473 Cypress St Abilene, TX 79601
Property Lookup
Property profile & analytics
473 Cypress St Abilene, TX 79601
- Commercial real estate
- 14,000 SF
- 0.16 lot acres
Property ID
US82-3467949
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- The Kiwanis Club of Abilene / Volunteer Organization / Charitable Organization
- Big Country Soccer Association / Sports School / Sports Field & Court
- Texas EMS School / Training Center
- EMOT Federal Credit Union / Credit Union
- MedCollect Financial / Consultant
Property Details for 473 Cypress St
- Year built
- 1954
- Lot size
- 0.16 lot acres
- Property size
- 14,000 SF
- Property type
- Commercial real estate
- APN
- 70100030500
- APU
- 70100030500
Description
This exceptional two-story office building, located at 473 Cypress Street in Abilene, Texas, presents a unique investment opportunity. Spanning 14,000 square feet on a 0.15-acre lot, this fully leased property boasts a prime location in the heart of Abilene's historic downtown, just steps from the Abilene Convention Center, the First Financial building, and the new DoubleTree by Hilton hotel. Built in 1954, the building retains its historic charm with meticulously maintained features, including iconic terrazzo floors in the common areas. The property offers 24 private offices, two conference rooms, three classrooms, and three breakrooms, along with full-service bathrooms on both floors. Its strategic corner location at Cypress and North 5th streets offers unparalleled visibility and benefits from the city's planned expansion of Cypress Street. Currently fully leased, this property provides immediate income and significant value-add potential for investors seeking to capitalize on Abilene's thriving market. The asking price is $875,000, representing a price per square foot of $62.50. This is a rare chance to acquire a piece of Abilene's rich heritage while enjoying modern functionality and a strong return on investment. The property's zip code is 79601.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- ML approach
- $420,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $681,000
Market price range: $567k - $2.10M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Abilene
- County
- Taylor
- State
- Texas
- Longitude
- -99.7335
- Latitude
- 32.4535
- CBSA code
- 10180
- CBSA name
- ABILENE, TX METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$9,084
$59,063
$335,032
$394,095
-
$59,063
$335,032
$394,095
