0 Moon Lake Dr Progreso Lakes, TX 78596
This exceptional 112.22-acre property presents a remarkable investment opportunity in the desirable Progreso Lakes area of Weslaco, Texas, nestled in Hidalgo County, zip code 78596. Located at 0 S Moon Lake Drive, this expansive land parcel offers unparalleled versatility, suitable for a diverse range of development projects. Its prime location near Moon Lake provides a picturesque setting, ideal for residential subdivisions or commercial ventures. The property's substantial size allows for the creation of a significant number of residential lots or the development of substantial commercial spaces. The existing zoning allows for commercial, residential, and other uses, opening doors to creative and lucrative development plans. The tranquil atmosphere of Progreso Lakes, combined with its proximity to Weslaco, offers a unique blend of peaceful living and convenient access to urban amenities. This presents a rare chance to capitalize on the growing demand for both residential and commercial properties in this burgeoning area. The seller is offering owner financing, making this an even more attractive proposition for discerning investors. Don't miss this chance to acquire a significant piece of Texas land with immense potential. Contact us today to explore the possibilities.
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
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.