028 Mile 4Mercedes, TX 78599

Property Details for 028 Mile 4

Lot size

28.30 AC

Property type

Land

Property subtype

Apartment buildings

Description

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.

Location Insight

City

Mercedes

County

Hidalgo

State

Texas

Latitude

26.2085

Longitude

-97.9755

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