Townhome-Style Fourplex
3725 Patty Lynne Street Abilene, TX 79606
For Sale
$830,000
MULTI_FAMILY - Abilene, TX
Property Size4,096 SF
Lot Size0.30 Acres
Price / SF$202.64
Days on Market16
Property Features for 3725 Patty Lynne Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Quadruplex
- Bedrooms
- 8
- Bathrooms
- 8
- Rooms
- Bathroom 7, Bedroom 7, Bathroom 4, Bedroom 1, Bedroom 4, Bedroom 5, Bedroom 6, Bedroom 2, Bedroom 8, Bedroom 3, Bathroom 1, Bathroom 6, Bathroom 5, Bathroom 2, Bathroom 8, Bathroom 3
- Parking
- 8
- Parking features
- Garage, Open, Driveway
- 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, Carpet, Vinyl
- Building materials
- BoardAndBattenSiding, Brick
- Roof type
- Composition
Listing Agency:
RE/MAX Big Country
(325) 750-6188
Listed By:
Brandi Smith · License #0581442
(325) 750-6188
Added: Jul 10
Changed: Jul 17
Last Checked: Jul 25 at 3:06PM
MLS# 21324651
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.
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 units built in 1984, each approximately 1,024 SF with 2 bedrooms and 1.5 bathrooms
- Three of four units updated between 2022–2023; remodeled units include electric fireplaces and dedicated laundry areas
- Each unit has a private entrance and an attached one‑car garage; additional parking includes driveway and open spaces
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
NOI $33,959 @ 7.0% cap · market cap 4.09%
Second Best
Apartment 5plus
$448.9K
$392.8K – $523.7K
NOI $31,423 @ 7.0% cap · market cap 3.79%
Theoretical Best
Office A
$914.5K
$800.2K – $1.07M
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 units built in 1984, each approximately 1,024 SF with 2 bedrooms and 1.5 bathrooms; Three of four units updated between 2022–2023; remodeled units include electric fireplaces and dedicated laundry areas; Each unit has a private entrance and an attached one‑car garage; additional parking includes driveway and open spaces
