1043 Mile 14 1/2 Weslaco, TX 78596
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.
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.
Costs & Benchmarks
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.