Updated Quadplex for
3101 Button Willow Avenue Abilene, TX 79606
3101 Button Willow Avenue, Abilene, TX, 79606
$795,000
For Sale
$795,000
Updated quadplex with newer HVAC, appliances, and tenant appeal.
Property Size4,997 SF
Price / SF$159.10
Days on Market167
Property Features for 3101 Button Willow Avenue
General Information
- Standard status
- Active
- Size
- 4,997 SF
- Property subtype
- Multi-Family / Fourplex
Building Details
- Year Built
- 1977
Listing Agency
Real Broker, LLC.
(325) 665-0526
Listed by
Tonya Harbin · License #0565908
(325) 665-0526
Source
Compass
Added: Feb 3 Checked: Jul 19 at 5:09 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Real Broker, LLC.
Investment Insights
Based on property information with market context.
This updated quadplex presents an investment opportunity. Each unit features updates, including newer HVAC systems and added insulation exceeding 12 inches. Fresh paint and clean finishes contribute to a bright and welcoming atmosphere. The kitchens are equipped with newer appliances, and each unit includes washer and dryer hookups. LVP flooring is installed on the first floor. The bedrooms are generously sized. Covered parking is available. Units 1 and 4 have fenced side yards. All four units are tenant-occupied with leases in place. Furnishings will convey with Unit 3. The property is located in Abilene, TX, and has a property size of 4997 square feet.
Key Highlights
- Updated quadplex providing a low‑maintenance investment opportunity.
- Each unit features newer HVAC systems, added insulation, fresh paint, and updated finishes.
- Kitchens equipped with newer appliances and washer/dryer hookups in every unit.
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 | $63.0k | $12.60 |
| − Vacancy | −$3.8k | −$0.76 |
| EGI | $59.2k | $11.84 |
| − OpEx | −$17.8k | −$3.55 |
| NOI | $41.4k | $8.29 |
4,997 SF · lease $12.60/SF/yr · vacancy 6.00% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$591.8K
$517.9K – $690.5K
NOI $41,429 @ 7.0% cap · market cap 5.21%
Second Best
Apartment 5plus
$547.6K
$479.2K – $638.9K
NOI $38,335 @ 7.0% cap · market cap 4.82%
Theoretical Best
Office A
$1.12M
$976.2K – $1.30M
NOI $78,097 @ 7.0% cap · market cap 9.82%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Quadplex - Updated quadplex with newer HVAC, appliances, and tenant appeal.
Where is this quadplex located?
The property is located at 3101 Button Willow Avenue Abilene, TX.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Updated quadplex providing a low‑maintenance investment opportunity.; Each unit features newer HVAC systems, added insulation, fresh paint, and updated finishes.; Kitchens equipped with newer appliances and washer/dryer hookups in every unit.
