See Home Value
$271,300
● House - Off Market

36 Poverty Point Circle

Abilene, TX 79601
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,258 Ft²
$1,351
Est. Monthly

About This Property

LOCATION! LOCATION! LOCATION!

Lakefront opportunity with serious potential on Fort Phantom Lake.

If you've been waiting for a lake property with incredible potential in an unbeatable spot, this is it. Just minutes from Abilene, Dyess AFB, local colleges, data centers, and major growth areas, you truly can't beat this location.

Inside, you'll find a spacious layout with two dining areas, oversized living space, and a woodburning fireplace with blower. The kitchen offers wood cabinetry and updated appliances. Across the back of the home, a large sunroom and enclosed side porch overlook the lake, offering endless potential to create your dream space to relax and take in the views.

The 3 bedroom, 3 bathroom floorplan gives you flexibility with split bedrooms downstairs, plus a large upstairs bedroom with its own bath, vaulted wood ceilings, and a walk out balcony overlooking the water. Perfect for a second primary suite or private guest retreat.

Set on a large lot just shy of an acre with mature oak trees, circular driveway, garage, carport, and covered walkway, the bones are here for something really special. There is also a large shop with boat storage and direct lake access, plus a storm cellar, making it ideal for lake life, weekend escapes, or a future income producing Airbnb.

Outside is where this property really shines.

Gentle slope to the water, great frontage, and deep water access. Whether you enjoy fishing, kayaking, or just soaking up lake life, this property is ready for all your lake adventures.

Sold AS IS and does need work, but the upside here is huge.

This is a rare chance to grab lakefront property in a highly convenient location and make it your own.
Unit Size
2,258 Ft²
Days on Market
-
Land Size
0.99 acres
Price per sqft
$122
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1974

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Last updated: 2 months ago (NTREIS #21232641)

Price History

Date / Event Date Event Price
Aug 13, 2026 Sold
Sold
Jul 16, 2026 In contract -
In contract
Jul 2, 2026 Price Decreased $275,000
↓ $24K (8%)
Price Decreased
Jun 15, 2026 Relisted $299,000
Relisted
May 19, 2026 In contract -
In contract
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Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 560
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,255
  • Lot Size Frontage Feet: 0
  • Total Building Area: 6,552
  • Gross Building Area: 6,552
  • Building Area: 6,552
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 2
  • Heated Square Feet: 1,698
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FT PHANTOM HILL SEC 3
  • Land Acres: 0000000993
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: FT PHANTOM HILL SECT. 3 BLOCK A LOT 12

Neighborhood

  • School District Name: Abilene Independent School District
  • Census Tract: 020101

Geography

  • Account Number: 303599-000
  • Parcel: 11655
  • Block: A
  • Lot: 12
  • Municipality: ABILENE
  • Latitude: 32.6062
  • Longitude: -99.6658

    Address

  • Full Address: 36 Poverty Point Cir
  • Address - House Number: 36
  • Address - Street Name: Poverty Point
  • Address - Suffix Type: Cir
  • State: TX
  • City Name: Abilene
  • Carrier Code: R012
  • 4-Digit Zip Code: 8427
  • Zip Code: 79601

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $378,853
  • Tax Rate Code Area: CAB GJO HS

    Appraisal Valuation

  • Standard Deviation: 0.4758
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 4
  • Final Value: 207,239
  • High Value: 305,863
  • Low Value: 108,614

    Market Valuation

  • Market Total Value: $239,000
  • Market Land Value: $124,130
  • Market Improvement Value: $114,870

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $239,000
  • Assessed Land Value: $124,130
  • Assessed Improvements Value: $114,870

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 04, 2014
  • Current Sale Recording Date: Apr 11, 2014
  • Current Sale Price:
  • Current Sale Document Type: 36
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Ft. Phantom Area


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 11001 W Lake Road, Abilene, TX, 79601

$7,500 /mo

  • 4 Beds
  • 4 Baths
  • 2,645 ft²
11001 W Lake Road, Abilene, TX, 79601 Listing by Matthew Muzechenko


Frequently Asked Questions

When was property at 36 Poverty Point Circle built and last sold?
The property at 36 Poverty Point Circle was built in 1974 and last sold on Apr 4, 2014 for $18,750.
How much is this home worth?
The estimated value of the home located at 36 Poverty Point Circle is $290,952.
What are some comparable homes to 36 Poverty Point Circle?
There are currently no comparable homes to 36 Poverty Point Circle.