2909 Orange Street
About This Property
Discover the perfect blend of comfort and convenience with this spacious 3-bedroom, 2-bathroom home located in the heart of Abilene, TX. With its strategic location near Hardin-Simmons University, Hendrick Medical Center, and a variety of shopping destinations, this property offers an unparalleled investment opportunity. Whether you're an investor looking to expand your portfolio or a buyer seeking a lovely property with tenant potential, this home is currently leased through September, offering immediate returns.
Step inside to find a generously sized living area, perfect for entertaining and relaxed daily living. The space flows seamlessly with luxury vinyl plank flooring that enhances the neutral color palette throughout, providing a clean, modern aesthetic. The eat-in kitchen is both functional and inviting, designed to cater to all your culinary needs with space for casual dining.
The exterior of the home offers a large fenced yard, ideal for outdoor activities. Few majestic trees offer shade and character, creating a serene backyard oasis. An additional storage building adds practicality, providing ample space for tools or additional storage needs.
This property is not just a home but a sound investment in an ideal location. Leased and ready to generate income, it's a fantastic opportunity in a growing market. Don't miss this chance to secure a valuable piece of real estate in Abilene.
Contact us today to schedule your private showing and explore the potential of this exceptional property.
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 27, 2025 | Sold | ||
| Sold | |||
| May 11, 2025 | In contract | - | |
| In contract | |||
| Apr 23, 2025 | Listed by Coldwell Banker Apex, REALTORS | $145,000 | |
| Listed by Coldwell Banker Apex, REALTORS | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017