About Tbd Old Anson Road
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.
Features of Tbd Old Anson Road
MLS® # | 21056832 |
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Price | $700,000 |
Bathrooms | 0.00 |
Acres | 17.22 |
Type | Land |
Sub-Type | Unimproved Land |
Status | Active Under Contract |
Community Information
Address | Tbd Old Anson Road |
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Subdivision | Venugopala Addition |
City | Abilene |
County | Taylor |
State | TX |
Zip Code | 79603 |
Amenities
Utilities | City Water, Concrete, Curbs, Electricity Available, Natural Gas Available, Overhead Utilities |
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Is Waterfront | No |
Has Pool | No |
Interior
Fireplace | No |
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Exterior
Lot Description | Acreage, Adjacent to Greenbelt, Brush, Few Trees, Mesquite, Oak, Undivided |
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School Information
District | Abilene ISD |
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Elementary | Ortiz |
Middle | Mann |
High | Abilene |
Additional Information
Zoning | Zoned Multi-family, city is open to other uses with submissions of SUP or CUP applications |
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Listing Details
Agent | John Laudenslager |
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Office | Black Tie Real Estate |