Irrigated Agricultural Property with
For Sale
$970,000
135 Sioux Road, Alamo, TX 78516
Commercial Sale, Alamo, TX
Property Size12,124 SF
Lot Size12.77 Acres
Price / SF$80.01
Days on Market205
Property Features for 135 Sioux Road
General Information
Property type
Commercial Sale
Property subtype
Other
Parking
6
Parking features
Off Street, Covered
Appliances
Electric Water Heater
Subdivision
Alamo Land & Sugar Co
Directions
Starting intersection is Tower Rd and Kansas Rd (495): Head North on Tower Rd until Sioux Rd and turn right (East). Property is halfway between Tower Rd and Valverde Rd on the right hand (South) side of Sioux Rd right next to the irrigation drainage canal.
Standard status
Active
APN
A180000042000206
Size
12,124 SF
Lot size
12.77 Acres
Taxes and HOA fees
Tax Year
2023
Tax Annual Amount
3615
Utilities
Heating system
Central, Electric (Heating)
Cooling system
Electric, Central Air
Building Details
Year built
1980
Floors in Building
2
Roof type
Metal
Listing Agency:
BIG Realty
(956) 465-0011
Listed By:
Gregory A Vasquez · License #TEXAS0665545
(956) 289-3288
Added: Mar 24
Changed: Oct 8
Last Checked: Oct 14 at 8:06AM
MLS# 500003
Copyright © 2026 Greater McAllen Association of Realtors. 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 12.77-acre agricultural property combines productive land with substantial commercial improvements. More than 92% of the acreage is laser-leveled and irrigated, and the property is currently used for hay production. Improvements include a 6,000-square-foot warehouse and a separate 6,000-square-foot covered area. The facility has three oversized bay doors, a built-in frame machine, 3-phase electrical service, and spray foam insulation. Living quarters, an office, and additional storage are also included, with one storage building configured for use as a walk-in cooler or freezer.
The property is located at 135 Sioux Road in Alamo, Texas. The land and building may be sold separately, providing flexibility for agricultural or commercial ownership structures. Additional features include covered and off-street parking, a metal roof, central heating and cooling, and an electric water heater.
The property is located at 135 Sioux Road in Alamo, Texas. The land and building may be sold separately, providing flexibility for agricultural or commercial ownership structures. Additional features include covered and off-street parking, a metal roof, central heating and cooling, and an electric water heater.
Key Highlights
- 12.77 acres with more than 92% laser‑leveled and irrigated
- Current hay production across the agricultural acreage
- 6,000‑square‑foot warehouse plus an additional 6,000‑square‑foot covered area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$77,470
Cap Rate
7.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,549,400
$1.5M
Cap Rate 7%
$1,106,714
$1.1M
Cap Rate 9%
$860,778
$860.8K
Market Conditions
NOI Build-Up for 12,124 SF
Gross rent
$97.5K $8.04/SF
− Vacancy
−$6.3K −$0.52/SF
EGI
$91.1K $7.52/SF
− OpEx
−$13.7K −$1.13/SF
NOI
$77.5K $6.39/SF
Area
Hidalgo County, TX
Vacancy
6.50%
Lease Rate
$8.04 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,549,400
Cap Rate 7%
$1,106,714
Cap Rate 9%
$860,778
Alternative Uses
Best Use
Warehouse
$1.11M
$968.4K – $1.29M
NOI $77,470 @ 7.0% cap · market cap 7.99%
Second Best
Industrial
$911.4K
$797.5K – $1.06M
NOI $63,799 @ 7.0% cap · market cap 6.58%
Theoretical Best
Hotel Hospitality
$9.13M
$7.99M – $10.65M
NOI $639,238 @ 7.0% cap · market cap 65.90%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
3
Drive-in doors
Yes
Heavy power
Location Intelligence
Trade Area within ½ mile
61
Businesses Nearby
Explore this area
Business Placement
Demographics for 78516, TX
34,506
Population
12,469
Households
2.8
Avg Household Size
32
Median Age
12%
College-Educated
59%
High-School Grad
37.8 sq mi
ZIP Area
913
Density / Sq Mi
$51,547
Median Household Income
$26,908
Median Earnings
$743
Median Rent
$102,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Farm - Irrigated acreage with hay production includes warehouse improvements, covered work space, and agricultural utility.
Where is this farm located?
The property is located at 135 Sioux Road Alamo, TX.
What is the asking price?
The asking price for this property is $970,000.
What are key features of this property?
This property features: 12.77 acres with more than 92% laser‑leveled and irrigated; Current hay production across the agricultural acreage; 6,000‑square‑foot warehouse plus an additional 6,000‑square‑foot covered area
