3401 Rogers Rd McAllen, TX 78504
This expansive 209-acre farm located at 3401 W Rogers Road W, McAllen, Texas, 78504, presents a unique investment opportunity. Situated in Hidalgo County, this property boasts an enviable location directly across from Los Tres Lagos. The asking price is $25,000,000. The land is currently zoned as farmland, but offers significant potential for rezoning. The property's zoning could be altered to accommodate a variety of uses, including R-2, R-3 residential development, apartment complexes, or commercial ventures. This flexibility makes it an attractive proposition for developers seeking a large-scale project in a high-growth area. The seller is open to offers for the entire property or portions thereof, providing flexibility for various investment strategies. Given its size and prime location, this property represents a rare chance to acquire a substantial land holding with exceptional development potential in the thriving McAllen, Texas market. The property's coordinates are 26.2892001 latitude and -98.2322355 longitude.
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
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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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.