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Townhome-Style Fourplex Investment

3725 Patty Lynne Street Abilene, TX 79606

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3725 Patty Lynne Street, Abilene, TX, 79606
$830,000
For Sale
Claim this Listing
$830,000

MULTI_FAMILY - Abilene, TX

Property Size4,096 SF
Lot Size0.30 Acres
Price / SF$202.64
AddedJul 10
Days on Market5
Last RefreshJul 14 at 2:06 pm

Property Features for 3725 Patty Lynne Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
8
Bathrooms
8
Rooms
Bathroom 5, Bathroom 8, Bedroom 8, Bathroom 2, Bathroom 6, Bedroom 4, Bedroom 6, Bathroom 3, Bedroom 2, Bedroom 7, Bathroom 7, Bedroom 3, Bedroom 5, Bathroom 4, Bathroom 1, Bedroom 1
Parking
8
Parking features
Open, Driveway, Garage
Patio and Porch features
Porch
Interior features
EatInKitchen, CableTv
Fireplace
1
Appliances
Dryer, Dishwasher, ElectricRange, Refrigerator, Washer
Standard status
Active
APN
60319
Size
4,096 SF
Lot size
0.30 Acres

Taxes and HOA fees

Tax Annual Amount
8077

Utilities

Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Central Air, Ceiling Fan(s)
Water source
Public

Building Details

Year built
1984
Floors in Building
2
Number of units
4
Flooring type
Tile, Vinyl, Carpet
Building materials
BoardAndBattenSiding, Brick
Roof type
Composition

Listing agent Brandi Smith License #0581442

Listing office RE/MAX Big Country Abilene, TX

Listing date Jul 10, 2026

MLS# 21324651 Listing URL

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.

Welcome to 3725–3737 Patty Lynne, a well-maintained four-unit townhome-style multifamily property built in 1984. The community consists of four two-story units, each with an approximate 1,024-square-foot layout featuring 2 bedrooms and 1.5 bathrooms, private entrances, and an attached one-car garage. Recent improvements are in place with three of the four units updated between 2022 and 2023, while one unit offers opportunity for future improvements.

The updated units include spacious living areas, functional kitchens, dedicated laundry areas, and electric fireplaces in the remodeled finishes. The property is currently 75% occupied, with one remodeled, fully furnished unit available for immediate lease-up or owner-selected tenancy. Two units have operated as furnished rentals, supporting flexible rental strategies.

Additional rent roll, operating information, and further property details are available upon request.

Key Highlights

  • Four two‑story townhome‑style units built in 1984, each with ~1,024 SF, 2 bedrooms and 1.5 bathrooms
  • Private entrances and attached one‑car garages for each unit
  • Three units updated between 2022 and 2023 with remodeled features including electric fireplaces

Local 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 $51.6k $12.60
− Vacancy −$3.1k −$0.76
EGI $48.5k $11.84
− OpEx −$14.6k −$3.55
NOI $34.0k $8.29
4,096 SF · lease $12.60/SF/yr · vacancy 6.00% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$485.1K
$424.5K – $566.0K (±1% cap)
NOI $33,959 @ 7.0% cap · market cap 4.09%
Second Best
Apartment 5plus
$448.9K
$392.8K – $523.7K (±1% cap)
NOI $31,423 @ 7.0% cap · market cap 3.79%
Theoretical Best
Office A
$914.5K
$800.2K – $1.07M (±1% cap)
NOI $64,016 @ 7.0% cap · market cap 7.71%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Quadplexes

FAQs

What type of property is this?
Quadplex - Four two-story townhome-style units each include 2 bedrooms, 1.5 baths, private entrances, and attached one-car garages.
Where is this quadplex located?
The property is located at 3725 Patty Lynne Street Abilene, TX.
What is the asking price?
The asking price for this property is $830,000.
What are key features of this property?
This property features: Four two‑story townhome‑style units built in 1984, each with ~1,024 SF, 2 bedrooms and 1.5 bathrooms; Private entrances and attached one‑car garages for each unit; Three units updated between 2022 and 2023 with remodeled features including electric fireplaces
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