00 Brown St Mercedes, TX 78570
- Land
Current Use by Public Records
- Land
Property Details for 00 Brown St
- Property type
- Land
- Property subtype
- Apartment buildings
Description
This exceptional investment opportunity presents 44 four-plex lots totaling 11,433.193 square feet of land in the thriving city of Weslaco, Texas. Located at 00 Brown Street, Weslaco, TX 78570 (Hidalgo County), this property offers significant potential for substantial returns. The asking price for this entire portfolio of lots is $89,000, representing a compelling value in the current market. The property is zoned for multifamily development, making it ideal for building apartment complexes or similar structures. This is a rare chance to acquire a large parcel of land suitable for multifamily development in a rapidly growing area. The location in Weslaco, Texas provides access to a strong rental market and offers investors the opportunity to capitalize on the increasing demand for housing in the region. The property's size and zoning make it an attractive proposition for both individual and institutional investors seeking to expand their multifamily holdings. This is a turnkey opportunity to acquire a significant land portfolio ready for immediate development. Don't miss this chance to secure a substantial investment in a high-growth Texas market. Act quickly, as these lots are expected to sell rapidly.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Mercedes
- County
- Hidalgo
- State
- Texas
- Longitude
- -97.8939
- Latitude
- 26.1792
