Escape to this beautiful 2-bedroom, 2-bath lake house perfectly situated on the deep-water end of Lake Ft. Phantom. Enjoy stunning lake views from a thoughtfully designed interior featuring modern finishes and an inviting open layout. Updated with sculpted porcelain tile throughout. Built in China hutch in dining room. Relax in the luxurious jacuzzi tub after a day on the water, or unwind on the patio as the sun sets over the lake. Beautiful rocked fireplace and crown molding throughout living area. This property also includes a large spacious storage room attached with electricity, ideal for lake gear or workshop space. Perfect as a full-time residence or weekend getaway!
For sale
Price cut: $25K (6/22)
$625,000
48 Poverty Point Cir, Abilene, TX 79601
2beds
1,560sqft
Single Family Residence
Built in 1974
0.87 Acres Lot
$-- Zestimate®
$401/sqft
$-- HOA
What's special
Rocked fireplaceModern finishesThoughtfully designed interiorBuilt in china hutchStunning lake viewsLuxurious jacuzzi tubCrown molding
- 256 days |
- 292 |
- 9 |
Zillow last checked:
Listing updated:
Listed by:
Patricia Knight 0292216 325-695-8000,
Better Homes & Gardens Real Estate Senter, REALTORS 325-695-8000
Source: NTREIS,MLS#: 21093768
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: First
- Dimensions: 0 x 0
Primary bedroom
- Level: First
- Dimensions: 0 x 0
Dining room
- Level: First
- Dimensions: 0 x 0
Other
- Features: Built-in Features
- Level: First
- Dimensions: 0 x 0
Other
- Features: Built-in Features, Jetted Tub
- Level: First
- Dimensions: 0 x 0
Kitchen
- Features: Breakfast Bar, Built-in Features, Granite Counters, Kitchen Island, Pantry
- Level: First
- Dimensions: 0 x 0
Living room
- Features: Built-in Features, Ceiling Fan(s), Fireplace
- Level: First
- Dimensions: 0 x 0
Utility room
- Features: Built-in Features, Dual Sinks, Utility Room, Utility Sink
- Level: First
- Dimensions: 0 x 0
Heating
- Central, Electric, Heat Pump
Cooling
- Central Air, Ceiling Fan(s), Electric, Heat Pump
Appliances
- Included: Convection Oven, Dishwasher, Electric Cooktop, Electric Oven, Disposal, Microwave, Vented Exhaust Fan
- Laundry: Washer Hookup, Electric Dryer Hookup, Laundry in Utility Room
Features
- Built-in Features, Granite Counters, Kitchen Island, Open Floorplan, Pantry, Wired for Sound
- Flooring: Tile
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Family Room, Masonry, Stone, Wood Burning
Interior area
- Total interior livable area: 1,560 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Attached Carport, Driveway, Electric Gate, Gated, Storage
- Carport spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Rear Porch, Covered
- Exterior features: Dock, Rain Gutters, Storage
- Pool features: None
- Fencing: Fenced,Full,Front Yard,Wood,Wrought Iron
- On waterfront: Yes
- Waterfront features: Boat Dock/Slip, Lake Front
Lot
- Size: 0.87 Acres
- Features: Interior Lot, Landscaped, Few Trees, Retaining Wall
Details
- Additional structures: Storage, Workshop
- Parcel number: 25736
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Detached
- Property subtype: Single Family Residence
- Attached to another structure: Yes
Materials
- Foundation: Slab
- Roof: Metal
Condition
- Year built: 1974
Utilities & green energy
- Sewer: Septic Tank
- Utilities for property: Electricity Connected, Septic Available, Separate Meters, Water Available
Community & HOA
Community
- Security: Security Gate, Smoke Detector(s)
- Subdivision: Ft Phanton Hill
HOA
- Has HOA: No
Location
- Region: Abilene
Financial & listing details
- Price per square foot: $401/sqft
- Tax assessed value: $339,030
- Annual tax amount: $2,192
- Date on market: 10/23/2025
- Cumulative days on market: 258 days
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/22/2026 | Price change | $625,000-3.8%$401/sqft |
Source: NTREIS #21093768 Report a problem | ||
| 1/17/2026 | Price change | $650,000+8.5%$417/sqft |
Source: NTREIS #21093768 Report a problem | ||
| 12/8/2025 | Price change | $599,000+14.1%$384/sqft |
Source: NTREIS #21093768 Report a problem | ||
| 10/23/2025 | Listed for sale | $525,000$337/sqft |
Source: NTREIS #21093768 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,192 +4.6% | $302,970 +10% |
| 2024 | $2,096 +7.6% | $275,430 +10% |
| 2023 | $1,948 -0.1% | $250,390 +10% |
| 2022 | $1,951 | $227,630 +3.9% |
| 2021 | -- | $219,110 +7.8% |
| 2020 | -- | $203,280 +11.6% |
| 2018 | -- | $182,170 +12.4% |
| 2017 | -- | $162,130 +17.4% |
| 2016 | -- | $138,090 |
| 2015 | -- | $138,090 +2.8% |
| 2014 | -- | $134,320 |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | -- | -- |
| 2008 | -- | -- |
| 2007 | -- | $57,486 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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: Fort Phantom
Nearby schools
GreatSchools rating
- 5/10Taylor Elementary SchoolGrades: K-5Distance: 10.4 mi
- 5/10Craig Middle SchoolGrades: 6-8Distance: 11.7 mi
- 5/10Abilene High SchoolGrades: 9-12Distance: 11.7 mi
Schools provided by the listing agent
- Elementary: Taylor
- Middle: Craig
- High: Abilene
- District: Abilene ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Texas
- Jones County
- Abilene
- 79601
- Fort Phantom
- 48 Poverty Point Cir
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Nearby neighborhoods
Nearby zip codes
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