tomo logo

$4,000,000

Beds
Unknown
sq ft
Unknown

2600 Ivanhoe Ln, Abilene, TX 79605

2600 Ivanhoe Ln

Abilene, TX 79605

  • 20 days on market
Brookhollow Garden Apartments is an exceptional investment opportunity in Abilene, TX – home to President Trump’s first, multibillion dollar Startgate AI Initiative along with Dyess AFB and six colleges. This 44-unit complex shaded by mature live oak trees was built in 1964 and consists of 6 buildings with a distinctive mid-century design and leasable improvements totaling 41,716 SF. All units are oversized and have dedicated covered parking spaces with secure storage. This property offers significant upside potential and could be maintained as a leased multifamily development or converted to condominiums to take advantage of the consistent appeal of the surrounding, stable neighborhood. Abilene's economy is driven by its role as a medical hub, status as a regional banking center, and center for higher education with six colleges: Abilene Christian University, Hardin-Simmons University, McMurry University, Texas Tech Health Science Center, Cisco Junior College, & Texas State Technical College Abilene is also home to Dyess AFB and its 3 missions - the B1, the C130 and the soon-to-arrive B21 mission. The varied streams of outside dollars from institutional sources keep Abilene's economy well-ruddered and stable.

Details

Property type

Apartment

Lot size

3.76 acres

Price per sq ft

Unknown

Year built

1964

Annual property taxes

$50,637

Price History

02/04/2025
NTREIS

NTREIS #20835911

Listed
$4,000,000

Schools & Community

Neighborhood: 

River Oaks/Brookhollow

Elementary school: 

Austin

Middle school: 

Mann

High school: 

Abilene

School district: 

Abilene ISD

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

First National Bank Of Baird

Loan start date

January 2011

Original loan amount

$1,400,000

Est. remaining balance

$0

Interest rate

4.4%

Loan type

Not Provided, 5 year

Seller

Hpa Brookhollow Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 02/25/2025 at 3:20 PM

Listing updated: 02/05/2025 at 3:13 AM

Listed by: John Hill, Barnett & Hill Phone #: (325) 677-3500

MLS: NTREIS #20835911

NTREIS logo

Recently listed in Abilene

$439,000|3 bd|2.0 ba|House
$214,900|3 bd|2.0 ba|House
$149,900|3 bd|1.0 ba|House
$289,000|4 bd|3.0 ba|House
$155,000|3 bd|2.0 ba|House
$227,000|3 bd|2.0 ba|House
$126,500|3 bd|1.0 ba|House
$120,000|3 bd|1.0 ba|House
$190,000|3 bd|2.0 ba|House