851 Iberis S
About This Property
This exceptional luxury event barn features:
2,500 sq ft of covered outdoor entertaining space
2,500 sq ft of beautifully finished, heated & cooled interior, new 2023 HVAC system.
2,500 sq ft of fully insulated shop space
The main gathering area boasts two restrooms, custom pool and shuffleboard tables, and secure storage. Guests will appreciate the whole-home reverse osmosis water system and the warmth of the wood-pellet burning stove. Outside, the fun continues with a playground and a fully equipped outdoor kitchen featuring a Yoder pellet grill and LeGriddle French-top propane griddle.
Perfectly maintained and completely turn-key, this luxury event barn in Abilene is ready for you to start hosting immediately. Ideally located with easy access in south Abilene, it offers outstanding potential as a profitable venue or a spectacular private estate.
Ready to own one of Abilene's finest luxury event barns?
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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 |
|---|---|---|---|
| May 1, 2026 | Listed by Ekdahl Real Estate STAMFORD | $829,000 | |
| Listed by Ekdahl Real Estate STAMFORD | |||
| Apr 7, 2025 | Sold | ||
| Sold | |||
| Dec 7, 2024 | Listed by Ekdahl-Nelson Real Estate STAMFORD | $795,000 | |
| Listed by Ekdahl-Nelson Real Estate STAMFORD | |||
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Welcome to this stunning party event barndo in south Abilene, TX. With over 15,000 sq ft of solid concrete space, it is perfect for hosting a variety of events. There is a spacious 2500 sq ft covered outdoor area, along with a 2500 sq ft heated and cooled space 2023 unit, 2500 sq ft of a fully- insulated shop. Main area has two bathrooms, custom pool and shuffleboard tables, and a secure storage area. A reverse osmosis water system is provided and wood-pellet burning stove. Guests will enjoy the playground and outdoor kitchen that is fully equipped with Yoder Pellet Grill, Griddle LeGriddle French Cooking propane griddle. This is a turn key property and ready for you to start hosting today! Conveniently located, this barn is a versatile and well-equipped venue.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017