




$395,000
1315 S 1st St, Abilene, TX, 79602
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About this property
Calling all investors! This Historic three-story brick building with 19,260 square feet is prime for redevelopment & mixed use. The first floor is currently used for retail & has been home to YaYa Gurlz for the past decade. The second & third floors are a blank canvas for urban condos, office space or any number of other creative uses. The building comes with a parking lot with approximately 30 parking spaces. There is warehouse space with an overhead roll up door on the alley side of the property. Located on South 1st near the intersection of Butternut, there is a high traffic count & high visibility. This historic gem is also conveniently located near Downtown Abilene & the SODA District. This property could also be purchased with 1305 South 1st located right next door at the corner of South 1st & Butternut. See listing #21032117 for more details.
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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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