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$3,926,250

$5,235,000

52.35 AC EXPRESSWAY 77, LOS FRESNOS, TX, 78566

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About this property

Prime +/- 52.35 Acre Development Opportunity between Rancho Viejo and the ne Olmito Rd. This +/-52.35 acre tract offers exceptional visibility and accessibility with approximately 1,085 feet of frontage along Interstate 69E. Positioned in a rapidly growing area influenced by the nearby SpaceX development, LNG Gas Plant and coming 2028, the expected Texas LGP Energy Plant. Just south of the South Texas Medical Professionals School and the new Madeira Subdivision Development. This property presents a rare opportunity for residential development, large scale commercial or industrial development. This high-profile location is ideal for developers looking to capitalize on the explosive regional growth. Signage is visible from the expressway. East Rio Hondo water and sewer is available but buyer needs to check with East Rio Hondo water on Sewer capacity.

Investor Tools

$0Estimated Mortgage Balance
$3,926,250Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$23,558 /month
Positive
Cash Flow Estimate:
$7,853 /month

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STEPHANIE GREEN

ROCKING K REALTY & AUCTIONS

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

City: LOS FRESNOS

52.35 AC EXPRESSWAY 77 | Property Details | No Agent List