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    1056 I35 Hwy Abbott, TX 76621

    For Sale
    $899,000

    1.83 Acres, Multiple Dwellings, I-35 Access

    Property size:
    4,300 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional 1.83-acre property boasts convenient access to I-35, offering a unique investment opportunity. The expansive land encompasses multiple residences, providing ample living space and potential rental income. The main structure is a 1950-square-foot barndominium featuring four bedrooms, two bathrooms, a two-car garage, and a two-car carport. A second residence, a 1375-square-foot house, includes three bedrooms, two bathrooms, a two-car garage, and a two-car carport, and benefits from a new roof. Adding to the versatility, a red metal workshop offers 1000 square feet of living space with two bedrooms and one bathroom, plus an additional 200 square feet of workshop space equipped with two 12x16 roll-up doors. An 8x6 storage building provides extra storage capacity. The property also features multiple RV parking spots. Ease of access is ensured by a 20-foot easement to all properties. Three separate water meters and three septic systems are in place, catering to the multiple dwellings. This property presents a rare combination of residential and commercial potential, ideal for investors or those seeking a unique multi-family compound. The total square footage of all buildings is approximately 4300 square feet. This property is priced at $899,000.

    Property Features for 1056 I35 Hwy

    General Information

    Property type
    Other commercial real estate
    Square Feet
    4,300 SF
    Lot Size
    79,715 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Abbott
    County
    Hill
    State
    Texas
    Longitude
    -97.08623
    Latitude
    31.89237

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    FAQs

    What type of property is this?
    Commercial real estate - 1.83 Acres, Multiple Dwellings, I-35 Access
    Where is this commercial real estate located?
    The property is located at 1056 I35 Hwy Abbott, TX.
    What is the asking price?
    The asking price for this property is $899,000.
    (254) 776-0000
    Request Owner's contact information
    1056 I35 Hwy Abbott, TX 76621
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    Realmo Value Estimation

    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.

    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.

    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
    1056 I35 Hwy Abbott, TX 76621
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