0 Baker Dr Progreso, TX 78579
This exceptional 7.61-acre tract of land presents a unique investment opportunity in Progreso, Texas. Located on paved W. Baker Drive, this property boasts a desirable corner location and offers significant potential for various uses. Currently utilized as irrigated row crop farmland, the land is well-suited for development as a ranchette, providing ample space for a comfortable home and outdoor activities. Alternatively, the property's prime location and size make it an attractive option for residential homesites, offering the tranquility of rural living while remaining conveniently accessible. The property's address is TBD W Baker Drive, Progreso, TX 78579, within Hidalgo County. The land's geographical coordinates are 26.0874839 latitude and -97.9569011 longitude. The asking price for this exceptional property is $190,250. Given its size, location, and existing infrastructure, this land presents a compelling investment opportunity for those seeking a versatile property with significant development potential in a desirable Texas location. The paved road frontage ensures easy access, enhancing its appeal for both residential and agricultural purposes. Don't miss this chance to acquire a substantial piece of land in a growing area.
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.