




$525,500
$538,500
727 Key Ln, Abilene, TX, 79602
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About this property
Looking for land, privacy, and a home with true Texas character that also has room for all your animals, equipment and toys? This Ranch Style home offers a great layout and timeless architectural elements with character you don't find in new homes anymore with Ag Exemption to help on Taxes. The home is set back over 320 yards from the road, giving a nice long driveway for privacy. Outbuildings include and old farm shed for crafting or workshop, a brand new 30x25x11 detached garage, and a newer 42x30x8 spray foam insulated shop. When you walk inside, the spacious living room welcomes you with dramatic vaulted ceilings, original wood paneling, and a handsome brick fireplace that centers the room with Retro Chic warmth. The interior retains its original 1970s nostalgic finishes, while some major updates have been complete, such Class 4 Roof in 2024 with gutters, 3.5 ton HVAC in 2023, and foundation repaired in 2024. The primary bedroom includes Plantation Shutters, a walk in closet and an ensuite that retro design enthusiasts will love. The other two guest bedrooms include spacious walk in closets as well. The guest bathroom is full of cabinet and counter space so everyone has their own space for storage. There is a front sunroom for morning coffee, or if you prefer evening drinks, and, or entertaining, the back covered patio is an oasis with great views. The front cleared pasture is fenced separately from the house and driveway. The house is surrounded by mature Oak Trees, giving plenty of shade and bird watching. Outside, the land extends its arms to equestrians and hobby farmers alike. The expansive acreage invites exploration, be it horseback rides, ATVs, or leisurely walks amidst the wildflowers. Experience the freedom of wide-open spaces while being conveniently located within a short drive to Abilene’s amenities and services. No known restrictions.
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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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