67 AC DEVELOPMENT TRACT - ABERNATHY, TX

Vacant Land for Sale
Catylist Listing ID: 30780962
Property Subtypes: Residential (Single Family)
Gross Land Area: 67 Acres
Sale Price: $7,950 Per Acre
Total Price: $532,650
In Opportunity Zone? Yes
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 1/21/2022

Overview / Comments

A great development tract on the south side of Abernathy, TX. Water and Sewer run 2,300' along the entire north side of the property and also down the east side. Abernathy features a great 3A school district. Growth statistics are up. The population is 2,700 and the demand for housing is good - almost no rentals or vacant homes available.
Facts taken from bestplaces.net - The median home cost in Abernathy is Real Estate: $112,700. Home appreciation the last 10 years has been 7.4%. Abernathy public schools spend $24,977 per student. The average school expenditure in the U.S. is $12,383. There are about 11.3 students per teacher in Abernathy.

This land is outside the city limits which allows for larger lots and some commercial possibilities such as mini-storages, or business locations. It is convenient to I-27

Abernathy has evolved into a desirable commuter town, great for young families and safe for kids.

Attachments & Media

Additional Details

Nearest MSA: Plainview
County: Hale
Tax ID/APN: R97390
Property Located Between: This land is outside the city limits which allows for larger lots and some commercial possibilities such as mini-storages, or business locations. It is convenient to I-27
Property Visibility: Excellent
Largest Nearby Street: I-27
Highway Access: It is convenient to I-27

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,117 3,454 3,454
Median Age: 33.69 36.91 36.91
Households: 380 1,251 1,251

Contact

Photograph of Listing Agent

Rob Campbell, CCIM

WestMark Commercial | TCN Worldwide West Texas CIE Member
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