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Property profile & analytics
OFF-MARKET
Land

0 Iowa Rd Mission, TX 78574

12.12 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 12.12 ac (527,947 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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