0 Frontera Rd Progreso, TX 78579
This exceptional 22.97-acre property, located at TBD N Frontera Road N, Progreso, Texas 78579, presents a compelling investment opportunity in productive Hidalgo County farmland. Currently leased for row crop farming, this land boasts an established history of agricultural use, benefiting from efficient irrigation systems. The property's size offers significant potential for expansion or diversification of existing operations. Situated in the thriving agricultural region of Progreso, this parcel enjoys convenient access to vital transportation routes and supporting infrastructure. The asking price is $206,730. Detailed soil reports and lease agreements are available upon request. This is an ideal acquisition for established agricultural businesses seeking expansion or for investors looking to capitalize on the consistent returns of Texas farmland. The property's location in Hidalgo County, Texas, provides access to a robust agricultural support network, including experienced farm labor, equipment suppliers, and processing facilities. The existing lease provides immediate income potential, while the land's inherent productivity ensures long-term value. This is a rare opportunity to acquire a well-situated, productive farm in a prime agricultural location. Don't miss out on this chance to own a piece of Texas farmland. Contact us today to schedule a viewing.
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.