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Property profile & analytics
OFF-MARKET
Land

11911 Mile 9 Rd Alton, TX 78573

10.85 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 10.85-acre property in Hidalgo County, Texas, presents a unique investment opportunity. Located at 11911 Mile 9 Road, McAllen, TX 78573, this rectangular parcel boasts over 700 feet of road frontage, offering significant development potential. The land is flat and elevated, providing a versatile canvas for various uses. Currently, the majority of the land is cleared and used for pasture, with approximately 2.5 acres dedicated to cultivating edible nopal. Three existing irrigation lines enhance the agricultural viability of the property. The location offers a desirable blend of rural serenity and urban accessibility. Situated minutes from Monte Cristo Road and 7 Mile Line, it provides convenient access to the Rio Grande Valley. Major retailers such as H-E-B, Walmart, Jr's Supermarket, and Los Pinos Hardware are within a 15-20 minute drive. The property is suitable for subdivision into two 5+ acre parcels, or it can be enjoyed as a single, expansive estate. Owner financing is available. This property is perfect for investors, developers, or anyone seeking a large, versatile tract of land in a convenient location. The asking price is $300,000.

Property profile
Verified
Property type Land
Lot 10.85 ac (472,626 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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