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Property profile & analytics
OFF-MARKET
Land

000 White Ranch Rd La Feria, TX 78559

18.23 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 18.23 ac (794,099 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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