Nebraska Rd Alamo, TX 78516

Property Details for 0 Nebraska Rd

Lot size

8.22 lot acres

Property type

Land

Property subtype

Apartment buildings

Description

This exceptional 8.22-acre development opportunity in Alamo, Texas, presents a unique chance to capitalize on a prime location. Situated on Nebraska Road, this property boasts convenient access to major roadways and is ideally positioned near Robert Balli Public Park and Gus Guerra Elementary School. The land is already entitled for multifamily development, with approved site plans readily available. A Notice to Proceed has been granted, eliminating delays and allowing for immediate commencement of construction. This translates to significant time and cost savings for the buyer. The property's zoning and entitlements are in place, minimizing potential hurdles in the development process. The 8.22-acre lot offers ample space for a substantial residential project, catering to the growing demand for housing in the area. This turnkey opportunity combines a strategic location with streamlined approvals, making it an attractive investment for developers seeking a fast-track project with minimal pre-development hurdles. The asking price is $640,000. This property is zoned for residential use and is classified as land and multifamily, specifically a duplex/triplex/quadruplex. The property's address is 0 Nebraska Road, Alamo, TX 78516, within Hidalgo County.

Location Insight

City

Alamo

County

Hidalgo

State

Texas

Longitude

-98.1011

Latitude

26.1933