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    11911 Mile 9 Rd Alton, TX 78573

    For Sale
    $300,000

    Prime Texas farmland, ideal for development or agriculture.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 10.85-acre property in Hidalgo County, Texas, presents a unique investment opportunity. Located at 11911 Mile 9 Road, McAllen, TX 78573, this rectangular parcel boasts over 700 feet of road frontage, offering significant development potential. The land is flat and elevated, providing a versatile canvas for various uses. Currently, the majority of the land is cleared and used for pasture, with approximately 2.5 acres dedicated to cultivating edible nopal. Three existing irrigation lines enhance the agricultural viability of the property. The location offers a desirable blend of rural serenity and urban accessibility. Situated minutes from Monte Cristo Road and 7 Mile Line, it provides convenient access to the Rio Grande Valley. Major retailers such as H-E-B, Walmart, Jr's Supermarket, and Los Pinos Hardware are within a 15-20 minute drive. The property is suitable for subdivision into two 5+ acre parcels, or it can be enjoyed as a single, expansive estate. Owner financing is available. This property is perfect for investors, developers, or anyone seeking a large, versatile tract of land in a convenient location. The asking price is $300,000.

    Property Features for 11911 Mile 9 Rd

    General Information

    Property type
    Farms
    Lot Size
    472,626 SF

    HighLights

    • 10.85‑acre rectangular parcel in McAllen, TX.
    • Over 700 feet of road frontage on Mile 9 Road.
    • Flat, elevated land, mostly cleared pasture with 2.5 acres of nopal cultivation and three irrigation lines.
    • Convenient access to Monte Cristo Road and 7 Mile Line, near major retailers.
    • Suitable for subdivision into two 5+ acre parcels or single estate use.
    • Owner financing available; $300,000 asking price.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Building Supply Spa & Massage Wholesale Shop Hair Salon Nail Salon Hotel & Motel Food Market Grocery Store Electronics Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Alton
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.3222759
    Latitude
    26.3452535

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    FAQs

    What type of property is this?
    Farm - Prime Texas farmland, ideal for development or agriculture.
    Where is this farm located?
    The property is located at 11911 Mile 9 Rd Alton, TX.
    What is the asking price?
    The asking price for this property is $300,000.
    What are key features of this property?
    This property features: 10.85-acre rectangular parcel in McAllen, TX.; Over 700 feet of road frontage on Mile 9 Road.; Flat, elevated land, mostly cleared pasture with 2.5 acres of nopal cultivation and three irrigation lines.
    Request Owner's contact information
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    Alton, TX 78573
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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
    11911 Mile 9 Rd Alton, TX 78573
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