Active Option Contract

36 Poverty Point Circle

Abilene, Texas 79601
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Bed 3

Bed

Bath 3

Bath

SqFt2,258

Sqft

Acres0.99

Acre(Lot)

LOCATION! LOCATION! LOCATION! Lakefront opportunity with serious potential on Fort Phantom Lake. If you’ve been waiting for a lake property with incredible potential in an unbeatable spot, this is it. Just minutes from Abilene, Dyess AFB, local colleges, data centers, and major growth areas, you truly can’t beat this location. Inside, you’ll find a spacious layout with two dining areas, oversized living space, and a woodburning fireplace with blower. The kitchen offers wood cabinetry and updated appliances. Across the back of the home, a large sunroom and enclosed side porch overlook the lake, offering endless potential to create your dream space to relax and take in the views. The 3 bedroom, 3 bathroom floorplan gives you flexibility with split bedrooms downstairs, plus a large u pstairs bedroom with its own bath, vaulted wood ceilings, and a walk out balcony overlooking the water. Perfect for a second primary suite or private guest retreat. Set on a large lot just shy of an acre with mature oak trees, circular driveway, garage, carport, and covered walkway, the bones are here for something really special. There is also a large shop with boat storage and direct lake access, plus a storm cellar, making it ideal for lake life, weekend escapes, or a future income producing Airbnb. Outside is where this property really shines. Gentle slope to the water, great frontage, and deep water access. Whether you enjoy fishing, kayaking, or just soaking up lake life, this property is ready for all your lake adventures. Sold AS IS and does need work, but the upside here is huge. This is a rare chance to grab lakefront property in a highly convenient location and make it your own.

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Detail Ic Property Details

Property Type : Residential

Price : $275,000

AD Id : 76931335

MLS Id : 556496697

Beds : 3

Lot Size : 0.99 Acre

Living Area Size : 2,258

Year Built : 1974

Garage : 1

County : Jones

Subdivision: Shannon Crk Ph 3a

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Bedroom Information

    Total Bedrooms: 3 Window Features: Window Coverings

    Bathroom Information

    Total Baths: 3 Full Baths: 3 Half Baths: 0
  • Interior Features

    Built-in Features,Cathedral Ceiling(s),Double Vanity,Natural Woodwork,Paneling,Walk-In Closet(s),Second Primary Bedroom

    Appliances

    Dishwasher,Electric Range,Microwave

    Utilities

    Electricity Connected,Individual Water Meter,Septic
  • Cooling Features

    Ceiling Fan(s),Central Air,Electric,Zoned

    Heating Source

    Central,Fireplace Insert,Zoned

    Fireplace

    Number of Fireplaces: 1 Fireplace Features: Wood Burning

  • Building Information

    Built Year: 1974 Construction: Rock/Stone,Siding,Wood Roof Type: Composition Has Basement
  • Exterior Features

    Balcony,Covered Patio/Porch,Dock,Storage
  • Laundry Features

    Electric Dryer Hookup,Utility Room,Full Size W/D Area,Dryer Hookup

    Patio And Porch

    Front Porch,Glass Enclosed,Patio,Rear Porch,Side Porch,Other

    Construction Materials

    Rock/Stone,Siding,Wood

  • Lot Information

    Lot Size (Acr): 0.9930 Lot Size Units: Acres Lot Size Square Feet: 43,255 Lot Size Source: Assessor Lot Features: Few Trees,Other,Sloped,Waterfront
  • Property Information

    SQ ft (Living Area): 2,258 Property Type: Residential Property Sub Type: Single Family Residence Subdivision: Ft Phantom Hill Sec 3 City: Abilene State: Texas Directions: Take East Lake Road out from HWY 351. Left onto Poverty Point Property Status: Active Levels: One and One Half Property Age: 52 Year Built Details: Preowned

  • Listing Price Information

    Original List Price: $275,000 List Price Tot SqFt: $122
  • Listing Information

    Possession: Closing/Funding

  • Tax Information

    Parcel Number: R11655 Tax Block: A Tax Legal Description: FT PHANTOM HILL SECT. 3 BLOCK A LOT 12 Tax Lot: 36 Unexempt Taxes: $6,506

  • Parking Information

    Has Garage Garage Space: 1 Carport Spaces: 1 Parking Features: Additional Parking,Boat,Carport,Circular Driveway,Covered,Driveway,Garage,Garage Faces Front,Storage
  • Homeowners Association Information

    HOA Type: None

  • School Information

    Elementary School: Taylor Middle School: Craig High School: Abilene School District: Abilene ISD
  • Utility Information

    Utilities: Electricity Connected,Individual Water Meter,Septic
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
6420 County Road 137, Abilene, TX, 79601 $300,000 3 1 872 872 SqFt
1147 County Road 150, Abilene, TX, 79601 $241,900 3 2 1,360 1,360 SqFt
20326 County Road 304, Abilene, TX, 79601 $399,999 3 2 1,904 1,904 SqFt
13052 County Road 348, Abilene, TX, 79601 $555,000 3 3 2,455 2,455 SqFt
28 Poverty Point Circle, Abilene, TX, 79601 $449,750 3 2 2,044 2,044 SqFt
542 County Road 505, Abilene, TX, 79601 $599,900 4 2 2,228 2,228 SqFt
48 Poverty Point Cr, Abilene, TX, 79601 $575,000 2 2 1,560 1,560 SqFt
5151 S Fm 600, Abilene, TX, 79601 $205,000 3 2 1,116 1,116 SqFt
236 War Paint Road, Abilene, TX, 79601 $278,000 3 1 1,211 1,211 SqFt
9732 Cove Road, Abilene, TX, 79601 $435,000 3 2 1,759 1,759 SqFt
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Disclosure: Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2026. All rights reserved

ByOwner last updated this listing 07/18/2026 @ 15:58

MLS: 556496697 LISTED BY: Amber Sanders, Sendero Properties, LLC 800-257-1242 SOURCE: NTREIS - North Texas Real Estate Information

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