801 Elmwood Drive
About This Property
Welcome to 801 Elmwood Drive-an updated and inviting 3-bedroom, 2-bathroom home located in Abilene's desirable Elmwood neighborhood. Situated on a spacious corner double lot, this 1,897 sq ft home offers both comfort and character with a circle driveway, mature trees, and classic brick exterior.
Step inside to find brand-new engineered hardwood floors, fresh rear windows for enhanced natural light, and a thoughtfully designed layout that includes a formal living room with a cozy fireplace. The kitchen and dining areas provide plenty of space for everyday living or entertaining guests, while the private bedrooms and updated baths offer calm, comfortable retreats.
Out back, you'll love the large covered patio-perfect for hanging out, entertaining friends, or relaxing with a morning coffee. The fenced yard provides privacy and space for kids, pets, or weekend barbecues, making it a true extension of your living space.
Whether you're looking for a forever home or a smart investment, 801 Elmwood offers timeless charm, recent updates, and a prime location just minutes from shopping, dining, and downtown Abilene.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 4, 2025 | Sold | ||
| Sold | |||
| Jul 21, 2025 | In contract | - | |
| In contract | |||
| Jul 11, 2025 | Listed by McCullar Properties Group LLC | $295,000 | |
| Listed by McCullar Properties Group LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017