Current Use by Public Records
- Land
Property Details for 1043 Mile 14 1/2
- Property type
- Land
- Property subtype
- Apartment buildings
Description
This exceptional investment opportunity encompasses a combined 5 acres of land in Weslaco, Texas, strategically located at 1043 E Mile 14 1/2 North Road, zip code 78596. The offering includes a 1-acre vacant lot, ideal for development, alongside an additional 1-acre parcel featuring an existing house (MLS#443005), and a contiguous 3-acre tract (MLS#443003). This unique package presents a compelling proposition for investors seeking significant land holdings in a desirable location. The property is classified as land and multifamily, suitable for various development projects, including residential construction. The 1-acre vacant lot, situated just off the main road, provides ample space for a new build or expansion. The combined 5 acres offer substantial potential for future growth and appreciation. The property's location in Hidalgo County, Texas, offers convenient access to local amenities and infrastructure. This is a rare opportunity to acquire a substantial land holding in a growing area. Note that the three parcels (1 acre vacant lot, 1 acre with house, and 3 acre lot) are being sold together as a single package and will not be sold separately. The asking price for the entire 5-acre property is $35,000. Detailed information regarding the individual parcels is available upon request.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Weslaco
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.0026
- Latitude
- 26.2642
