For Sale
$900,000

028 Mile 4Mercedes, TX 78599

28.3 Acres, Prime Weslaco Location

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional 28.3-acre property in Weslaco, Texas, presents a compelling investment opportunity. Zoned for commercial, residential, and multifamily development, this versatile land offers significant potential for various projects. Located at 028 N Mile 4 West Road, the property boasts convenient access to Expressway 83, placing it within minutes of major retailers like Walmart, HEB, and Academy, as well as N Bridge Ave and Mid Valley Airport. The asking price is $900,000, representing a below-market price per acre. The land's current use includes agricultural leasing, but its zoning allows for subdivision development, creating smaller, more valuable tracts. Alternatively, the property could be maintained as a ranch or developed into a single large-scale project. A survey is available for review. The seller is open to selling partial tracts of 10, 8, or 10 acres, with a price adjustment. A site visit reveals a desirable elevation, clean condition, and a picturesque frontage featuring mature trees and lush landscaping, remnants of a previous manufactured home. This property's prime location, flexible zoning, and attractive price point make it an ideal investment for discerning buyers seeking high-return potential in a rapidly growing area. The property is situated in Hidalgo County, Texas, with a zip code of 78599.

Highlights

  • 28.3-acre commercial, residential, and multifamily zoned land in Weslaco, TX.
  • Prime location near Expressway 83, Walmart, HEB, and Academy.
  • $900,000 asking price; below-market price per acre.
  • Flexible development options: subdivision, single large-scale project, or continued agricultural use.
  • Seller open to selling partial tracts (10, 8, or 10 acres).
  • Desirable elevation, clean condition, and attractive frontage.

Property Details for 028 Mile 4

Property type
Land, Apartment buildings
Lot Size (sq. ft)
1,232,748 SF

Location Insight

City
Mercedes
County
Hidalgo
State
Texas
Latitude
26.2085185
Longitude
-97.9754762
028 Mile 4, Mercedes, Texas

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028 Mile 4
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