LOT SIZE 17.220 acres
MLS#21056832
STATUSPending
PROPERTY TYPELand - Commercial
SUBDIVISIONVenugopala Addition
SCHOOLAbilene ISD
Property Description
Prime Multifamily Development Land 17.22± Acres in Abilene, TX. Incredible opportunity to acquire 17.22± acres of residential land zoned Multi-Family (MF) in the high-growth Abilene market. Strategically located along I-20 at Old Anson Rd, the property benefits from 37,500+ vehicles per day on I-20 and 25,800+ vehicles per day on Hwy-277, ensuring excellent connectivity.No new apartment construction is scheduled for delivery in Abilene over the next 24 months, creating a rare window for developers to meet pent-up demand. Abilene continues to experience strong rent growth (6.7–9.5% overall; 13% in the premium segment) and is actively encouraging new multifamily development through zoning and infrastructure expansion.The site is adjacent to established residential neighborhoods, governmental facilities, and an operating power substation, with utilities to the property line. The forthcoming TXDOT expansion of I-20 will further enhance access and traffic flow, making this an ideal site for an apartment community, townhomes, or other multifamily product types.
Property Features
Property Type: Land - Commercial
Lot Size: 17.22 Acres
Feature Descriptions
Days on Site: 177
Fencing: Metal, Pipe
Lot: Acreage, Adjacent to Greenbelt, Brush, Few Trees, Mesquite, Oak, Undivided
Parcel#: 1087731
Utilities: City Water, Concrete, Curbs, Electricity Available, Natural Gas Available, Overhead Utilities
Local Schools
Elementary School: Ortiz
School District: Abilene ISD
Listed By / Shown By
Listed By
Agency Name: Black Tie Real Estate
Agent Name: John Laudenslager
Shown By
Agent Name: Russell Cox
Agent Phone: Cell: (254) 717-6447
Agency Title: Kelly, Realtors
Estimate Your Payment
Estimated Payment
$ 1,762.06 per month $1,557.90 Principal & Interest $0.00 Property Tax (data not provided by mls) $204.17 Homeowner's InsuranceChange Payment Information
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Tbd Old Anson Road | MLS# 21056832
This land located at Tbd Old Anson Road, Abilene, TX 79603 is currently listed for sale with an asking price of $700,000. The property has approximately 17.22 Acres. Tbd Old Anson Road is located within the Abilene ISD school district. Search Abilene real estate on www.254sale.com today.