48 Poverty Point Cir, Abilene, TX, 79601
About This Home
Escape to this beautiful 2-bedroom, 2-bath lake house perfectly situated on the deep-water end of Lake Ft. Phantom. Enjoy stunning lake views from a thoughtfully designed interior featuring modern finishes and an inviting open layout. Updated with sculpted porcelain tile throughout. Built in China hutch in dining room. Relax in the luxurious jacuzzi tub after a day on the water, or unwind on the patio as the sun sets over the lake. Beautiful rocked fireplace and crown molding throughout living area. This property also includes a large spacious storage room attached with electricity, ideal for lake gear or workshop space. Perfect as a full-time residence or weekend getaway!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1974
Materials
- Foundation: Slab
- Roof: Metal
Type & Style
- Home type: SingleFamily
- Architectural style: Detached
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Convection Oven,Dishwasher,Electric Cooktop,Electric Oven,Disposal,Microwave,Vented Exhaust Fan
- Laundry features: Washer Hookup,Electric Dryer Hookup,Laundry in Utility Room
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Dining Room
- Level: First
- Dimensions: 0 x 0
Features
- Built-in Features,Granite Counters,Kitchen Island,Open Floorplan,Pantry,Wired for Sound
- Flooring: Tile
- Number of fireplaces: 1
- Fireplace features: Family Room,Masonry,Stone,Wood Burning
- Fireplace: Yes
Heating & Cooling
- Heating features: Central,Electric,Heat Pump
- Cooling features: Central Air,Ceiling Fan(s),Electric,Heat Pump
Interior Area
- Total interior livable area: 1,560 sqft
Kitchen
- Features: Breakfast Bar,Built-in Features,Granite Counters,Kitchen Island,Pantry
- Level: First
- Dimensions: 0 x 0
Living Room
- Features: Built-in Features,Ceiling Fan(s),Fireplace
- Level: First
- Dimensions: 0 x 0
Master Bedroom
- Level: First
- Dimensions: 0 x 0
Master Bedroom
- Level: First
- Dimensions: 0 x 0
Other
- Features: Built-in Features
- Level: First
- Dimensions: 0 x 0
Other
- Features: Built-in Features,Jetted Tub
- Level: First
- Dimensions: 0 x 0
Utility Room
- Features: Built-in Features,Dual Sinks,Utility Room,Utility Sink
- Level: First
- Dimensions: 0 x 0
Property
Details
- Parcel number: 25736
- Attached to another structure: Yes
Features
- Levels: One
- Stories: 1
- Pool features: None
- Patio & porch: Rear Porch,Covered
- Exterior features: Dock,Rain Gutters,Storage
- Fencing: Fenced,Full,Front Yard,Wood,Wrought Iron
- On waterfront: Yes
- Waterfront features: Boat Dock/Slip,Lake Front
Lot
- Lot size: 0.87 Acres
- Features: Interior Lot,Landscaped,Few Trees,Retaining Wall
Parking
- Total spaces: 2
- Parking features: Attached Carport,Driveway,Electric Gate,Gated,Storage
- Covered spaces: 2
- Has uncovered spaces: Yes
- Carport: Yes
- Carport spaces: 2
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 | $2,907 | $34,884 |
| Home Insurance * | $594 | $7,128 |
| Property Taxes | $327 | $3,924 |
| Electricity | $238 | $2,859 |
| Total | $4,066 | $48,792 |
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 |
|---|---|---|
| 2026-01-17 | Price change | $650,000 |
| 2025-12-08 | Price change | $599,000 |
| 2025-10-23 | Listed for sale | $525,000 |
For Sale by Agent
View on Zillow