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    Tbd Prolongacion Gonzalez Rd Progreso, TX 78579

    For Sale
    $906,000

    30.2 Acres, Excellent Location, Farmland

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 30.2-acre land parcel presents a unique investment opportunity in Progreso, Texas. Boasting significant highway frontage along Highway 281 (Military Hwy), this property offers unparalleled accessibility and visibility. Currently utilized as row crop farmland, the land's versatile nature allows for a wide range of potential development scenarios. Located in Hidalgo County, with a precise address of TBD Prolongacion Gonzalez Road, Progreso, TX 78579 (latitude 26.0874839, longitude -97.9569011), this expansive tract provides ample space for various projects. The asking price for this remarkable property is $906,000. Its strategic location and substantial size make it an ideal candidate for commercial development, agricultural expansion, or other large-scale ventures. The existing farmland provides a solid foundation for immediate income generation or future development plans. Serious inquiries are encouraged to explore the possibilities this prime Texas land offers. The property is conveniently located within easy reach of Progreso's amenities and infrastructure, further enhancing its appeal to prospective buyers. This is a rare opportunity to acquire a significant land holding in a rapidly growing area.

    Property Features for 0 Tbd Prolongacion Gonzalez Rd

    General Information

    Property type
    Land
    Lot Size
    1,315,512 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

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    FAQs

    What type of property is this?
    Land - 30.2 Acres, Excellent Location, Farmland
    Where is this land located?
    The property is located at Tbd Prolongacion Gonzalez Rd Progreso, TX.
    What is the asking price?
    The asking price for this property is $906,000.
    (956) 464-7355
    Request Owner's contact information
    Tbd Prolongacion Gonzalez 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

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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.

    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
    Tbd Prolongacion Gonzalez Rd Progreso, TX 78579
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