150 Ac Los Fresnos, TX 78566
- Land
- 150.00 lot acres
Current Use by Public Records
- Land
Property Details for 150 Ac
- Lot size
- 150.00 lot acres
- Property type
- Land
Description
This exceptional 150-acre property in Los Fresnos, Texas, presents a unique development opportunity. Located on Henderson Rd, this land boasts over 1.5 miles of stunning Resaca frontage, offering unparalleled potential for creating over 25 exclusive waterfront lots. Previously a thriving citrus grove, the land is currently used for organic produce cultivation, showcasing its fertile and irrigated nature. The property enjoys the highest elevation in Los Fresnos, placing it within Flood Zone X, an area of minimal flooding risk. All utilities are readily available, simplifying development plans. The property is zoned Single Family District (R-1), ensuring straightforward residential development. The APN is Multiple. This is a remarkable opportunity to capitalize on the high demand for residential properties in this desirable location. The asking price is $5,880,000. The property's rich history, combined with its prime location and zoning, makes it an ideal investment for discerning developers seeking a high-return project. The 40-year-old citrus trees were lost in the 1989 freeze, but the land's productive capacity remains evident. This is a rare chance to acquire a substantial tract of land with exceptional waterfront access and development potential in a thriving Texas community. The Cameron County location and 78566 zip code add to its appeal.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Los Fresnos
- County
- Cameron
- State
- Texas
- Longitude
- -97.4854
- Latitude
- 26.0867
