$83,500
●
House -
Off Market
1808 Ace Trail
Abilene, TX 79601
Studio
0 Bath
$120,719
RealtyHop Estimate
42.19%
Since May 1, 2020
National-US
Primary Model
About This Property
Agent is related to the owner. This small rural residential
subdivision is situated on Lake Fort Phantom. It offers all of the
benefits of having nature around you, but with the amenities of
city services, a community pool and a boat dock! Restaurants,
shopping, ACU, HSU and Hendrick Hospital are all a short 5-10
minute drive! At almost 2 acres, this lot allows for a ton of space
to play! It is elevated with your back yard facing the lake with no
obstructions! Come check it out today! AISD transfer possibility!
Unit Size
-
Days on Market
-
Land Size
1.83 acres
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
$100
Year Built
1964
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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: 3 years ago (NTREIS #14116643)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 3, 2023 | No longer available | - | |
| No longer available | |||
| Oct 26, 2022 | Price Increased |
$1,295,000
↑ $345K
(36.3%) | |
| Price Increased | |||
| Sep 2, 2022 | Listed by Chris Barnett Real Estate | $950,000 | |
| Listed by Chris Barnett Real Estate | |||
| | |||
|
3 Income producing properties on Ambler & Treadaway with the Hard Corner being a Restaurant & Check Cashing, the middle property being General Office or Retail, and the farthest north property being Automotive. This property is an attractive investment opportunity for the existing uses and future Raw Land Development Tract. Excellent location and priced to Sell!
| |||
| Jun 28, 2022 | Sold | ||
| Sold | |||
| Apr 4, 2022 | Listed by Coldwell Banker Apex, REALTORS | $102,000 | |
| Listed by Coldwell Banker Apex, REALTORS | |||
| | |||
|
Here it is! Lake view property inside the city limits of Abilene. Lot 13 has over 4 acres of untouched land on which to build your dream home. Lake Rock Trails subdivision boasts an affordable HOA providing a walking, jogging, biking path around the entire subdivision, a beautiful swimming pool, covered boat and fishing dock, fire pit and a picnic party area all on the shores of Lake Ft. Phantom! You can also add a private boat slip to the dock area if desired. This is one of only two lots left, so hurry!
Lot 13 is the corner lot located on the south side of Aces Trail Drive west of East Lake Road. Lots 2 & 3 are also available as one purchase and are on the north side of Aces Trail. Look for the real estate agent's signs and call for more information.
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Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About North College
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Listed by: Callie Blanks, Keller Williams Realty
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14116643
Details provided by NTREIS and may not match the public record
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14116643
Details provided by NTREIS and may not match the public record
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