Price Reduction - Waterfront - Seller Financing
Address
28 Poverty Point Circle, Abilene, TX
Price
$ 349,850
Property Attributes
- MLS#21282369
- TypeSingle Family
- Listing Status Active
- CountyJONES
- CityAbilene
- NeighborhoodFort Phantom Hill Lake Sec 3
- Zip79601
- Style
- Year Built1955
- Taxes$ 5969
- Price$ 349,850
- Bedrooms3
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage2044
- Lot Size0.836 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description
NEW PRICE, SAME INCREDIBLE OPPORTUNITY to this Fort Phantom Waterfront Retreat! Experience lakefront living at its best in this thoughtfully updated 3-bedroom, 2-bath home offering 2,044 (Jones County Appraisal District) square feet of comfortable living space. Nestled along the shores of Fort Phantom Lake, this unique two-story property features a striking spiral staircase, spacious living areas, and modern updates that blend style with functionality. Enjoy stunning lake views, abundant natural light, and room to relax or entertain. The versatile shop-barn provides exceptional flexibility—perfect for a home-based business, workshop, hobby space, boat storage, or recreational vehicle storage. Whether you’re looking for a full-time residence, weekend getaway, or a property with room for your toys and projects, this one-of-a-kind waterfront opportunity delivers space, character, and endless possibilities. HIGHLIGHTS INCLUDE...but not limited to: ** Direct Fort Phantom Lake frontage ** 3 Bedrooms - 2 Bathrooms ** 2,044 SF of updated living space (Jones County Appraisal District-Please Verify) ** Eye-catching, showpiece spiral staircase ** Two-story floor plan ** Large multi-purpose shop-barn with abundant storage WAKE UP TO THE WATER and enjoy the lifestyle you've dreamed about!
| Elementary School |
|---|
| Taylor Elementary School |
| Price History | |
|---|---|
| 5/31/2026 | Listed $475,000 |
| 7/13/2026 | 6$449,750 |
| 7/29/2026 | 12$398,000 |
| 8/15/2026 | 13$349,850 |
General Features
| Heating | Electric,Other |
|---|---|
| Cooling | Ceiling Fan(s),Electric,Wall Unit(s),Other |
| Utilities | All Weather Road,Asphalt,City Sewer,City Water |
| Possession | Closing/Funding,Negotiable |
| Roof | Composition |
| Appliances | None |
| Easements | Other |
| Number of Garage Spaces | 3 |
| Restrictions | Deed,Development |
| School District | Abilene ISD |
| Year Built | 1955 |
| Architectural Style | Other |
| Community Features | Boat Ramp,Campground,Lake |
| Levels | Two |
| Unexempt Taxes | 5969 |
| Will Subdivide | No |
| Property Subtype | Single Family Residence |
| Subdivision Name | Fort Phantom Hill Lake Sec 3 |
| Transaction Type | For Sale |
| Occupant Type | Vacant |
| Carport Spaces | 3 |
| County | Jones |
| Property Type | Residential |
| Construction Materials | Vinyl Siding |
| Year Built Details | Preowned |
| Accessory Unit Y/N | No |
| HOA Type | None |
| Special Notes | Aerial Photo,Deed Restrictions,Other |
| Full Baths | 2 |
| Status | Active |
| Directions | East Lake Road to Poverty Point,Home on the Right |
| City | Abilene |
| Elementary School Name | Taylor |
| High School | Abilene |
| Elementary School | Taylor |
| Virtual Tour URL Unbranded | https://www.propertypanorama.com/instaview/ntreis/21282369 |
| Standard Status | Active |
| Listing Terms | Cash,Conventional,Owner Will Carry |
Interior Features
| Interior Features | Built-in Features,Cable TV Available,Decorative Lighting,Eat-in Kitchen,High Speed Internet Available,Open Floorplan,Walk-In Closet(s) |
|---|---|
| Flooring | Vinyl |
| Fireplace Features | Insert,Masonry,Wood Burning Stove |
| Fireplaces Total | 1 |
| Dining Areas | 1 |
| Living Areas | 1 |
| Room Count | 8 |
| Lock Box Type | Combo |
| Total Bedrooms | 3 |
| Total Baths | 2 |
| Laundry Features | Electric Dryer Hookup,Utility Room,Full Size W/D Area,Stacked W/D Area,Dryer Hookup,Washer Hookup,Other |
Exterior Features
| Waterfront | Yes |
|---|---|
| Exterior Features | RV/Boat Parking,Other |
| Fencing | Partial,Other |
| Soil Type | Unknown |
| Other Structures | Garage(s),RV/Boat Storage,See Remarks,Workshop,Other |
| Parking Features | Additional Parking,Carport,Concrete |
| WaterFront Features | Dock – Uncovered,Lake Front |
| Lot Size | .5 to < 1 Acre |
| Covered Spaces | 6 |
| Foundation | Pillar/Post/Pier |
| Lot Size Area | 0.8360 |
| Lot Size Units | Acres |
| Structural Style | Lake House |
| Garage Y/N | Yes |
| Lot Size Square Feet | 36416.1600 |
| Lot Size Acres | 0.8360 |
| Patio And Porch Features | Deck,Other |
| Attached Garage Y/N | Yes |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 79601
Price
Taxes
Year Built
Visits
© 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor M&D Real Estate - Forney shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The database information herein is provided from and copyrighted by the North Texas Real
