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For sale by owner
  • $139,900

    150 Merchant St, Abilene, TX 79603

    4beds
    2,146sqft
    : 
    $1,066/mo
    Get pre-qualified
    MultiFamily
    Built in 1905
    -- sqft lot
    $-- Zestimate®
    $65/sqft
    $-- HOA

    What's special

    New fencingNew windowsExceptional storage and workspaceNew roof
    Historic 4-Bedroom Home on Two City Lots – Finish It Your Way! Imagine restoring one of Abilene's classic historic homes into the home you've always wanted. This spacious 4-bedroom, 2-bath home offers approximately 2,146 square feet of living space on two platted city lots (Lots 7 & 8) totaling approximately 0.33 acres. Many of the most expensive improvements have already been completed, allowing the next owner to focus on customizing the interior to match their own style and taste. Major Improvements Already Completed ? New roof ? Foundation repair and leveling ? Water service and PEX water supply upgrades ? New windows ? New fencing Rather than paying premium prices for someone else's remodel, this home gives you the opportunity to choose your own kitchen, flooring, paint colors, bathrooms, fixtures, and finishes while building equity along the way. The property also features a large detached steel 3-car garage/workshop with electrical service and plumbing connections. The building provides exceptional storage and workspace and may offer future opportunities for additional living space while still maintaining garage parking, subject to buyer verification, permits, and city approval. Located on two platted city lots with MF (Multi-Family) zoning, the property offers flexibility for future use while remaining an outstanding choice for someone seeking a unique historic residence. Whether you complete the remaining renovations yourself or hire a contractor, you'll have the opportunity to create a truly one-of-a-kind home in one of Abilene's historic neighborhoods. Property Features 4 Bedrooms 2 Bathrooms Approx. 2,146 Sq. Ft. Two Platted City Lots (Lots 7 & 8) Approx. 0.33 Acres Detached Steel 3-Car Garage & Workshop Electrical Service & Plumbing Connections in Workshop Historic Overlay District MF (Multi-Family) Zoning New Roof Foundation Repair Completed Water Service & PEX Water Supply Upgrades New Windows New Fencing Property is being sold As-Is. Seller prefers direct purchasers prepared to close. Proof of funds or lender pre-approval should accompany offers. Assignment contracts, listing partnerships, and third-party marketing arrangements will not be considered.
    What the owner loves about this home
    What I love most is the opportunity this home offers. Many of the biggest and most expensive improvements have already been completed, including a new roof, foundation repair and leveling, new siding, new windows, new fencing, and water service/PEX water supply upgrades. Instead of paying a premium for someone else's remodel, you can finish the interior exactly the way you want. I also love that the home sits on two platted city lots (Lots 7 & 8) with MF zoning, something that's becoming harder to find. The detached steel 3-car garage/workshop is another favorite feature. It has electrical service and plumbing connections and offers outstanding space for vehicles, hobbies, storage, or projects. It may also provide future potential for a home office, guest suite, or studio apartment while still retaining garage space, subject to City approval. Being located in Abilene's Historic Overlay District gives the property unique character, and according to the City, owners may qualify for historic preservation tax reductions for certain repairs and maintenance while helping preserve the neighborhood's historic charm. Buyers should verify eligibility and Historic Overlay requirements with the City. The best part is that you can create a home that's truly your own by choosing your own kitchen, bathrooms, flooring, colors, and finishes while building equity along the way.
    65 days
    1,237
    69
    Listed by:

    Property Owner (480) 580-2384

    This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Other
      Cooling
      • Central
      Appliances
      • Included: Range / Oven
      Features
      • Flooring: Hardwood
      • Basement: None
      • Has fireplace: Yes
      Interior area
      • Total interior livable area: 2,146 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage - Detached
      Features
      • Exterior features: Wood, Brick
      Lot
      • Size: 0.32 Acres
      Details
      • Parcel number: 85100002700

      Construction

      Type & style
      • Home type: MultiFamily
      Materials
      • Roof: Asphalt
      Condition
      • New construction: No
      • Year built: 1905

      Community & HOA

      Location
      • Region: Abilene

      Financial & listing details

      • Price per square foot: $65/sqft
      • Tax assessed value: $116,598
      • Annual tax amount: $2,443
      • Date on market: 6/30/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,312/mo

        Price history

        DateEventPrice
        6/30/2026Listed for sale$139,900+11.9%$65/sqft
        Source: Owner Report a problem
        6/25/2024Listing removed$125,000$58/sqft
        Source: NTREIS #20490972 Report a problem
        12/7/2023Price change$125,000-10.7%$58/sqft
        Source: NTREIS #20490972 Report a problem
        11/24/2023Listed for sale$140,000-3.4%$65/sqft
        Source: Owner Report a problem
        11/9/2023Listing removed--
        Source: Owner Report a problem
        10/24/2023Price change$145,000-2.7%$68/sqft
        Source: Owner Report a problem
        8/29/2023Price change$149,000-2.3%$69/sqft
        Source: Owner Report a problem
        8/12/2023Price change$152,500-4.1%$71/sqft
        Source: Owner Report a problem
        7/21/2023Price change$159,000-2.5%$74/sqft
        Source: Owner Report a problem
        6/29/2023Price change$163,000-1.2%$76/sqft
        Source: Owner Report a problem
        6/11/2023Price change$165,000-2.4%$77/sqft
        Source: Owner Report a problem
        5/12/2023Price change$169,000-6.1%$79/sqft
        Source: Owner Report a problem
        4/12/2023Price change$179,900-2.7%$84/sqft
        Source: Owner Report a problem
        4/3/2023Price change$184,900-5.2%$86/sqft
        Source: Owner Report a problem
        3/20/2023Price change$195,000-7.1%$91/sqft
        Source: Owner Report a problem
        3/8/2023Listed for sale$210,000+110%$98/sqft
        Source: Owner Report a problem
        9/1/2022Listing removed--
        Source: Owner Report a problem
        8/24/2022Listed for sale$100,000+100.4%$47/sqft
        Source: Owner Report a problem
        7/13/2013Listing removed$49,900$23/sqft
        Source: Dalzell, REALTORS (S. Danville) #11956606 Report a problem
        5/24/2013Price change$49,900-3.9%$23/sqft
        Source: Hubzu #11872247 Report a problem
        5/16/2013Price change$51,900-9.7%$24/sqft
        Source: Hubzu #11872247 Report a problem
        4/19/2013Price change$57,500-8.3%$27/sqft
        Source: Hubzu #11872247 Report a problem
        3/21/2013Price change$62,700-4.9%$29/sqft
        Source: Hubzu #11872247 Report a problem
        1/29/2013Listed for sale$65,900$31/sqft
        Source: Hubzu #11872247 Report a problem
        10/8/2012Sold--
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,443 +11.8%$116,598 +12.6%
        2024$2,184 +10.3%$103,569 +9.6%
        2023$1,979 +8.2%$94,533 +18.3%
        2022$1,829 $79,911 +25.4%
        2021-- $63,745 +7.1%
        2020$1,405 +1.5%$59,520 +3%
        2019$1,384 +10.7%$57,759 +2.4%
        2018$1,251 $56,410 +0.2%
        2017$1,251 +9.3%$56,307 +4.1%
        2016$1,144 +6.5%$54,071 +1.7%
        2015$1,075 $53,184 +1.1%
        2014$1,075 $52,590 -52.6%
        2013-- $110,991 +0.5%
        2012-- $110,466
        2011-- $110,466 +0.1%
        2010-- $110,367 +0.5%
        2009-- $109,845
        2008-- $109,845 +0.2%
        2007-- $109,653 +18.2%
        2006-- $92,780 +12.3%
        2005-- $82,595 +1%
        2004-- $81,768 +2.1%
        2003-- $80,115 -8.7%
        2002-- $87,762 +108.1%
        2001-- $42,175
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Cobb Park

        Getting around

        62 / 100
        Somewhat Walkable
        50 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: JOHNSTON
        • Middle: Craig
        • High: ABILENE
        • District: Abilene ISD

        Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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