000 White Ranch Rd La Feria, TX 78559
This exceptional 18.23-acre parcel in La Feria, Texas, presents a remarkable opportunity for residential development. Located at 000 White Ranch Road N, zip code 78599, this property boasts a prime location just one minute from the highway, offering convenient access to major cities within the Rio Grande Valley. The land is situated outside the city limits of La Feria, yet remains close to various commercial centers providing easy access to shopping and amenities. Approved plats are in place, facilitating immediate development. The property is already subdivided into 23 half-acre lots and 3 premium one-acre lots, totaling 26 potential homesites, ready for construction. Septic tank installation is approved, streamlining the building process. This represents a significant investment opportunity in a thriving real estate market, ideal for developers seeking to capitalize on the high demand for new homes in the Rio Grande Valley. The asking price for this exceptional development opportunity is $390,000. Serious inquiries are encouraged. Contact us to discuss terms and explore this lucrative venture. This Cameron County property is situated at latitude 26.1622192 and longitude -97.8013497.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.