28 Poverty Point Circle

Abilene, TX
$ 349,850 Beds 3 Baths 2 Sq 2,044 Virtual Tour
Monthly Estimate* How much can I afford?

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!

Active

  • Price
  • $ 349,850
  • City
  • Abilene
  • Bedrooms
  • 3
  • Full Bathrooms
  • 2
  • County
  • JONES
  • Half Bathrooms
  • 0
  • Area
  • Lot Size
  • 0.836 Acres
  • Zip
  • 79601
  • Sqr Footage
  • 2,044
  • Year Built
  • 1955
  • Taxes
  • $ 5969
  • Style
  • MLS#
  • 21282369
Listed By: RE/MAX Trinity
Data Source: North Texas Real Estate Info Systems (NTREIS)

Features

General

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

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Waco, TX office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Taylor Elementary School
Middle School Unknown Middle School
High 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

Property vs Zip Code Average in 79601

Price
AVG $510K
$350K
Taxes
AVG $4,667
$5,969
Year Built
AVG 1990
1955
Visits
AVG 150
77
Data Provided by Inside Real Estate®

Areas That We Cover

28 Poverty Point Circle Abilene, TX is a Single Family Home for sale at $349850 with 2044 sqft and a lot size of 0.836 Acres Acre(s). 28 Poverty Point Circle Abilene has 3 bedrooms, 2 baths and was built in 1955. The property's zip code is 79601 which is in Abilene, TX

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.