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    Baker Dr Progreso, TX 78579

    For Sale
    $190,250

    Irrigated farmland, ideal homesite or ranchette.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 7.61-acre tract of land presents a unique investment opportunity in Progreso, Texas. Located on paved W. Baker Drive, this property boasts a desirable corner location and offers significant potential for various uses. Currently utilized as irrigated row crop farmland, the land is well-suited for development as a ranchette, providing ample space for a comfortable home and outdoor activities. Alternatively, the property's prime location and size make it an attractive option for residential homesites, offering the tranquility of rural living while remaining conveniently accessible. The property's address is TBD W Baker Drive, Progreso, TX 78579, within Hidalgo County. The land's geographical coordinates are 26.0874839 latitude and -97.9569011 longitude. The asking price for this exceptional property is $190,250. Given its size, location, and existing infrastructure, this land presents a compelling investment opportunity for those seeking a versatile property with significant development potential in a desirable Texas location. The paved road frontage ensures easy access, enhancing its appeal for both residential and agricultural purposes. Don't miss this chance to acquire a substantial piece of land in a growing area.

    Property Features for 0 Baker Dr

    General Information

    Property type
    Land
    Lot Size
    331,492 SF

    HighLights

    • $190,250 asking price.
    • 7.61‑acre land parcel.
    • Located in Progreso, Texas, in Hidalgo County, zip code 78579.
    • Irrigated row crop farmland.
    • Paved road frontage on W. Baker Dr.
    • Suitable for a ranchette or homesite.
    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 - Irrigated farmland, ideal homesite or ranchette.
    Where is this land located?
    The property is located at Baker Dr Progreso, TX.
    What is the asking price?
    The asking price for this property is $190,250.
    What are key features of this property?
    This property features: $190,250 asking price.; 7.61-acre land parcel.; Located in Progreso, Texas, in Hidalgo County, zip code 78579.
    (956) 464-7355
    Request Owner's contact information
    Baker Dr 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
    Baker Dr Progreso, TX 78579
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