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    0000 Rancho Toluca Progreso, TX 78579

    For Sale
    $330,000

    Prime Residential Development Land

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 9.56-acre parcel of land presents a remarkable opportunity for residential development in the desirable Progreso, Texas area. Located at 0000 Rancho Toluca in Hidalgo County, zip code 78579, this property boasts a prime location with convenient access to local amenities and infrastructure. The expansive lot size offers significant potential for a variety of residential projects, including multi-family dwellings or single-family homes. The property's address is 0000 Rancho Toluca, Progreso, TX 78579, with GPS coordinates of 26.0874839 latitude and -97.9569011 longitude. Given its size and location, this land is ideally suited for developers seeking to capitalize on the growing demand for housing in this thriving Texas community. The asking price for this exceptional property is $330,000. This represents a compelling investment opportunity for those seeking to develop a significant residential project in a highly sought-after area. Serious inquiries are encouraged to explore the full potential of this remarkable land offering. The property is classified as residential land.

    Property Features for 0000 Rancho Toluca

    General Information

    Property type
    Land
    Lot Size
    416,434 SF

    HighLights

    • $330,000 asking price.
    • 9.56‑acre residential land parcel.
    • Located in Progreso, Texas, zip code 78579.
    • Hidalgo County location.
    • Suitable for multi‑family or residential development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Progreso
    County
    Hidalgo
    State
    Texas
    Longitude
    -97.9569011
    Latitude
    26.0874839

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    FAQs

    What type of property is this?
    Land - Prime Residential Development Land
    Where is this land located?
    The property is located at 0000 Rancho Toluca Progreso, TX.
    What is the asking price?
    The asking price for this property is $330,000.
    What are key features of this property?
    This property features: $330,000 asking price.; 9.56-acre residential land parcel.; Located in Progreso, Texas, zip code 78579.
    Request Owner's contact information
    0000 Rancho Toluca Progreso, TX 78579
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    Progreso, TX 78579
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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
    0000 Rancho Toluca Progreso, TX 78579
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