TBD OLD ANSON ROAD, ABILENE, TX 79603
Homes for sale in Abilene.
Homes for sale in 79603.
TBD Old Anson Road
Abilene, TX 79603
List Price$700,000
Listing #21056832
17.22
Acres
Lots / Land
Type
About This Property
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
Location Information
County
Taylor
Subdivision
Venugopala Addition
Interior Features
Has Fireplace
No
Exterior Features
Fencing
Metal, Pipe
Possible Best Use
Multi-Family
Lot Description
Acreage, Backs to Greenbelt/Park, Hardwood Trees, Few Trees, City Lot
Zoning
Zoned Multi-family, city is open to other uses wit
Lot Size in Acres
17.22
Development Status
Other, Zoned
Lot Size in Sq. Ft.
750,103
Is One Story
No
Current Use
Investment, Unimproved
Lot Description
Acreage, Backs to Greenbelt/Park, Hardwood Trees, Few Trees, City Lot
School
Elementary School District
Abilene ISD
Jr. High School
Mann
Elementary School
Ortiz
High School
Abilene
Additional Information
Property Type
LL
Has a Home Owners Association
No
Property SubType
Unimproved Land
Community Features
Curbs
Status
Closed
Lot Acres Source
Assessor
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