Development Land with Rental
For Sale
$1,950,000
5868 US Highway 277 S, Abilene, TX 79606
LAND - Abilene, TX
Property SizeContact for details
Lot Size11.30 Acres
Days on Market89
Property Features for 5868 US Highway 277 S
General Information
Property type
Land
Property subtype
Other
Zoning description
AO
Subdivision
John Adams Surv #44 Abs # 3
Lot features
Acreage, Cleared, Level, City Lot
Elementary school
Ward
Middle school
Craig
High school
Cooper
Elementary school district
Abilene ISD
Middle school district
Abilene ISD
High school district
Abilene ISD
Directions
on Hwy 277 S (S 14th St) with Rebecca to the South and Hwy 83-84 (Loop 322) to the north
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
Legal Description
A0003 SUR 44 JOHN ADAMS, ACRES 12.3
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1952
Listing Agency:
Chris Barnett Real Estate
(325) 201-7679
Listed By:
Chris Barnett · License #0477804
(318) 658-0345
Added: Jun 6
Changed: Aug 1
Last Checked: Sep 2 at 6:06PM
MLS# 21002418
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.
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
Current Use
Lease Details
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
46
Businesses Nearby
Explore this area
Business Placement
Demographics for 79606, TX
27,818
Population
13,191
Households
2.1
Avg Household Size
36
Median Age
38%
College-Educated
97%
High-School Grad
69.5 sq mi
ZIP Area
400
Density / Sq Mi
$83,201
Median Household Income
$48,062
Median Earnings
$1,165
Median Rent
$248,500
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Commercial land - Flat, ready-to-develop tract with utilities available and existing church plus two houses generating rental income.
Where is this commercial land 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
