0 Iowa Rd Mission, TX 78574
This exceptional 12.12-acre farm presents a unique opportunity for those seeking a tranquil rural escape near Mission, Texas. Located at 0 Iowa Road, Penitas, TX 78574, this expansive property offers ample space to design and construct a custom home, fulfilling the dream of country living. The land's size provides considerable flexibility for various building plans, allowing for a spacious residence and potentially additional structures. The property's location in Hidalgo County offers a blend of seclusion and convenient access to nearby urban amenities. The asking price for this idyllic farm is $199,900. This represents a compelling investment in a peaceful setting, perfect for those seeking a change of pace and the chance to create their own rural oasis. The property's zoning and potential for development should be independently verified. Buyers are encouraged to conduct their own due diligence regarding utilities, building permits, and other relevant factors before making a purchase decision. This 12.12-acre parcel is ready for its next chapter, offering a blank canvas for your rural dreams. Don't miss this chance to own a piece of Texas farmland.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.