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    Mile 16 Rd Monte Alto, TX 78538

    For Sale
    $1,695,375

    75 Acres Irrigated Farmland in Texas

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 75.35-acre farm presents a unique investment opportunity in Hidalgo County, Texas. Located near Edcouch, with a convenient paved frontage on Mile 16 Road N, this property boasts level terrain ideal for various agricultural uses. The land is equipped with an irrigation system, ensuring consistent water access for optimal crop production. The address is listed as TBD E Mile 16 Road N, Monte Alto, TX 78538. The property's flat topography simplifies cultivation and management, minimizing operational challenges. Given its size and infrastructure, this farm is well-suited for a range of agricultural ventures, from traditional row crops to specialized farming operations. The asking price for this turnkey agricultural property is $1,695,375. This represents a compelling investment in fertile Texas farmland with established infrastructure and convenient access. The property's location in Hidalgo County offers proximity to established agricultural markets and support services. Serious inquiries are encouraged to explore the full potential of this productive and well-maintained agricultural asset. The property is ready for immediate use, presenting a rare opportunity for immediate returns on investment. This is a prime opportunity to acquire a significant parcel of productive farmland in a desirable location.

    Property Features for 0 Mile 16 Rd

    General Information

    Property type
    Farms
    Lot Size
    3,282,246 SF

    HighLights

    • 75.35‑acre farm in Edcouch, TX, asking $1,695,375.
    • Located in Hidalgo County, Texas, near Monte Alto.
    • Property features paved frontage on Mile 16 Road.
    • Level and irrigated farmland.
    • Zip code 78538.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Monte Alto
    County
    Hidalgo
    State
    Texas
    Longitude
    -97.9810845
    Latitude
    26.3620451

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    FAQs

    What type of property is this?
    Farm - 75 Acres Irrigated Farmland in Texas
    Where is this farm located?
    The property is located at Mile 16 Rd Monte Alto, TX.
    What is the asking price?
    The asking price for this property is $1,695,375.
    What are key features of this property?
    This property features: 75.35-acre farm in Edcouch, TX, asking $1,695,375.; Located in Hidalgo County, Texas, near Monte Alto.; Property features paved frontage on Mile 16 Road.
    Request Owner's contact information
    Mile 16 Rd Monte Alto, TX 78538
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    Monte Alto, TX 78538
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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.

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    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.

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    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 16 Rd Monte Alto, TX 78538
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