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For sale by owner
  • $139,900

    150 Merchant St, Abilene, TX 79603

    4beds
    2,146sqft
    : 
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    MultiFamily
    Built in 1905
    -- sqft lot
    $-- Zestimate®
    $65/sqft
    $-- HOA

    What's special

    New fencingNew windowsHardwood floorsSpacious roomsComplete roof replacement
    Historic Home on Two Platted Lots | MF Zoning | Detached 3-Car Workshop $139,900 Situated on two platted city lots (Lots 7 & 8) totaling approximately 0.33 acres, this rare historic property offers MF (Multi-Family) zoning, a detached steel 3-car workshop with electrical service and plumbing connections, and over $40,000 in major documented improvements already completed. Rare Abilene opportunity: historic 4BR/2BA home situated on two platted city lots, Lots 7 & 8, totaling approximately 0.33 acres with MF zoning. Property includes a detached steel 3-car garage/workshop with electrical and plumbing connections, plus major improvements already completed including roof replacement, foundation repair, water supply/PEX plumbing upgrades, new windows, and fencing. This 4-bedroom, 2-bath home features approximately 2,146 square feet of living space situated on a large 14,000 square foot property. Significant capital improvements have already been completed, allowing the next owner to focus on renovation and customization rather than major infrastructure expenses. Major Improvements Completed 20222023 Complete roof replacement Foundation repair and leveling New PEX plumbing supply to house New windows New fencing One of the property's standout features is the detached steel 3-car garage/workshop, complete with electrical service and plumbing. The building offers excellent space for contractors, mechanics, hobbyists, storage, equipment, home-based businesses, or future conversion possibilities subject to city approval. In addition to the home and workshop, the property includes an additional zoned lot, creating exceptional flexibility for future development, expansion, investment, or income-producing opportunities. The home retains much of its original character, including hardwood floors, spacious rooms, and the charm expected from a historic Texas property. While additional renovation and finishing work remain, many of the most expensive structural and mechanical upgrades have already been completed. Property Features 4 Bedrooms / 2 Bathrooms Approx. 2,146 Sq Ft Two Platted City Lots: Lots 7 & 8 Approx. 0.33 Acres MF Zoning Detached Steel 3-Car Garage/Workshop Workshop with Electrical & Plumbing Connections New Roof Foundation Repair Completed Water Supply / PEX Plumbing Upgrades New Windows New Fencing Historic Overlay District Sold As-Is Taylor CAD map included in photos shows Lots 7 & 8, 0.33 acres, and the layout of the home and detached workshop. Property is available for purchase by qualified buyers. Seller is not interested in listing partnerships, assignment contracts, or third-party marketing arrangements. Property is being sold As-Is. Seller prefers direct purchasers prepared to close. Proof of funds or lender pre-approval should accompany offers. Whether you're an investor, developer, contractor, entrepreneur, or homeowner looking for a property with upside, this unique Abilene opportunity offers multiple possibilities and substantial value already invested in major improvements.
    What the owner loves about this home
    Rare historic Abilene property on two platted city lots with MF zoning, a detached steel 3-car workshop, and major improvements already completed. Great opportunity for an owner-occupant, contractor, investor, or buyer wanting space, character, and future upside. MF zoning, Lots 7 & 8, workshop, roof, foundation, windows, fencing, and water supply/PEX upgrades.
    11 days
    |
    1,115
    |
    59
    |
    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: No
      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

        $2,214/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.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        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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