28 Poverty Point Cir, Abilene, TX, 79601
About This Home
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!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Resale
- Year built: 1955
Materials
- Foundation: Pillar/Post/Pier
- Roof: Composition
- Construction materials: Vinyl Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Other
- Property subType: Single Family Residence
Interior
Appliances
- Laundry features: Washer Hookup,Dryer Hookup,ElectricDryer Hookup,Laundry in Utility Room,Other,Stacked
Bedroom
- Features: Walk-In Closet(s)
- Level: First
- Dimensions: 14 x 9
Bedroom
- Level: Second
- Dimensions: 15 x 9
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Features
- Built-in Features,Decorative/Designer Lighting Fixtures,Eat-in Kitchen,High Speed Internet,Open Floorplan,Cable TV,Walk-In Closet(s)
- Flooring: Vinyl
- Number of fireplaces: 1
- Fireplace features: Insert,Masonry,Wood Burning Stove
- Fireplace: Yes
Heating & Cooling
- Heating features: Electric,Other
- Cooling features: Ceiling Fan(s),Electric,Other,Wall Unit(s)
Interior Area
- Total interior livable area: 2,044 sqft
Kitchen
- Features: Built-in Features,Eat-in Kitchen
- Level: First
- Dimensions: 13 x 8
Laundry
- Features: Other
- Level: First
- Dimensions: 9 x 5
Living Room
- Features: Ceiling Fan(s),Fireplace
- Level: First
- Dimensions: 27 x 20
Master Bathroom
- Level: Second
- Dimensions: 9 x 5
Master Bedroom
- Features: Closet Cabinetry,Walk-In Closet(s)
- Level: Second
- Dimensions: 17 x 14
Other
- Features: Built-in Features,Linen Closet
- Level: First
- Dimensions: 9 x 8
Property
Details
- Parcel number: R23110
- Attached to another structure: Yes
Features
- Levels: Two
- Stories: 2
- Pool features: None
- Patio & porch: Deck,Other
- Exterior features: Other
- Fencing: Other,Partial
- On waterfront: Yes
- Waterfront features: Boat Dock/Slip,Lake Front
Lot
- Lot size: 0.84 Acres
Parking
- Total spaces: 6
- Parking features: Additional Parking,Concrete,Carport,Boat,RV Access/Parking
- Has garage: Yes
- Attached garage spaces: 3
- Covered spaces: 6
- Carport: Yes
- Carport spaces: 3
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hail
- Drought
- Inland Flooding
- Strong Wind
- Tornado
- Wildfire
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Texas Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,012 | $24,144 |
| Home Insurance * | $411 | $4,932 |
| Property Taxes | $300 | $3,600 |
| Electricity | $238 | $2,859 |
| Total | $2,961 | $35,532 |
Income You'd Need if You Spent...
Texas FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-15 | Price change | $349,850 |
| 2026-07-29 | Price change | $398,000 |
| 2026-07-13 | Price change | $449,750 |
| 2026-05-31 | Listed for sale | $475,000 |
| 2026-01-13 | Sold | -- |
For Sale by Agent
View on Zillow