




$692,000
NAL Estimated Property Value10650 Fm 1082, Abilene, TX, 79601
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About this property
Welcome to 10650 FM 1082, a rare opportunity to own two beautiful homes on 8 acres just minutes from Lake Ft. Phantom. This unique property offers the perfect blend of rustic charm and modern conveniences, making it ideal for multi-generational living, a guest house, or even investment opportunities. The main home boasts over 2,600 sq. ft. with 3 bedrooms, 2 bathrooms, and multiple living spaces. Step inside to find a warm interior adorned with cedar and wood accents throughout. The spacious great room is perfect for gathering, while the open kitchen features a large island with concrete countertops, propane cooktop, and tankless water heater. A cozy office and front living room add flexibility, and the primary suite includes an elegant electric fireplace and attached bath. Upstairs are two bedrooms with abundant storage. Outdoors, enjoy the beautiful wraparound porch, koi pond with waterfall, and a massive 30x50 shop with dual overhead doors, RV hookup, and room for projects. The oversized garage, extended driveway, and additional slab offer plenty of parking and space for future expansion. The second home is 1,470 sq. ft. with 2 bedrooms and 2 bathrooms, showcasing a rustic motif with wood walls, wood-look flooring, and stained wood accents. The kitchen shines with its island topped with butcher block and propane cooktop. A full-length covered front porch welcomes you, while the backyard retreat includes a wood fence, artificial turf, above-ground saltwater pool, and 1-car garage. With its serene country setting, dual residences, and proximity to the lake, this property is truly one of a kind.
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Learn About the Market: Opportunity in Texas




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Texas
Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Abilene
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