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Reggie Walker

reggie@reggiewalker.com +1(214) 668-1783

$ 830,000

Est. payment | -/mo

8 Beds

8 Baths

4,096 SqFt

Save Virtual Tour

$ 830,000

Est. payment | -/mo

Save Virtual Tour

8 Beds

8 Baths

4,096 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,096 sqft

Subdivision Ridgemont Heights Replat

MLS Listing ID 21324651

Bedrooms 8

Full Baths 4

Half Baths 4

HOA Y/N None

Total Fin. Sqft 4096

Year Built 1984

Annual Tax Amount $8,077

Lot Size 0.300 Acres

Acres 0.3

Property Sub-Type Quadruplex

Property Description

Welcome to 3725-3737 Patty Lynne, a well-maintained four-unit townhome-style multifamily property in South Abilene offering a combination of current income, recent updates, and future potential. Built in 1984, this investment property features four two-story units, each offering approximately 1,024 square feet with 2 bedrooms, 1.5 bathrooms, private entrances, and an attached one-car garage. Three of the four units have been updated between 2022 and 2023 with modern finishes, while one unit offers an opportunity for future improvements. Two units have successfully operated as furnished rentals, providing flexibility for a variety of rental strategies. Spacious floor plans include comfortable living areas, functional kitchens, dedicated laundry areas, and electric fireplaces in the remodeled units. The property is currently 75% occupied, with one remodeled, fully furnished unit available for immediate lease-up or owner-selected tenancy. Current gross scheduled rental income is based on the existing rent schedule, with additional potential through future management of the below-market unit. Conveniently located near shopping, dining, schools, and major employers, this multifamily property offers investors the opportunity to acquire a townhome-style asset in an established South Abilene neighborhood. Rent roll, operating information, and additional property details are available upon request.

Location

State TX

County Taylor

Community Curbs, Sidewalks

Direction Driving Down Buffalo Gap Road, Turn left onto Chimney Rock Rd, Turn right onto Bruce Drive. Turn left onto Patty Lynne. Property will be on the left. No sign is present.

Interior

Interior Features Cable TV Available, Eat-in Kitchen

Heating Central, Electric

Cooling Ceiling Fan(s), Central Air

Flooring Carpet, Luxury Vinyl Plank, Tile

Fireplaces Number 4

Fireplaces Type Electric, Living Room, Wood Burning

Appliance Dishwasher, Dryer, Electric Range, Refrigerator, Washer

Heat Source Central, Electric

Exterior

Garage Spaces 4.0

Fence None

Community Features Curbs, Sidewalks

Utilities Available All Weather Road, Cable Available, City Sewer, City Water, Community Mailbox, Curbs, Electricity Connected, Sidewalk

Roof Type Composition

Total Parking Spaces 4

Garage Yes

Building

Lot Description Few Trees, Interior Lot, No Backyard Grass

Story Two

Foundation Slab

Level or Stories Two

Structure Type Board & Batten Siding,Brick

Schools

Elementary Schools Bowie

Middle Schools Madison

High Schools Cooper

School District Abilene Isd

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21324651

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Brandi Smith • RE/MAX Big Country

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(214) 668-1783

reggie@reggiewalker.com

Learn More About LPT Realty

3725 Patty Lynne Street Abilene, TX 79606