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Katherine Chastain
  • Investor
  • Brownwood, TX
1
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4
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Vacant lot in booming data center town

Katherine Chastain
  • Investor
  • Brownwood, TX
Posted

So I purchased a double lot just outside of Abilene Texas. Which has a data center being built and after that a solar/energy farm going in. Abilene itself has been a growing market but since the data center started its construction five months ago I have been getting constant offers to purchase my lots.

Now I am currently living 3 .5 hours from this location and the double lot is in a small subdivision of almost all manufactured homes. But it is in a small town of tye just above a military base and off interstate for commuting. The town itself is small and quaint and just outside Abilene but with country living. It has utilities already in place from previous home on location.

HERE is my question. Do I bother with the whole thing of getting a manufactured home out on the property and landlord it from afar or do I just sale it for a major profit.

It seems like a headache and a bit of money upfront to get a home on there but the market will have that thing paid for in 2-3 years with conservative numbers vs short term financial gain and pay off all remaining debt and live more comfortably now until I purchase another rental.

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