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Harrison Lilly

| Harrison Lilly Realty Dallas | Harrison Lilly Realty | PLACE

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1018 Merchant St , Abilene, TX 79603
$250,000
Est. Payment: $1,287.11/mo
7 Bed
3 Bath
2814 Sqft
Status: pending | Days on site: 74
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House Description

TRIPLEX FOR SALE - Unique income-producing property featuring a 3-bedroom, 1-bath single-family home fronting Merchant St and a rear duplex with two 2-bedroom, 1-bath units accessible via the alley. Located in an up-and-coming area experiencing significant revitalization, with numerous neighboring properties undergoing renovation and improvement. This property offers multiple investment strategies, including owner-occupancy in the front home while generating rental income from the duplex, or leasing all three units for maximum cash flow. All units are currently occupied and leased on a month-to-month basis, providing flexibility for future plans. The property includes 1018, 1020, and 1022 Merchant St. Please do not disturb tenants. Showings are available by appointment only.

Highlights

Listed by Chad Chaney , Coldwell Banker Apex, REALTORS , North Texas Real Estate Information Systems

Property Type

Multi-Family

Lot/Acreage
0.22

Year Built

1946

County

Taylor

Neighborhood

Lakeside Add

School District

Abilene ISD

Listing ID

21286246

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • Bedrooms:7
  • Bathrooms:3
  • Full Bathrooms:3
Air Cond:Central Air,Electric
Fireplaces:
Other:
  • Additional:Cable TV Available

Exterior Features

Lot:Interior Lot
Garage Capacity:4
Roof:Composition
Others:
  • Additional:Preowned
Parking Features:Driveway
Principal Interest
$1,287
Taxes
$331

Home Price

$250,000

Loan Details

30 yrs
6.674%

Down Payment

20%
$50,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,287.11

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,287.11 $331.25 $0.00 $1,618.36
Yearly $15,445.30 $3,975.00 $0.00 $19,420.30
Total $463,359.09 $119,250.00 $0.00 $582,609.09

Today's Rates

30 Year

6.67%

20 Year

6.37%

15 Year

5.93%

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Market insight data is pulled from the same city as the listing being viewed (Abilene, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by North Texas Real Estate Information Systems Multiple Listing Service, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-24T21:21:41.390Z

© 2026 North Texas Real Estate Information Systems