Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    215 Lion Lk Dr Progreso, TX 78579

    For Sale
    $1,100,000

    40 Acres, Prime Texas Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 40.92-acre property, located at 215 W Lion Lake Drive N in Progreso Lakes, Texas, presents a remarkable investment opportunity. Situated in Hidalgo County, zip code 78579, this unimproved land offers unparalleled flexibility for a variety of development projects. Its convenient location near the border ensures easy access to regional amenities and transportation networks. The expansive lot boasts a diverse landscape, combining open spaces with natural beauty. This versatile land is suitable for a range of uses, including residential development, agricultural pursuits, or commercial ventures. Imagine creating a private retreat, establishing a working ranch, or building a thriving business on this substantial acreage. The property's size and location make it an attractive proposition for those seeking a significant investment in a dynamic Texas community. The asking price is $1,100,000. Latitude and longitude coordinates are 26.0874839, -97.9569011 respectively. This is a rare opportunity to acquire a large parcel of land with significant potential in a rapidly growing area. Don't miss your chance to shape the future of this remarkable property.

    Property Features for 215 Lion Lk Dr

    General Information

    Property type
    Farms
    Lot Size
    1,782,475 SF
    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

    Nearby Comparable

    • $346,560
      9.12 Acres

      Progreso Land: 9.12 Acres for Sale

      Prime Progreso land, development opportunity.
      0 Tbd Fm 1015 Rd, Progreso, TX 78579
      View Details
    • $906,000
      30.20 Acres

      Prime Progreso Land - Highway Frontage

      30.2 Acres, Excellent Location, Farmland
      0 Tbd Prolongacion Gonzalez Rd, Progreso, TX 78579
      View Details
    • $206,730
      22.97 Acres

      Progreso Farmland: 23 Acres

      Irrigated farmland, excellent row crop potential.
      0 Frontera Rd, Progreso, TX 78579
      View Details
    • $967,860
      25.47 Acres

      Progreso Land: 25 Acres Hwy Frontage

      Hidalgo County farmland, excellent investment.
      0 Tbd Military Rd, Progreso, TX 78579
      View Details
    • $650,000

      Progreso 9-Plex Investment Opportunity

      Nine-unit apartment building in Progreso, TX.
      0 Red Ant Dr, Progreso, TX 78579
      View Details
    • $610,000
      24.40 Acres

      Prime Progreso TX Land Investment

      24.4 Acres, Commercial/Farm Potential
      0 Fm 1015 Rd, Progreso, TX 78579
      View Details

    Nearby Similar for Sale

    • $200,000
      1,536 SF

      Income-Producing Duplex in Progreso, TX

      Two homes on one lot, perfect for rental income.
      1019 Frd St, Progreso, TX 78579
      View Details
    • $239,000
      0.50 Acres

      Versatile Property in High-Traffic Area

      Half-acre property suitable for retail, warehouse, or daycare.
      1204 S Fm 1015, Progreso, TX 78579
      View Details
    • $600,000
      2,536 SF

      Progreso Commercial Property - High Growth Area

      High-traffic corner lot, retail building, vacant land.
      121 Military Hwy, Progreso, TX 78596
      View Details
    • $650,000

      Progreso 9-Plex Investment Opportunity

      Nine-unit apartment building in Progreso, TX.
      0 Red Ant Dr, Progreso, TX 78579
      View Details

    FAQs

    What type of property is this?
    Farm - 40 Acres, Prime Texas Location
    Where is this farm located?
    The property is located at 215 Lion Lk Dr Progreso, TX.
    What is the asking price?
    The asking price for this property is $1,100,000.
    Request Owner's contact information
    215 Lion Lk Dr Progreso, TX 78579
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    215 Lion Lk Dr
    Progreso, TX 78579
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    215 Lion Lk Dr Progreso, TX 78579
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.