary enthusiasts. A recently installed electrical panel box ensures peace of mind with updated wiring. Outside, enjoy a covered patio, fenced backyard with landscaping and a few trees.
The property includes a shop with electricity and a carport, along with a separate storage shed for additional convenience. The shop can be accessed from the back. A 2-car garage adds practicality to this charming home. Contact the listing agent today to schedule your private showing and see all this home has to offer.
Unit Size
1,703 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$156
Property Type
House
Property Taxes
$411
HOA Dues
-
Year Built
1971
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 years ago (NTREIS #20846983)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 4, 2025 | Sold | ||
| Sold | |||
| Feb 27, 2025 | In contract | - | |
| In contract | |||
| Feb 18, 2025 | Listed by Coldwell Banker Apex, REALTORS | $265,000 | |
| Listed by Coldwell Banker Apex, REALTORS | |||
| Dec 13, 2019 | Sold | ||
| Sold | |||
| Oct 13, 2019 | Listed by RE/MAX OF ABILENE | $157,000 | |
| Listed by RE/MAX OF ABILENE | |||
| | |||
|
Finally! A home with 3 bedrooms, 2 baths, and 2 car garage under $160,000 in Austin school! You will love the open living areas, large windows, and very well thought out storage, especially in the kitchen. The formal living is open to the den with its fireplace and tall ceiling. The master bath was redone this year! The shower was gutted and redone and is almost flat to the ground. The home is immaculate and meticulously maintained. There is an auto sprinkler and a rain gathering system. This home is kind of on a corner, and the shop is accessed from a paved driveway off the side. In fact, you can drive right into the shop! Next to the shop is a she shed and to the right of that, a nice storage shed.
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About River Oaks-Brookhollow
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Listed by: Kristen Kyker, Coldwell Banker Apex, REALTORS
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 20846983
Details provided by NTREIS and may not match the public record
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 20846983
Details provided by NTREIS and may not match the public record
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