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3725 Patty Lynne Street

Abilene, TX 79606

$830,000

4 units · 1984

Units4
Building area4,096 sq ft
Year built1984
Gross income$66,249/yr
Cap rate5.71% as listed
Parking8 spaces
Lot size0.3 acres
TypeQuadruplex

What it costs to own

Taxes$8,077 per year
HOANone listed
Operating expenses$18,834 per year — as listed
Insurance$4,228 per year — as listed
Net operating income$47,406 per year — as listed

Taxes shown reflect the current owner's exemptions and may change after purchase.

About this home

NEW ROOF! 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.

The details

HeatingCentral, Electric
CoolingCeiling Fan(s), Central Air
FlooringCarpet, Luxury Vinyl Plank, Tile
AppliancesDishwasher, Dryer, Electric Range, Refrigerator, Washer
Interior featuresCable TV Available, Eat-in Kitchen
Bathrooms4 full · 4 half
Fireplace4 · Electric, Living Room, Wood Burning

Construction materialsBoard & Batten Siding, Brick
RoofComposition
FoundationSlab

Lot featuresFew Trees, Interior Lot, No Backyard Grass
FencingNone
Water sourceCity Water
SewerCity Sewer
ElectricElectricity Connected
UtilitiesCable Available

SubdivisionRidgemont Heights Replat
Community featuresCurbs, Sidewalks

ElementaryBowie
Middle schoolMadison
High schoolCooper
DistrictAbilene ISD

Gross income$66,249 per year
Operating expenses$18,834 per year
Operating includesInsurance, Trash, Utilities, Water/Sewer
Insurance$4,228 per year
Cap rate5.71% — as listed
Net operating income$47,406 per year

MLS #21324651
Source
On the market99 days
CountyTaylor

Around this home

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Listing courtesy of RE/MAX Big Country — Brandi Smith.

Robert LewisStephen LewisRobert & StephenInk Realty Group

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Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #21324651. Information last updated October 15, 2026.

Based on information submitted to the MLS as of the date above. All data is obtained from various sources and may not have been verified by the broker or NTREIS. Supplied data is for the viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing.

Ink Realty Group is brokered by eXp Realty.

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