1031 Exchange in Abilene, Texas MSA
The Abilene, TX MSA offers a stable real estate market with a focus on government, education, and healthcare sectors, providing unique 1031 exchange opportunities.
Market Profile
- Population: 178,244 (2023 estimate)
- Median Household Income: $66,464 (2023)
- Unemployment Rate: 3.0% (April 2025)
- Job Growth: 1.18% annually (2022-2023)
- Population Growth: +0.899% annually (2022-2023)
Economic Drivers
- Government
- Education
- Healthcare
- Livestock and Agriculture
- Manufacturing
- Retail
Market Trends
- Median Home Price: $250,000 (May 2025) (+2.0% YoY, up)
- Average Rent: $1,649 (May 2025) (Research needed, up)
- Cap Rates: 5.36% - 11.9% (Multifamily); 3% (Industrial); 8% (Office) (Research needed, stable/varied)
Tax Considerations
- Property Tax Rate: 0.7607 per $100 of valuation (City of Abilene, 2024-2025)
- Transfer Tax Rate: None (Texas is one of few states without a transfer tax)
- Assessment Method: Assessed Value
- Opportunity Zones: 2 designated zones
Neighborhoods
South Abilene
Area with significant development and corporate presence, good access to major roadways.
- Median Price: $350,000
- Price Growth: +10.8% YoY
- Rental Yield: ~5.6% (based on $1,649 average rent and $350K median price)
- Days on Market: 36 days
Investment Thesis: Strong potential for growth due to ongoing development and accessibility, suitable for both residential and commercial investments.
Wylie
Fast-growing area experiencing rapid development and population influx.
- Median Price: $350,000
- Price Growth: ~+3.9% YoY (Abilene overall)
- Rental Yield: ~5.6% (based on $1,649 average rent and $350K median price)
- Days on Market: 40 days
Investment Thesis: High growth potential driven by new construction and increasing demand, particularly for residential properties.
Frequently Asked Questions
How do property taxes work in Abilene, TX?
Property taxes in Abilene, TX are based on assessed value. The City of Abilene’s property tax rate for 2024-2025 is $0.7607 per $100 of valuation. Texas does not have a state property tax, but local entities (counties, cities, school districts) levy taxes.
Are there transfer taxes in Abilene, TX?
No, Texas is one of the few states that does not have a real estate transfer tax. This means buyers and sellers in Abilene do not incur this expense.
What are the best areas for 1031 investment in Abilene, TX?
Research needed
This information is for educational purposes only and is not legal or tax advice. Consult with qualified professionals regarding your specific situation.
More Texas metro guides
See the full Texas 1031 exchange guide for state tax rules, deadlines, and clawback status.