1.48 Acres Lot
1.48 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Residential Lot
Listing Status Active
Purchase Type For Sale
Subdivision Amber Grove
MLS Listing ID 457227
HOA Y/N No
Originating Board Greater McAllen
Annual Tax Amount $1,200
Tax Year 2023
Lot Size 1.476 Acres
Acres 1.476
Property Description
There are 5 multi-family lots bundled together for the sale. They're zone for three 6-plex's, one 5-plex, and one duplex.
This community SOLD 9 total Fourplex's this year with solid comparables to back its value. Additionally, the remaining 5 lots are turn-key ready, utilities are connected, and permits are ready to pull. Of the five lots, three can be used for 6-plex's with an appraisal value of $730,000. While one lot can be used as 5-plex appraising at approximately $615,000. The last remaining lot is zoned for a duplex appraising at a value of $370,000. The total estimated project appraisal at approximately $3,175,000.
Location
State TX
County Hidalgo
Community Sidewalks, Street Lights
Exterior
Fence Wood
Community Features Sidewalks, Street Lights
Utilities Available Water Connected, Sewer Connected
View Y/N No
Building
Lot Description Corner Lot, Curb & Gutters, Professional Landscaping, Sidewalks, Sprinkler System
Faces From Expressway 83 (I-2) exit north on Conway Road to 2 Mile Road turn left to Trosper Road and turn right. Amber Grove Subdivision will be right in front of Escobar/Rios Elementary School.
Sewer City Sewer
Water Public, Sharyland WSC
New Construction No
Schools
Elementary Schools Escobar
Middle Schools Mission Junior High
High Schools Mission H.S.
Others
Tax ID A414900000001200
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