Estimated payment $9,651/month
About This Lot
Calling All Investors & Developers! Prime 20± Acre Opportunity on 5 Mile Road Location: Between Bryan and Stewart Rd with 429 feet of frontage.This rare 20± acre tract sits in a high-traffic corridor ideal for commercial, multifamily, or residential subdivision development. Located near North McAllen, this property offers excellent proximity to grocery stores, parks, schools, and established neighborhoods, making it a strategic site for a variety of projects.
Property Highlights:429' of frontage on 5 Mile Road
High visibility and heavy traffic counts, surrounded by growing residential and commercial developments.Utilities available (verify with city)
Perfect For:Commercial centers, Multifamily apartments, Residential subdivisions, Mixed-use developments Owner Financing Available:
20% Down,9% Interest,5-Year Balloon,30-Year Amortization.Don’t miss this opportunity to develop in one of the most dynamic growth corridors in the Rio Grande Valley!
Property Details
Property Type
- Land
Est. Annual Taxes
- $3,102
Lot Details
- 19.71 Acre Lot
Schools
- Midkiff Elementary School
- Cantu Middle School
- Veterans Memorial High School
Community Details
- No Home Owners Association
- West Addition To Sharyland Subdivision
Listing and Financial Details
- Assessor Parcel Number G645000000004000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $44 | $1,904 | $1,904 | -- |
| 2024 | $44 | $1,794 | $1,794 | -- |
| 2023 | $59 | $2,405 | $2,405 | $0 |
| 2022 | $4,302 | $175,350 | $175,350 | $0 |
| 2021 | $3,371 | $135,270 | $135,270 | $0 |
| 2020 | $4,157 | $160,744 | $160,744 | $0 |
| 2019 | $4,192 | $156,062 | $156,062 | $0 |
| 2018 | $3,657 | $135,270 | $135,270 | $0 |
| 2017 | $3,688 | $135,270 | $135,270 | $0 |
| 2016 | $3,688 | $135,270 | $135,270 | $0 |
| 2015 | $2,932 | $108,216 | $108,216 | $0 |
| 2014 | $2,932 | $108,216 | $108,216 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/05/2026 03/05/26 | For Sale | $1,825,000 | +1026.5% | -- | |
| 02/09/2024 02/09/24 | Sold | -- | -- | -- | View Prior Sale |
| 01/15/2024 01/15/24 | Pending | -- | -- | -- | |
| 11/29/2023 11/29/23 | For Sale | $162,000 | -- | -- |
Source: Greater McAllen Association of REALTORS®
MLS Number: 497465
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of Greater McAllen Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information deemed reliable but not guaranteed.
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