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    Mile 10 Weslaco, TX 78596

    For Sale
    $999,450

    13.84 Acres, Prime Development Opportunity

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 13.84-acre commercial and residential land parcel presents a remarkable investment opportunity in Weslaco, Texas. Strategically located just north of the Expressway near Texas Boulevard, this corner lot boasts unparalleled accessibility and visibility. Its prime location offers easy access to major thoroughfares, ensuring convenient commutes for future residents. The property's proximity to established, recently developed subdivisions (built within the last 3-5 years) underscores its desirability and potential for immediate development. Future residents will enjoy the convenience of nearby amenities, including schools, HEB, and Walmart, all within a short driving distance (1-4 miles). The property's size and location make it ideally suited for a variety of development projects, including residential subdivisions, catering to the growing demand for housing in the area. The asking price for this exceptional property is $999,450. The legal description includes portions of West Tract 14.78 acres and West Tract 1.0 acre, resulting in a net 12.84 acres. This is a rare opportunity to acquire a significant land holding in a thriving Texas community. The property is located at 0 N Mile 10 N, Weslaco, TX 78596, in Hidalgo County.

    Property Features for 0 Mile 10

    General Information

    Property type
    Land
    Lot Size
    602,870 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Weslaco
    County
    Hidalgo
    State
    Texas
    Longitude
    -97.9975758
    Latitude
    26.1988728

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    FAQs

    What type of property is this?
    Land - 13.84 Acres, Prime Development Opportunity
    Where is this land located?
    The property is located at Mile 10 Weslaco, TX.
    What is the asking price?
    The asking price for this property is $999,450.
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    Mile 10 Weslaco, TX 78596
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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
    Mile 10 Weslaco, TX 78596
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