TBD Old Anson Rd Abilene, TX 79603
Estimated payment $4,368/month
Highlights
- 17.22 Acre Lot
- Adjacent to Greenbelt
- Brush Vegetation
About This Lot
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 Details
Property Type
- Land
Lot Details
- 17.22 Acre Lot
- Adjacent to Greenbelt
- Aluminum or Metal Fence
- Pipe Fencing
- Brush Vegetation
- Few Trees
- Zoning described as Zoned Multi-family, city is open to other uses with submissions of SUP or CUP applications
Schools
- Ortiz Elementary School
- Abilene High School
Additional Features
- City Lot
- Overhead Utilities
Community Details
- Venugopala Addition Subdivision
Listing and Financial Details
- Legal Lot and Block 202 / A
- Assessor Parcel Number 1087731
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/19/2025 09/19/25 | Pending | -- | -- | -- |
| 09/10/2025 09/10/25 | For Sale | $700,000 | -- | -- |
About the Listing Agent
John Laudenslager, a distinguished Fort Worth native at the helm of Black Tie Real Estate, seamlessly intertwines sophistication and expertise in the real estate industry. John’s diverse background reflects a commitment to excellence that transcends various sectors. His foray into real estate, marked by a strategic leap from UT Arlington’s Executive MBA program in 2019, has since positioned him as an indisputable expert with a refined focus on real estate investment.
Recognizing real
John's Other Listings
Source: North Texas Real Estate Information Systems (NTREIS)
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