Active
4 units1,492 sqft
Cost to live here
$1,009/mo
Income to qualify: about $28,000 a year
At 20% down, 30-year fixed. From 5% down.
$120,000•Quadplex
1109 S 14th Street, Abilene, TX 79602
3725 Patty Lynne Street, Abilene, TX 79606
Active
Listed 127 days agoOwner-Occupant Eligible
About $1,342 a month to live here, after the rent from the other homes.
Quadplex4,096 sqft8 beds8 bathsListed Jul 8, 2026
A fourplex. Live in one home and rent out the other three. How it works
Live here for about
$1,342a month
The other homes rent for $5,460. We hold back $983 of that for repairs and an empty month, and the rest goes toward a $5,819 monthly payment.
Income to qualify: about $113,000 a year
With how much down?
At 20% down ($166,000) and 6.0%, 30-year fixed. Your rate and down payment change this.
Get rich slow: keep this loan ten years and the payments pay off about $108,000 of it. See the ten-year math
How we work this out
The cost to live here is the loan payment, taxes, insurance and any dues, less the rent, with a little held back for repairs and an empty month. Income to qualify uses a 43% debt-to-income limit, counts 75% of the rent, and none of your other debts.
$41,500 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own
ABOUT THIS HOME
NEW ROOF! Welcome to 3725-3737 Patty Lynne, a well-maintained four-unit townhome-style multifamily property in South Abilene offering a combination of current income, recent updates, and future potential. Built in 1984, this investment property features four two-story units, each offering approximately 1,024 square feet with 2 bedrooms, 1.5 bathrooms, private entrances, and an attached one-car garage. Three of the four units have been updated between 2022 and 2023 with modern finishes, while one unit offers an opportunity for future improvements. Two units have successfully operated as furnished rentals, providing flexibility for a variety of rental strategies. Spacious floor plans include comfortable living areas, functional kitchens, dedicated laundry areas, and electric fireplaces in the remodeled units. The property is currently 75% occupied, with one remodeled, fully furnished unit available for immediate lease-up or owner-selected tenancy. Current gross scheduled rental income is based on the existing rent schedule, with additional potential through future management of the below-market unit. Conveniently located near shopping, dining, schools, and major employers, this multifamily property offers investors the opportunity to acquire a townhome-style asset in an established South Abilene neighborhood. Rent roll, operating information, and additional property details are available upon request.
Quadplex
Property Type
13,068 sqft
Lot Size
1984
Year Built
Listing Date: 07/08/2026
Listed by: Brandi Smith
Listing office: RE/MAX Big Country
Source: NTREIS #21324651
Series Homes is committed to full compliance with the Fair Housing Act and the Equal Credit Opportunity Act.
CHOOSE YOUR UNIT
Tap the one you would live in. The rest pay rent, and that rent comes off your monthly cost.
If someone lives in the unit you want, or a lease comes with the home, ask how moving in works on this one.
CHECK OUR MATHEvery line of the monthly cost is in here. Change the price or the down payment and watch it move.
OFFER PRICE
Change your offer and watch the monthly cost move.
Purchase Price
-15%
$830,000
+15%List Price
FINANCIALS
How much do you want to put down?
Purchase price$830,000
Your Down Payment$166,000
Financed$664,000
Estimated Monthly Payment$5,819
Before rent: principal and interest at 6.0% on a 30-year fixed loan, taxes, insurance and any HOA dues. Your rate and down payment change this.
MONTHLY BREAKDOWN
Estimate at 20% down ($166,000) and 6.0%, 30-year fixed. Your rate and down payment change this.
Estimated Monthly Payment (Before Rental Income)
$5,819/month
Principal + Interest
$3,981Property Taxes
$1,128Home Insurance
$710Rental Income (3 Units)
$5,460/month
From the listing description.
Rental Expenses
-$983Cost to live hereCost to live here, after rent
$1,342/month
Payment estimates shown by Series are illustrative only. Final loan terms, monthly payments, and eligibility will be determined by your mortgage loan originator.
LOCATION
BEFORE YOU OFFER
Now run it on your paycheck.
This page is priced at one down payment and one rate. Send the address and we run it at yours: what you would pay each month after rent, and which loan works on this home.
Free. No credit pull.
MLS# 21324651 · Listing office: RE/MAX Big Country
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the NTREIS Multiple Listing Service. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.
