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Property profile & analytics
OFF-MARKET
Commercial real estate

26600 Norene Dr Monte Alto, TX 78538

2.13 ac lot
Property ID
US82-6674166
Property summary
AI-generated overview

This exceptional 2.13-acre vacant lot presents a unique opportunity for residential development in the desirable Edcouch, Texas area. Located at 26600 Norene Drive, Edcouch, TX 78538 (Hidalgo County), this property offers a tranquil setting, ideal for building a custom home or establishing a small-scale ranch. Situated north of Monte Alto and south of Delta Lake, the land boasts a picturesque location. A significant advantage is the property's direct access to a canal, teeming with tilapia and catfish, providing recreational fishing opportunities right at your doorstep. This presents a unique lifestyle benefit and potential for sustainable food production. The asking price is $125,000. The seller is offering owner financing with a 50% down payment and a 10% interest rate, structured as a 10-year balloon payment. This property is zoned for residential use and offers a rare combination of peaceful surroundings and convenient access to local amenities. Don't miss this chance to own a piece of Texas countryside. Coordinates: 26.3953658, -97.9808013.

Property profile
Verified
Property type Commercial real estate
Lot 2.13 ac (92,783 SF)
UPID US82-6674166
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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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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