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    Fm 1015 Rd Progreso, TX 78579

    For Sale
    $610,000

    24.4 Acres, Commercial/Farm Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 24.4-acre property in Progreso, Texas, presents a unique investment opportunity. Located on N. Catarina Rd. (FM1015), this expansive tract boasts significant frontage, offering excellent visibility and accessibility. Currently utilized for row crop farming, the land holds substantial potential for diverse commercial ventures or residential development. The property's size and location in Hidalgo County, Texas, make it an attractive prospect for investors seeking land with multiple development possibilities. The asking price is $610,000. The address is N N Fm 1015 Road N, Progreso, TX 78579. Its convenient location offers easy access to local amenities and transportation routes. With its versatile zoning and prime location, this property is poised for significant appreciation. Serious inquiries are encouraged to explore the full potential of this remarkable land offering. The property is classified as both commercial and farm land, providing flexibility for a range of uses. The geographical coordinates are 26.0874839 latitude and -97.9569011 longitude.

    Property Features for 0 Fm 1015 Rd

    General Information

    Property type
    Farms
    Lot Size
    1,062,864 SF

    HighLights

    • $610,000 asking price.
    • 24.4‑acre land parcel.
    • Located in Progreso, Texas, in Hidalgo County, zip code 78579.
    • Currently used for row crop farming with residential development potential.
    • Frontage on N. Catarina Rd. (FM1015).
    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?
    Farm - 24.4 Acres, Commercial/Farm Potential
    Where is this farm located?
    The property is located at Fm 1015 Rd Progreso, TX.
    What is the asking price?
    The asking price for this property is $610,000.
    What are key features of this property?
    This property features: $610,000 asking price.; 24.4-acre land parcel.; Located in Progreso, Texas, in Hidalgo County, zip code 78579.
    Request Owner's contact information
    Fm 1015 Rd 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
    Fm 1015 Rd Progreso, TX 78579
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