See Home Value
$525,000
● House - Off Market

40 Poverty Point

Abilene, TX 79601
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,520 Ft²
$2,578
Est. Monthly

About This Property

Beautiful Lakefront Home on a Deeded Lot – Stunning Views & Exceptional Amenities

Wake up every day to peaceful lake views in this charming 3-bedroom, 2-bath home perfectly positioned on a deeded lakefront lot. Offering direct access to the water, this property is ideal for anyone who loves fishing, boating, or simply relaxing by the shoreline.

A private boat dock and boathouse and storage building make lake living effortless, while a double detached carport provides plenty of covered parking.  The storage building could also very easily be used as a man-cave or she-shed!  Located less than 10 minutes from shopping and restaurants, you can have country peace with city convenience! Inside, the home features a spacious open-concept living area with a cozy fireplace and large windows that frame the beautiful water views. The kitchen is designed for both style and function, complete with a kitchen island, double oven, built-in wine fridge, and a large pantry. A dedicated laundry area adds everyday convenience.  The primary suite is a true retreat, offering a generous layout with a garden tub, linen closet, and plenty of natural light. Two additional bedrooms and a second full bath provide comfortable accommodations for family or guests. Enjoy outdoor living year-round on the covered patio and porch, perfect for morning coffee, evening sunsets, or weekend gatherings. This lakefront gem blends comfort, functionality, and unbeatable views-an ideal getaway or full-time residence for anyone seeking the best of lakeside living.
Unit Size
1,520 Ft²
Days on Market
-
Land Size
1.18 acres
Price per sqft
$345
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2001

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Last updated: 8 months ago (NTREIS #21153679)

Price History

Date / Event Date Event Price
Feb 25, 2026 Sold
Sold
Feb 6, 2026 In contract -
In contract
Jan 14, 2026 Listed by Tommy Simons (office) $525,000
Listed by Tommy Simons (office)

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 51,749
  • Lot Size Frontage Feet: 0
  • Total Building Area: 4,852
  • Gross Building Area: 4,852
  • Building Area: 4,852
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 11
  • Heated Square Feet: 528
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001188
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: FT PHANTOM HILL SECT 3 BLOCK 1 LOT 15

Neighborhood

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

Geography

  • Account Number: 303602-000
  • Parcel: 23916
  • Block: 1
  • Lot: 15
  • Municipality: ABILENE
  • Latitude: 32.6071
  • Longitude: -99.6668

    Address

  • Full Address: 40 Poverty Point Cir
  • Address - House Number: 40
  • 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: $561,883
  • Tax Rate Code Area: CAB GJO HS

    Appraisal Valuation

  • Standard Deviation: 0.2571
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 63
  • Final Value: 281,259
  • High Value: 353,580
  • Low Value: 208,937

    Market Valuation

  • Market Total Value: $213,910
  • Market Land Value: $118,800
  • Market Improvement Value: $95,110

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $213,910
  • Assessed Land Value: $118,800
  • Assessed Improvements Value: $95,110

    Sales

  • Current Sale Contract Date: May 30, 2003
  • Current Sale Recording Date: May 30, 2003
  • 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


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Frequently Asked Questions

When was property at 40 Poverty Point built and last sold?
The property at 40 Poverty Point was built in 2001 and last sold on May 30, 2003 for $0.
How much is this home worth?
The estimated value of the home located at 40 Poverty Point is $0.
What are some comparable homes to 40 Poverty Point?
There are currently no comparable homes to 40 Poverty Point.