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Duplex with Updated Three-Bed Units
For Sale
$525,000

2133 Patriot Commons Road, Abilene, TX 79601

MULTI_FAMILY - Abilene, TX

Property Size2,698 SF
Lot Size0.21 Acres
Price / SF$194.59
Days on Market15

Property Features for 2133 Patriot Commons Road

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 6
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 2, Bathroom 4, Bedroom 1, Bedroom 5, Bedroom 3, Bedroom 4, Bedroom 6, Bathroom 3, Bedroom 2, Bathroom 1
Parking 4
Parking features Garage, Open
Interior features HighSpeedInternet, CableTv
Fireplace 1
Appliances Dryer, ElectricRange, Refrigerator, Washer
Subdivision Quail Valley Northeast
Lot features Interior Lot, Landscaped, Subdivision
Elementary school Taylor
Middle school Craig
High school Abilene
Elementary school district Abilene ISD
Middle school district Abilene ISD
High school district Abilene ISD
Directions Take 351 to Patriot Commons then turn left
Standard status Active
APN 45183
Size 2,698 SF
Lot size 0.21 Acres

Taxes and HOA fees

Tax Description QUAIL VALLEY NORTHEAST SEC 1, BLOCK F, LOT 12
Tax Annual Amount 3354
HOA Fee $144 Annually
Legal Description QUAIL VALLEY NORTHEAST SEC 1, BLOCK F, LOT 12

Utilities

Sewer type Public Sewer
Heating system Central, Heat Pump (Heating)
Cooling system Central Air
Water source Public

Building Details

Year built 1999
Floors in Building 1
Number of units 2
Flooring type Tile, Carpet
Building materials Brick
Roof type Composition
Listing Agency: Better Homes & Gardens Real Estate Senter, REALTORS
Listed By: Patricia Knight · License #0292216
Added: Jul 17 Changed: Jul 31 Last Checked: Jul 31 at 1:06PM
MLS# 21296335

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This duplex features two separate units on the same property, each with three bedrooms, two bathrooms, and a two-car garage. The owner-occupied side includes a redesigned kitchen and living area. The home’s interior features include high-speed internet and cable TV, and the property is equipped with central heating and central air, including a heat pump system. Flooring includes carpet and tile, and the property has a fireplace.

The property is a brick duplex with a composition roof, built in 1999. Public water and public sewer service are provided. Parking is available with garage and open parking.

Measuring 2,698 square feet on a 0.206-acre lot, this is a duplex investment property with two self-contained sides, each suited for residential income use.

Key Highlights

  • Two separate units, each with updated 3‑bedroom, 2‑bath layout
  • Two‑car garage on both sides plus open parking
  • Brick duplex with composition roof, built in 1999

Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $34.0k $12.60
− Vacancy −$2.0k −$0.76
EGI $32.0k $11.84
− OpEx −$9.6k −$3.55
NOI $22.4k $8.29
2,698 SF · lease $12.60/SF/yr · vacancy 6.00% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$319.6K
$279.6K – $372.8K (±1% cap)
NOI $22,369 @ 7.0% cap · market cap 4.26%
Second Best
Apartment 5plus
$295.7K
$258.7K – $345.0K (±1% cap)
NOI $20,698 @ 7.0% cap · market cap 3.94%
Theoretical Best
Office A
$602.4K
$527.1K – $702.8K (±1% cap)
NOI $42,167 @ 7.0% cap · market cap 8.03%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

147
Businesses Nearby

Demographics for 79601, TX

26,515
Population
9,422
Households
2.8
Avg Household Size
32
Median Age
21%
College-Educated
84%
High-School Grad
263.0 sq mi
ZIP Area
101
Density / Sq Mi
$54,515
Median Household Income
$24,704
Median Earnings
$988
Median Rent
$182,900
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Duplex near ACU offering two separate updated three-bedroom, two-bath units with garages on both sides.
Where is this duplex located?
The property is located at 2133 Patriot Commons Road Abilene, TX.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Two separate units, each with updated 3‑bedroom, 2‑bath layout; Two‑car garage on both sides plus open parking; Brick duplex with composition roof, built in 1999
More about this property
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