$339,000
●
House -
Off Market
4001 Potomac Avenue
Abilene, TX 79605
4 Beds
2 Baths
2,320 Ft²
$1,665
Est. Monthly
About This Property
No home carries a legacy like 4001 Potomac Avenue! This JEWEL is an
Abilene Historic home with an established history, once owned by
the mayor & the Wooten family of Abilene's oldest hotel. The
half-moon driveway showcases the home's MAJOR curb appeal & the
exterior stone was taken from the old Fort Phantom.
Floor-to-ceiling bay windows bask an amazing open living & dining
space with SO MUCH character & light! The beautiful flooring is
made up of Spanish Edwardian brick tile. Stainless steel
appliances, 5-burner gas cooktop & granite countertops await you in
the kitchen. Master bedroom contains 3 closets, tiled shower,
garden tub & granite vanity. Large utility room, TONS of storage &
multiple outdoor lounge areas. Attached to the garage is a finished
room ideal for a man cave, office, or workout room. Lots of
updates: newer furnace, air return ducts, in-window AC unit for the
man cave, water heater & more installed recently. New BUILT IN
Refrigerator in 2023, and new dishwasher in 2024. Entirely new
mansard roof was installed in 2024. This is an amazing home,
PERFECT for entertaining!
Unit Size
2,320 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$146
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1953
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #20905736)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 7, 2025 | Sold | ||
| Sold | |||
| Jun 15, 2025 | In contract | - | |
| In contract | |||
| Apr 21, 2025 | Listed by Coldwell Banker Apex, REALTORS | $339,000 | |
| Listed by Coldwell Banker Apex, REALTORS | |||
| Jun 29, 2023 | Sold | ||
| Sold | |||
| Mar 24, 2023 | Listed by Coldwell Banker Apex, REALTORS | $318,500 | |
| Listed by Coldwell Banker Apex, REALTORS | |||
| | |||
|
No home carries a legacy like 4001 Potomac Avenue! This JEWEL is an Abilene Historical home with an established history, once owned by the mayor & the Wooten family of Abilene's oldest hotel. The half-moon driveway showcases the home’s MAJOR curb appeal & the exterior stone was taken from the old Fort Phantom. Floor-to-ceiling bay windows bask an amazing open living & dining space with SO MUCH character & light! The beautiful flooring is made up of Spanish Edwardian brick tile. Stainless steel appliances, 5-burner gas cooktop & granite countertops await you in the kitchen. Master bedroom contains 3 closets, tiled shower, garden tub & granite vanity. Large utility room, TONS of storage & multiple outdoor lounge areas. Attached to the garage is a finished room ideal for a man cave, office, or workout room. Lots of updates: new furnace, air return ducts, in-window AC unit for the man cave, water heater & more installed in the last year. This is an amazing home, PERFECT for entertaining!
| |||
Show More
Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Elmwood Area
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Paul Walker, Coldwell Banker Apex, REALTORS
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 20905736
Details provided by NTREIS and may not match the public record
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 20905736
Details provided by NTREIS and may not match the public record
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017