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$875,000

8900 N Ware Road, McAllen, TX, 78504

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About this property

Rare five acre development tract positioned along Ware Road just north of Trenton, one of McAllen's fastest growing corridors. This multi use parcel delivers exceptional flexibility for residential or commercial development, surrounded by established rooftops and active subdivisions that signal steady demand and long term appreciation. The size and frontage make it a natural fit for a housing community, retail center, or mixed use project. Adding to the appeal, the tract currently generates income through an existing month to month tenant, allowing you to hold and earn while you plan and permit your build out. Owner financing is available with attractive terms, opening the door for investors and developers seeking a strategic foothold in a high visibility, high traffic location. Acreage of this size and position rarely reaches the market in this pocket of McAllen. Bring your vision and secure a cornerstone piece of the Valley's expanding growth path.

Investor Tools

$0Estimated Mortgage Balance
$875,000Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,250 /month
Positive
Cash Flow Estimate:
$1,750 /month

Interested in this property?

Victor Fuentes

BIG Realty

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Financing Details

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

City: McAllen

8900 N Ware Road | Property Details | No Agent List