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    Nn Moon Lk Dr Progreso Lakes, TX 78596

    For Sale
    $222,250

    8.89 Acres, Irrigated Farmland

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 8.89-acre property in Progreso Lakes, Texas, presents a unique investment opportunity. Located directly across the street from Moon Lake, this land boasts convenient access via a paved road. Currently utilized as irrigated farmland, the property offers significant potential for various agricultural or development ventures. The expansive lot size provides ample space for a range of projects, while its strategic location near Moon Lake enhances its appeal and value. The Hidalgo County address, NN Moon Lake Drive S, 78596, ensures easy identification and accessibility. The property's existing irrigation system is a significant advantage, reducing initial setup costs for agricultural pursuits. With its prime location and existing infrastructure, this land is ready for immediate use or future development. The flat terrain and established agricultural use make this a highly desirable parcel. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. The latitude and longitude coordinates are 26.0601168, -97.9633514, respectively. The asking price for this remarkable land is $222,250.

    Property Features for 0 Nn Moon Lk Dr

    General Information

    Property type
    Land
    Lot Size
    387,248 SF

    HighLights

    • $222,250 asking price.
    • 8.89‑acre land parcel.
    • Located in Progreso Lakes, TX, 78596.
    • Hidalgo County, Texas.
    • Across the street from Moon Lake.
    • Paved road access.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Progreso Lakes
    County
    Hidalgo
    State
    Texas
    Longitude
    -97.9633514
    Latitude
    26.0601168

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      Progreso Lakes Irrigated Farmland

      8.89 acres of irrigated farmland across from Moon Lake.
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    FAQs

    What type of property is this?
    Land - 8.89 Acres, Irrigated Farmland
    Where is this land located?
    The property is located at Nn Moon Lk Dr Progreso Lakes, TX.
    What is the asking price?
    The asking price for this property is $222,250.
    What are key features of this property?
    This property features: $222,250 asking price.; 8.89-acre land parcel.; Located in Progreso Lakes, TX, 78596.
    (956) 464-7355
    Request Owner's contact information
    Nn Moon Lk Dr Progreso Lakes, TX 78596
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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
    Nn Moon Lk Dr Progreso Lakes, TX 78596
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