28620 Fm 493 Monte Alto, TX 78538
This exceptional 6.69-acre property in Monte Alto, Texas, presents a unique opportunity for those seeking a tranquil ranch-style lifestyle. Located at 28620 N FM 493, Hidalgo County, zip code 78538, this land boasts a significant advantage: a substantial, pre-existing 4148 square foot concrete slab foundation, completed in 2023, ready for immediate construction. The property is further enhanced by the presence of mature trees, providing natural shade and beauty. Partially constructed stables are also on-site, offering potential for equestrian enthusiasts. The asking price for this expansive tract is $265,000. The land is classified as residential and offers ample space to build a custom home, taking full advantage of the existing foundation and the peaceful surroundings. The property's location in Monte Alto, Texas, provides a blend of rural tranquility and convenient access to local amenities. This is an ideal opportunity to create a personalized ranch home on a sizable lot, with significant groundwork already completed. The existing infrastructure significantly reduces the time and cost associated with new construction, making this a truly compelling investment. Don't miss this chance to own a piece of Texas countryside.
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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Risks
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