141 Acres

Vacant Land for Sale
Catylist Listing ID: 30330547
Property Subtypes: Agricultural
Gross Land Area: 141 Acres
Sale Price: $951,750
Unit Price: $6,750 Per Acre
In Opportunity Zone? Yes
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 8/20/2019

Overview / Comments

Excellent farmland which can eventually be used for development. The property is irregular in shape and has a maximum north/south distance of about 2,600’ and a maximum east/west distance of about 3,700’. The property does not have direct frontage on an improved road but does have frontage on both the east and west sides of dedicated, but yet unimproved, Mile 2 ½ West. Current access is from a dirt surfaced road that extends west from Mile 2 road to the north east corner of the property. Property is located in Flood Zone “X”, area of minimal flooding. Municipal water and sanitary sewer service are not available but located nearby. There are approximately 134.75 tillable acres. The west 61.56 acres is located in the City of Mercedes and the remainder outside city limits. All the property lies within the Weslaco Independent School District.

Additional Details

Nearest MSA: McAllen-Edinburg-Mission
County: Hidalgo
Tax ID/APN: 108461
Area Description: Located west of Mile 2 West and north of Mile 9 North, northeast Weslaco, just east of FM 1015. Texas Department of Public Safety, Idea Academy, Mid Valley Industrial Park, and Mid Valley International Airport located within 2 miles. International Bridge with Mexico located 15 miles to the south.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,845 36,382 95,447
Median Age: 22.6 27.92 30.07
Households: 631 10,232 26,711


Photograph of Listing Agent

Randy Summers, CCIM

Davis Equity Realty STCAR CIE Member
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