Stevenson Place

For Sale

526 E North 7th St, Abilene, TX 79601

This Abilene property for sale is located at 526 E North 7th St. The current listed sale price for Stevenson Place is $750,000. Stevenson Place is situated on a lot that is 0.73 acre in size.

Contacts

broker
Greg Brownd

The Go-Getters Multifamily with KW Commercial

Property Details

  • Property Type Multi-Family
  • Property Size 7,568 SF
  • Units 16
  • Lot Size 0.73 Acre
  • Year Built 1958
  • Date Updated Sep 4, 2025
The new 900-acre Stargate AI Data Center investment has contributed to a 15.8% effective rent growth in the Abilene rental market, per ALN Apartment Data. Outside of Stargate, these apartments are located just 1.3 miles south of Abilene Christian University, 2.3 miles south of Hardin-Simmons University, and 1.9 miles south of the Texas Tech University Health Sciences Center. Abilene also has its own regional airport and is home to Dyess Air Force Base. The subject property is located directly across the street from Stevenson Park and splash pad.The Stevenson Place Apartments consist of 16 units, all 2-bed/1-bath, across two buildings. The sale includes three additional vacant lots directly adjacent to the apartments. The apartments underwent renovations and upgrades in 2022, including TPO roofs, vinyl plank flooring, granite countertops, windows, and more. This investment offers the opportunity to acquire at an attractive cost basis with the ability to capitalize on a booming Abilene rental market through traditional rental premiums, furnished mid-term rental conversions, and further development of the vacant lots.
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Highlights

  • 15 minutes from Open AI Stargate I Data Center
  • 15.8% Effective Market Rent Growth
  • 3 Vacant Lots included

Getting around

  • 22/100

    Walk Score ®

  • 34/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Abilene, TX
  • Neighborhood East Highway
  • Zip Code 79601

Points of Interest

  • Alon

    0.76 miles

  • Gascard

    1.11 miles

  • Grab & Go

    1.75 miles

  • Walmart

    1.76 miles

  • Shell

    1.84 miles

  • Murphy USA

    1.93 miles

  • Allsup's

    1.99 miles

  • Tesla Destination

    4.90 miles

  • J1772

    4.90 miles

  • BBVA Compass Parking

    0.94 miles

  • Doubletree Parking

    1.03 miles

  • Abilene High School

    2.38 miles

  • Abilene Hotel

    0.48 miles

  • Abilene Inn & Suites

    0.48 miles

  • Emerald Inn Expo

    0.63 miles

  • DoubleTree by Hilton Abilene Downtown Convention Center

    0.99 miles

  • Super 8

    1.77 miles

  • Executive Inn

    1.92 miles

  • Quality Inn

    1.92 miles

  • Motel 6

    1.94 miles

  • Comfort Suites

    1.95 miles

  • Whitten Inn

    1.96 miles

  • United Supermarkets

    0.87 miles

  • Walmart Neighborhood Market

    1.75 miles

  • Walmart Supercenter

    2.13 miles

  • Come and See International Market

    2.73 miles

  • H-E-B

    2.78 miles

  • Batangas Asian Market

    2.84 miles

  • Sears

    4.48 miles

  • Natural Grocers

    4.48 miles

  • Target

    4.48 miles

  • Burlington

    4.55 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Greg Brownd

The Go-Getters Multifamily with KW Commercial

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