0 Lion Lake Dr Progreso Lakes, TX 78596
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.
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
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.