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.