0 Old Alice Rd Los Fresnos, TX 78566
This exceptional 10.15-acre farm presents a unique opportunity for agricultural investment in the thriving Los Fresnos, Texas area. Located at 0 Old Alice Road, zip code 78566, in Cameron County, this property boasts 10.15 acres of irrigated cropland, ideal for cultivating a variety of crops. The land's existing irrigation system significantly reduces the initial investment required to begin farming operations. Its location within a well-established agricultural region offers access to established markets and support networks, further enhancing its potential for profitability. The property's versatile nature allows for expansion and adaptation to various agricultural endeavors. The asking price for this prime farmland is $120,000. This represents a compelling investment opportunity for those seeking to establish or expand their agricultural holdings in a region known for its fertile land and strong agricultural economy. The property's coordinates are 26.0481878 latitude and -97.5039483 longitude. Serious inquiries are encouraged.
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
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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.