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Three-Residence Residential Income Property

6370 CR 107 Abilene, TX 79601

6370 CR 107, Abilene, TX, 79601
$435,000
For Sale
$435,000

MULTI_FAMILY - Abilene, TX

Property Size3,500 SF
Lot Size8.33 Acres
Price / SF$124.29
Days on Market11

Property Features for 6370 CR 107

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
8
Bathrooms
6
Rooms
Bedroom 6, Bedroom 2, Bathroom 1, Bathroom 5, Bedroom 8, Bedroom 7, Bathroom 2, Bedroom 4, Bedroom 5, Bedroom 3, Bathroom 6, Bedroom 1, Bathroom 3, Bathroom 4
Parking
5
Parking features
Gated, Covered, Carport, Guest, Boat, RV, Garage, Oversize
Patio and Porch features
Deck, Porch
Interior features
BuiltInFeatures, DoubleVanity, HighSpeedInternet, InLawFloorplan, MultipleMasterSuites, OpenFloorplan, WalkInClosets
Exterior features
Storage
Fireplace
1
Appliances
Dishwasher, ElectricRange, ElectricWaterHeater, Disposal
Standard status
Active
APN
R015634
Size
3,500 SF
Lot size
8.33 Acres

Taxes and HOA fees

Tax Description
ACRES: 8.330 1107 SEC 64 T&P BLK 14 (TRACT 6)
Tax Annual Amount
2271

Utilities

Sewer type
Septic Tank
Heating system
Electric (Heating), Central
Cooling system
Electric, Central Air

Building Details

Year built
2013
Floors in Building
1
Number of units
3
Flooring type
Vinyl, Carpet
Roof type
Composition
Additional Structures
Storage
Listing Agency Sendero Properties, LLC
Abilene, TX
Listed by Amber Sanders · License #0586886
Added: Jul 10 Checked: Jul 20 at 5:06 am
MLS# 21148707 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.

This residential income property includes three separate residences on 8.33 acres. The main home features 5 bedrooms and 3 bathrooms with an open concept layout and a split bedroom plan, and new flooring and fresh paint are being installed. It also includes new appliances that convey with an acceptable offer and an above-ground pool. A newer 2-bedroom, 2-bath manufactured home adds additional private living space, and a separate tiny house includes 1 bedroom, 1 bathroom, plus kitchen and living area.

Each residence is independently serviced with three separate water meters and three electric meters. Outdoor amenities include a five-car carport and a seasonal stock tank. The property is described as located within Eula ISD, just minutes from Abilene, with nearby growth and development mentioned in the area.

The seller notes there are no known deed restrictions preventing the addition of more homes, and buyers are asked to verify. Additional acreage (13 acres) is available for purchase and is listed separately.

Key Highlights

  • Over 8 acres in Eula ISD with three separate residences: main home, newer 2BD/2BA manufactured home, and 1BD/1BA tiny house
  • Main home offers 5 bedrooms and 3 bathrooms with an open floorplan and split bedroom layout
  • Three separate water meters and three electric meters serve each residence for flexible multi‑home living

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 $44.1k $12.60
− Vacancy −$2.6k −$0.76
EGI $41.5k $11.84
− OpEx −$12.4k −$3.55
NOI $29.0k $8.29
3,500 SF · lease $12.60/SF/yr · vacancy 6.00% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$414.5K
$362.7K – $483.6K (±1% cap)
NOI $29,018 @ 7.0% cap · market cap 6.67%
Second Best
Apartment 5plus
$383.6K
$335.6K – $447.5K (±1% cap)
NOI $26,850 @ 7.0% cap · market cap 6.17%
Theoretical Best
Office A
$781.4K
$683.8K – $911.7K (±1% cap)
NOI $54,701 @ 7.0% cap · market cap 12.57%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

FAQs

What type of property is this?
Triplex - Three separate residences sit on over 8 acres, each with independent water and electric meters, plus an above-ground pool.
Where is this triplex located?
The property is located at 6370 CR 107 Abilene, TX.
What is the asking price?
The asking price for this property is $435,000.
What are key features of this property?
This property features: Over 8 acres in Eula ISD with three separate residences: main home, newer 2BD/2BA manufactured home, and 1BD/1BA tiny house; Main home offers 5 bedrooms and 3 bathrooms with an open floorplan and split bedroom layout; Three separate water meters and three electric meters serve each residence for flexible multi‑home living
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More about this property
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