Current Use by Public Records
- Land
Property Details for 0 Mike Chapa Ave
- Year built
- 2018
- Property type
- Land
Description
This exceptional 21,740.796 square foot commercial land parcel in La Villa, Texas, presents a compelling investment opportunity. Located at 0 Mike Chapa Avenue, 78562, Hidalgo County, this property boasts significant potential for development. Built in 2018, the land currently includes eight fully leased apartment units (two fourplexes) and an additional fourplex that is 70% complete. This existing income-producing property provides immediate cash flow, while the remaining undeveloped land offers the potential to construct another fourplex, further enhancing the return on investment. The property's strategic location in La Villa, Texas, offers access to key transportation routes and a growing community. The asking price for this remarkable opportunity is $650,000. Tax ID A1250-00-000-0001-00. This is an ideal acquisition for investors seeking a blend of immediate income and future development potential in a thriving Texas market. The property's size and existing structures make it an attractive proposition for both experienced and emerging investors. Don't miss this chance to secure a valuable asset in a rapidly developing area.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- La Villa
- County
- Hidalgo
- State
- Texas
- Longitude
- -97.9288
- Latitude
- 26.2985
