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Property profile & analytics
OFF-MARKET
Land

1008 Mayberry Blvd Alton, TX 78573

25 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 25.152-acre property boasts stunning Lake Alton frontage on two sides, presenting a unique opportunity for development. Zoned for agricultural use, the land offers significant potential for a variety of projects, including residential subdivisions, multi-family complexes, or apartment buildings. The mature trees provide a naturally beautiful landscape, enhancing the property's appeal and offering established shade. The asking price is $1,375,000, translating to $55,000 per acre. Located at 1008 N Mayberry Blvd, Alton, TX 78573, in Hidalgo County, this fee simple ownership offers a rare combination of size, location, and natural beauty. The seller has thoughtfully stocked the lake with fish, adding to the recreational value of this remarkable property. This is a truly exceptional opportunity for investors seeking a prime development site in a desirable Texas location. The property is easily accessible and offers significant potential for future growth and appreciation. Don't miss this chance to acquire a piece of Texas lakefront land with immense development potential.

Property profile
Verified
Property type Land
Lot 25 ac (1,089,000 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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