0 Nn Moon Lk Dr Progreso Lakes, TX 78596
This exceptional 8.89-acre property in Progreso Lakes, Texas, presents a unique investment opportunity. Located directly across the street from Moon Lake, this land boasts convenient access via a paved road. Currently utilized as irrigated farmland, the property offers significant potential for various agricultural or development ventures. The expansive lot size provides ample space for a range of projects, while its strategic location near Moon Lake enhances its appeal and value. The Hidalgo County address, NN Moon Lake Drive S, 78596, ensures easy identification and accessibility. The property's existing irrigation system is a significant advantage, reducing initial setup costs for agricultural pursuits. With its prime location and existing infrastructure, this land is ready for immediate use or future development. The flat terrain and established agricultural use make this a highly desirable parcel. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. The latitude and longitude coordinates are 26.0601168, -97.9633514, respectively. The asking price for this remarkable land is $222,250.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.