11911 Mile 9 Rd Alton, TX 78573
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.
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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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.