Development Land with Rental
5868 US Highway 277 S Abilene, TX 79606
5868 US Highway 277 S, Abilene, TX, 79606
$1,950,000
For Sale
$1,950,000
LAND - Abilene, TX
Lot Size11.30 Acres
Days on Market122
Property Features for 5868 US Highway 277 S
General Information
- Property type
- Land
- Property subtype
- Other
- Standard status
- Active
- APN
- 55618
- Lot size
- 11.30 Acres
Taxes and HOA fees
- Tax Description
- A0003 SUR 44 JOHN ADAMS, ACRES 12.3
- Tax Annual Amount
- 10199
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 1952
Listing Agency
Chris Barnett Real Estate
(325) 201-7679
Abilene, TX
Listed by
Chris Barnett · License #0477804
(325) 201-7679
Added: Mar 20 Checked: Jul 19 at 1:06 am
MLS# 21002418
Listing URL
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Investment Insights
Based on property information with market context.
This development tract offers a mix of opportunity and immediate income. The property is a flat site described as ready for development, with existing improvements that include a church and two houses, which currently provide rental income. The offering also notes that a travel trailer park is allowed with the current zoning, expanding the tenant and operator potential on day one. Utilities are available to the site, supporting flexible future development planning.
Situated along US Highway 277 S in Abilene, the tract is positioned with Rebecca to the south and Hwy 83-84 (Loop 322) to the north. The location is presented as a prime development corridor, with frontage and nearby access routes supporting a wide range of concepts. The remarks also indicate there is no flood risk and that the terrain is flat.
For buyers, this property fits investors and developers looking for land that can support both near-term income from the existing structures and longer-term expansion. The provided remarks further suggest potential development uses may include multi-family, commercial, retail, townhome, and hotel concepts, subject to zoning alignment. The owner also offers a finance option for qualified buyers.
Situated along US Highway 277 S in Abilene, the tract is positioned with Rebecca to the south and Hwy 83-84 (Loop 322) to the north. The location is presented as a prime development corridor, with frontage and nearby access routes supporting a wide range of concepts. The remarks also indicate there is no flood risk and that the terrain is flat.
For buyers, this property fits investors and developers looking for land that can support both near-term income from the existing structures and longer-term expansion. The provided remarks further suggest potential development uses may include multi-family, commercial, retail, townhome, and hotel concepts, subject to zoning alignment. The owner also offers a finance option for qualified buyers.
Key Highlights
- Prime development tract on Hwy 277 S between Rebecca (south) and Hwy 83‑84 (Loop 322) (north)
- Travel trailer park allowed with current zoning; potential uses mentioned include multi‑family, commercial, retail, townhome, and hotel
- Public water and public sewer available to the site
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Churches & religious facilities
Similar For Sale Nearby
FAQs
What type of property is this?
Church & religious facility - Flat, ready-to-develop tract with utilities available and existing church plus two houses generating rental income.
Where is this church & religious facility located?
The property is located at 5868 US Highway 277 S Abilene, TX.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: Prime development tract on Hwy 277 S between Rebecca (south) and Hwy 83‑84 (Loop 322) (north); Travel trailer park allowed with current zoning; potential uses mentioned include multi‑family, commercial, retail, townhome, and hotel; Public water and public sewer available to the site
