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    1008 Mayberry Blvd Alton, TX 78573

    Sponsored
    For Sale
    $1,375,000

    Prime Texas land, lakefront, buildable.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 25.152-acre property boasts stunning Lake Alton frontage on two sides, presenting a unique opportunity for development. Zoned for agricultural use, the land offers significant potential for a variety of projects, including residential subdivisions, multi-family complexes, or apartment buildings. The mature trees provide a naturally beautiful landscape, enhancing the property's appeal and offering established shade. The asking price is $1,375,000, translating to $55,000 per acre. Located at 1008 N Mayberry Blvd, Alton, TX 78573, in Hidalgo County, this fee simple ownership offers a rare combination of size, location, and natural beauty. The seller has thoughtfully stocked the lake with fish, adding to the recreational value of this remarkable property. This is a truly exceptional opportunity for investors seeking a prime development site in a desirable Texas location. The property is easily accessible and offers significant potential for future growth and appreciation. Don't miss this chance to acquire a piece of Texas lakefront land with immense development potential.

    Property Features for 1008 Mayberry Blvd

    General Information

    Property type
    Farms
    Lot Size
    1,089,000 SF

    HighLights

    • 25.152‑acre lakefront property with Lake Alton frontage on two sides.
    • Agricultural zoning allows for residential, multi‑family, or apartment development.
    • Mature trees provide established landscaping.
    • $1,375,000 asking price ($55,000/acre).
    • Located at 1008 N Mayberry Blvd, Alton, TX 78573 (Hidalgo County).
    • Lake stocked with fish.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Building Supply Dental Office Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Gym & Fitness Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Alton
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.304465553419
    Latitude
    26.293722372953

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    FAQs

    What type of property is this?
    Farm - Prime Texas land, lakefront, buildable.
    Where is this farm located?
    The property is located at 1008 Mayberry Blvd Alton, TX.
    What is the asking price?
    The asking price for this property is $1,375,000.
    What are key features of this property?
    This property features: 25.152-acre lakefront property with Lake Alton frontage on two sides.; Agricultural zoning allows for residential, multi-family, or apartment development.; Mature trees provide established landscaping.
    Request Owner's contact information
    1008 Mayberry Blvd Alton, TX 78573
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1008 Mayberry Blvd Alton, TX 78573
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