Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    6933 Inverness St Abilene, TX 79606

    View on Map
    Sponsored
    For Sale
    $185,000

    Unimproved Land - Abilene, TX

    Type:Unimproved Land
    Lot size:
    0.33 Acres
    Days on Market:
    12
    Last Refresh:
    Mar 26 at 2:06 am

    Property Features for 6933 Inverness St

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    1085961
    Lot size
    0.33 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Chris Barnett

    Chris Barnett Real Estate

    Listing agent Chris Barnett License #0477804

    Listing date Mar 15, 2026

    MLS# 20407067 Listing URL

    Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Residential Lots in Hampton Hills

    Five infill lots are available in Hampton Hills, located on Journey and Inverness. The available lot is part of a five-lot package with four additional lots on Journey. The lot on Inverness Street is 0.334 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Restaurant Nail Salon Auto Repair Shop Gym & Fitness Center Department Store Daycare Center Discount Store Computer & Electronic Repair Storage Facility

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Abilene
    County
    Taylor
    State
    Texas
    Longitude
    -99.81764808
    Latitude
    32.41223077

    Nearby Similar for Sale

    • $325,000
      0.55 Acres

      Versatile Commercial Space in Abilene

      Commercial property with drive-through capability in South Abilene, TX.
      1917 S 20Th St, Abilene, TX 79602
      View Details
    • $595,000
      8,310 SF

      Renovated Iconic Building For Sale

      Renovated 8,310 SF building with high visibility in Abilene.
      1305 S 1St St, Abilene, TX 79602
      View Details
    • $450,000
      0.16 Acres

      Downtown Abilene Commercial Property

      Prime location with showroom and warehouse space.
      627 Pine St, Abilene, TX 79601
      View Details
    • $499,900
      3,300 SF

      Downtown Abilene Executive Office Building

      Two-story office building with modern amenities and historical character.
      441 Butternut St, Abilene, TX 79602
      View Details
    • $750,463
      0.96 Acres

      Abilene Restaurant with Buffet

      Beloved buffet-style restaurant on main strip in Abilene, TX.
      3601 S 1St St, Abilene, TX 79605
      View Details
    • $300,000
      400 SF

      Abilene Retail Opportunity on Corner Lot

      Commercial property on a corner lot near major landmarks.
      4840 N 10Th St, Abilene, TX 79603
      View Details
    • New
      $599,999
      0.47 Acres

      Abilene Retail and Residential Opportunity

      Retail space and residential home for sale in Abilene, TX.
      3617 Buffalo Gap Rd, Abilene, TX 79605
      View Details
    • $395,000
      19,260 SF

      Historic Mixed-Use Redevelopment Opportunity

      Three-story brick building in Abilene, TX, prime for redevelopment.
      1315 S 1St St, Abilene, TX 79602
      View Details
    • $495,000
      0.12 Acres

      Remodeled Building in SODA District

      Remodeled 3,340 SF building with 1,160 SF covered patio.
      382 Chestnut St, Abilene, TX 79602
      View Details
    • $350,000
      0.32 Acres

      Office Space Near Hendrick Medical

      Professional office space near Hendrick Medical Center in Abilene, TX.
      1202 Hickory St, Abilene, TX 79601
      View Details
    • $220,000
      6,400 SF

      Abilene Warehouse with Retail Potential

      Warehouse with office space, loading docks, and retail potential.
      4047 N 1St St, Abilene, TX 79603
      View Details
    • $895,000
      2,806 SF

      Turnkey Ranch Retreat near Abilene

      Private 52-acre ranch with rock home, pond, and improvements.
      11137 County Road 348, Abilene, TX 79601
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Five residential lots available in Abilene's Hampton Hills neighborhood.
    Where is this residential land & home lot located?
    The property is located at 6933 Inverness St Abilene, TX.
    What is the asking price?
    The asking price for this property is $185,000.
    What are key features of this property?
    This property features: - One of 5 available infill lots in Hampton Hills.; - Located on Inverness.; - Part of a 5-lot package.
    (325) 201-7679
    Request Owner's contact information
    6933 Inverness St Abilene, TX 79606
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    6933 Inverness St
    Abilene, TX 79606
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6933 Inverness St Abilene, TX 79606
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Chris Barnett
    Real Estate License ID: 0477804
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!