$199,900
●
House -
Off Market
542 Mulberry Street
Abilene, TX 79601
3 Beds
2 Baths
2,416 Ft²
$233,892
RealtyHop Estimate
17.00%
Since Jul 1, 2021
National-US
Primary Model
About This Property
GORGEOUS, 1920's vintage brick home on a large pine tree shaded
corner lot! This beautifully updated custom home is
conveniently located in the downtown area. This stunning home
features stainless steel appliances, new countertops, beautifully
refinished original hardwoods, fresh paint, custom tile designs in
kitchen and bathrooms, new wood flooring, new ceiling fans and
fixtures. BONUS! This home also has a separate apartment you
could rent to off-set your mortgage or use to house a family
member. Seller offers conditional $2000 concession.
Come see it TODAY!
Unit Size
2,416 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$83
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1925
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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: 5 months ago (NTREIS #14454949)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 24, 2025 | Sold | ||
| Sold | |||
| Jul 3, 2025 | In contract | - | |
| In contract | |||
| Jun 25, 2025 | Listed by Coldwell Banker Apex, REALTORS | $300,000 | |
| Listed by Coldwell Banker Apex, REALTORS | |||
| | |||
|
Charming 1925 Craftsman with Income-Ready Carriage House
This beautifully preserved 3-bedroom, 2-bathroom Craftsman home offers 2,016 sq ft of timeless character paired with major modern updates. The plumbing system has been fully replaced with new pipes, the water heater has been upgraded, and the home features a top-tier roofing system that qualifies for a substantial insurance discount. Inside, the spacious living room is warmed by original details and enhanced with custom shades.
In the back, a 400 sq ft FULLY FURNISHED CARRIAGE HOUSE with private access through a double-wide gate off the alley provides the perfect setup for guests or short-term rental income. Whether you’re looking for comfort, charm, or cash flow—this home delivers it all.
| |||
| Jun 15, 2024 | Delisted | - | |
| Delisted | |||
| Apr 8, 2024 | Listed by Coldwell Banker APEX, REALTORS | $275,000 | |
| Listed by Coldwell Banker APEX, REALTORS | |||
| | |||
|
Step into vintage charm paired with modern elegance in this updated 3-bedroom, 2-bath home located near vibrant downtown Abilene. Preserved original hardwood floors and a classic clawfoot tub give a nod to times past, while contemporary updates offer all the comforts of today. The property boasts a fully updated guest quarters, ideal for a short-term rental, and a generous corner lot with lots of potential. Relax on the sprawling front porch, and soak in the nostalgic ambiance. Interior built-ins and a warm color palette create an inviting feel throughout. Topped off by its attractive location, this gem combines old-world charm and modern convenience. Contact the listing agent today to see this unique property.
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Property Highlights
Parking Available
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 Original Town North
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Listed by: Michael Mitchell, New Century Realty, Inc.
Last Updated: 5 months ago
Data Source: NTREIS MLS, MLS# 14454949
Details provided by NTREIS and may not match the public record
Last Updated: 5 months ago
Data Source: NTREIS MLS, MLS# 14454949
Details provided by NTREIS and may not match the public record
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Phone: 425-283-2930
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