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Property profile & analytics
OFF-MARKET
Land

777 Mile 13 Weslaco, TX 78596

0.67 ac lot
Property ID
Property summary
AI-generated overview

This 0.67-acre commercial lot in Progreso Lakes, Texas, presents a unique opportunity for development. Located at 777 W Mile 13 N, Hidalgo County, zip code 78596 (latitude 26.242437, longitude -97.9980684), this property offers a quiet ranchette setting with all utilities readily available. The land is conveniently situated between Westgate Dr. and FM 88 on Mile 13 North, providing easy access to key transportation routes. A significant advantage is the absence of city taxes and HOA fees, minimizing ongoing costs. The property is outside FEMA flood zones, adding to its desirability. Development plans must adhere to minimum building requirements: a 1,500 square foot living area on a concrete foundation. Paved road access ensures convenient construction and future use. While this listing focuses on this specific 0.67-acre parcel priced at $85,000, it's important to note that larger lots are available at varying price points. This presents a compelling investment opportunity for those seeking a buildable commercial lot in a desirable, low-tax location.

Property profile
Verified
Property type Land
Lot 0.67 ac (29,185 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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