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Property profile & analytics
OFF-MARKET
Land

0 Lion Lake Dr Progreso Lakes, TX 78596

9.47 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 9.47-acre property, located at 0 S Lion Lake Drive in Progreso Lakes, Texas, presents a unique investment opportunity. Situated in Hidalgo County, zip code 78576, this fertile and level land is ideally suited for a variety of uses. Currently configured as irrigated row crop farmland, it offers significant agricultural potential. The property's flat topography and existing irrigation system make it ready for immediate cultivation or development. Alternatively, its expansive size and desirable location make it an excellent candidate for a custom homesite or a tranquil ranchette. The property's coordinates are 26.0718961 latitude and -97.9575849 longitude. With its combination of agricultural viability and residential potential, this land offers a rare blend of versatility and opportunity. The asking price for this exceptional property is $307,775. Don't miss this chance to acquire a substantial piece of Texas land with diverse development possibilities.

Property profile
Verified
Property type Land
Lot 9.47 ac (412,513 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
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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