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851 Iberis Rd S, Abilene, TX, 79606

1beds
2baths
5,000sqft
$829,000
$166price/sqft
$6,305/moest. monthly cost
$252,200/yrincome needed

About This Home

Step into this stunning Luxury Event Barn in south Abilene, Texas — a true showstopper built for unforgettable gatherings. With over 15,000 sq ft of solid concrete construction, this premium venue delivers elegance, versatility, and comfort for weddings, corporate events, private parties, and large celebrations. This exceptional luxury event barn features: 2,500 sq ft of covered outdoor entertaining space 2,500 sq ft of beautifully finished, heated & cooled interior, new 2023 HVAC system. 2,500 sq ft of fully insulated shop space The main gathering area boasts two restrooms, custom pool and shuffleboard tables, and secure storage. Guests will appreciate the whole-home reverse osmosis water system and the warmth of the wood-pellet burning stove. Outside, the fun continues with a playground and a fully equipped outdoor kitchen featuring a Yoder pellet grill and LeGriddle French-top propane griddle. Perfectly maintained and completely turn-key, this luxury event barn in Abilene is ready for you to start hosting immediately. Ideally located with easy access in south Abilene, it offers outstanding potential as a profitable venue or a spectacular private estate. Ready to own one of Abilene’s finest luxury event barns?

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
24
BikeSomewhat Bikeable

Schools

9/10
9/10
7/10
Wylie High SchoolGrades 9-123.6 mi

Construction

Condition

  • Year built: 2019

Type & Style

  • Home type: SingleFamily
  • Architectural style: Detached
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Gas Water Heater,Ice Maker

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 2
  • 1/2 bathrooms: 2

Features

  • Wet Bar,Vaulted Ceiling(s),Wired for Sound
  • Number of fireplaces: 1
  • Fireplace features: Pellet Stove
  • Fireplace: Yes

Interior Area

  • Total interior livable area: 5,000 sqft

Living Room

  • Level: First
  • Dimensions: 1 x 1

Master Bedroom

  • Level: First
  • Dimensions: 1 x 1

Property

Details

  • Parcel number: 1056637
  • Attached to another structure: Yes
  • Exclusions: All Taxidermy and personal belongings

Features

  • Levels: One
  • Stories: 1
  • Pool features: None

Lot

  • Lot size: 0.99 Acres

Parking

  • Total spaces: 4
  • Parking features: Door-Single
  • Has garage: Yes
  • Covered spaces: 4
  • Carport: Yes
  • Carport spaces: 4

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
    HailVery High
  • Winter Weather
    Winter WeatherVery High
  • Heat Wave
    Heat WaveRelatively High
  • Lightning
    LightningRelatively High
  • Cold Wave
    Cold WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Hail
Winter Weather
Heat Wave
Lightning
Cold Wave
Inland Flooding
Strong Wind
Tornado
Wildfire

FEMA Declared Disasters Across Texas Counties

Fire
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Winter Storm

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

MonthlyAnnual
Mortgage $4,191$50,292
Home Insurance *$702$8,424
Property Taxes $863$10,356
Electricity $549$6,588
Total$6,305$75,660
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$216,171/yr
40% on housing$189,150/yr
45% on housing$168,133/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

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.

Insurance Growth Rate5-year average: 6.8%
6.8%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: -0.9%
-0.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$166This listing

vs Other Active Listings

Avg $/sqft

ZIP 79606$178
Taylor County$174

vs Homes Sold Last Month

Median $/sqft

ZIP 79606$174
Taylor County$164

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

DateEventPrice
2026-05-02Listed for sale$829,000
2025-04-07Sold--
2024-12-09Listed for sale$795,000

For Sale by Agent

AgentLuke Harwell
BrokerageEkdahl Real Estate STAMFORD

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