9400 Monte Cristo Rd Linn, TX 78541
This exceptional 100-acre parcel presents a rare opportunity for large-scale development in a booming Texas market. Located at 9400 W Monte Cristo Road, Edinburg, TX 78541, this residential land boasts a prime location just half a mile west of the Tres Lagos mega-development in Hidalgo County. The property is currently undergoing significant improvements, with recent brush removal and elevation work completed across the entire 100 acres. This ensures a level and prepared building site, minimizing initial development costs. The sellers have proactively addressed site preparation, making this property ready for immediate development plans. The potential for expansion exists, as adjacent land owned by family members may also be available for acquisition. This presents a unique chance to secure a substantial land holding in a rapidly transforming area, offering significant long-term investment potential. The property's address is 9400 W Monte Cristo Road, Edinburg, Texas, 78541, and is zoned for residential use. The asking price for this remarkable opportunity is $7,500,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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