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Property profile & analytics
OFF-MARKET
Land

00 Red I Rnch Rd Raymondville, TX 78580

53.42 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 53.42-acre farm presents a unique investment opportunity in Willacy County, Texas. Located at 00 Red I Ranch Road, Raymondville, TX 78580, this property boasts a rich history of agricultural use, successfully cultivating sugar cane, onions, and other row crops for decades. Its AG-exempt status offers significant tax advantages. The land is equipped with one irrigation riser for efficient flood irrigation, drawing water from the Delta Lake Irrigation District. Conveniently situated north of Spence Road and west of Spence Rd on Red I Ranch, this location provides easy access to vital transportation routes. The expansive acreage is ideal for cattle ranching or continued row crop farming, offering substantial potential for agricultural production. The property's established history of successful farming, combined with its irrigation infrastructure and prime location, makes it an attractive proposition for experienced agricultural investors seeking a productive and profitable land investment in the heart of Texas' fertile farming region. The asking price is $599,000.

Property profile
Verified
Property type Land
Lot 53.42 ac (2,326,975 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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