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200 N Jefferson Street

Other - Not in list, TX 79603
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For Sale
Under Contract - OP
Multi-Family

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Description

Jefferson Square Apartments is a 40-unit multifamily property located at 200 N. Jefferson in Abilene, with convenient access to Highway 277 and Interstate 20. The property is approximately 90% occupied and generates a current monthly rent roll of approximately $30,976, providing immediate cash flow with additional upside through lease-up and rent growth. Current average occupied rents are approximately $860 per unit, well below market averages, creating an opportunity to increase revenue through operational improvements and rent normalization. Strong market fundamentals, population growth, expanding employment opportunities, and continued investment in the Abilene area support long-term demand for workforce housing. Jefferson Square offers investors a stabilized asset with current income.

MLS#
AARTX-26-4681
List Price
$2,775,000
Listing Status
Under Contract - OP
Address
200 N Jefferson Street
City
Other - Not in list
State
TX
Zip Code
79603
County
Taylor County
Legal Description
200 N JEFFERSON DR TX PARK PLAZA SEC 1, BLOCK H, LOT 242 REP CONT 300 N JEFFERSON DR TX PARK PLAZA SEC 1, BLOCK H, LO
Property Type
Multi-Family
Year Built
1976 /Appraisal District

Exterior

Dock
Yes

Lot Information

Lot Size
Lot Acres /Appraisal District
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy
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Information source

Amarillo Association of REALTORS®
Source last updated Jun 14, 2026 at 02:38 AM
Listing last updated Jun 09, 2026 at 06:01 AM
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Cost/Sqft based on tax value

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Estimated Monthly Payments

DOWN PAYMENT
Loan Term
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Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Assigned schools

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Notice & Disclaimer
School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.

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