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Property profile & analytics
OFF-MARKET
Land

23609 1/2 Monte Alto, TX 78538

19.54 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 19.54-acre property in Hidalgo County, Texas, presents a unique investment opportunity. Located at 23609 Mile 2 1/2 W, Monte Alto, TX 78538, this versatile land boasts a blend of commercial, farm, and residential potential. The property is conveniently situated outside city limits, offering the advantages of low taxes and the peace of mind of being outside a designated flood zone. Included on the land is a small white house featuring two bedrooms, a combined living and dining area, and essential appliances including a stove, refrigerator, and window air conditioning unit. A smaller green house is also present on the site. The property's zoning allows for a variety of uses, making it suitable for development, agricultural pursuits, or establishing a private residence. The seller is open to selling a portion of the land, specifically 10 acres, separately, providing flexibility for potential buyers. This rare opportunity combines the benefits of rural living with the potential for significant returns. The property's location offers a blend of tranquility and accessibility, making it an attractive proposition for a diverse range of buyers. Detailed information on zoning regulations and potential development options is readily available upon request. Don't miss this chance to acquire a substantial piece of Texas land with diverse possibilities.

Property profile
Verified
Property type Land
Lot 19.54 ac (851,162 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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