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    OFF-MARKET
    Land

    0 Paredes Line Rd, Brownsville, TX 78521

    105 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 105-acre property in Brownsville, Texas, presents a remarkable investment opportunity for developers and builders. Located at 0 Paredes Line Rd, Brownsville, TX 78521 (APN 251135), this expansive land parcel is zoned R and offers significant potential for residential development. The property's size allows for the creation of a substantial new community, catering to the growing demand for housing in Brownsville. Preliminary estimates suggest the possibility of subdividing the land into approximately 350 residential lots. Given the current market trends in the area, average lot prices could range from $85,000 to $110,000, depending on size, with projected average home prices between $350,000 and $499,000, depending on square footage. This presents a significant opportunity for substantial return on investment. The property is being offered for sale as a whole, but the possibility of selling in sections may be considered. This prime location in a rapidly expanding city offers unparalleled potential for a thriving residential development. The property is situated in Cameron County and offers easy access to the city's amenities and attractions. Note that images are for illustrative purposes only and do not represent a final plat approved by the city. Serious inquiries are encouraged to explore this unique opportunity further.

    Property profile
    Verified
    Property type Land
    Lot 105 ac (4,573,800 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
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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