$360,000
SOLD SEP 18, 2024
Last list price

40 Ac. E Fm 1762 Raymondville, TX 78580

40 Acres
$9,000 Price per Acre
1,742,400 Sq Ft Lot

Recently Sold

28 Days on Market

Highlights

  • Horses Allowed On Property
  • 40 Acre Lot
  • No HOA

About This Lot

As of April 2025

40 Acre of Irrigated Farmland on the corner of FM 1762 & Cemetery Rd. just north of Raymondville, TX. This land has 1320' of frontage on FM 1762 (paved highway) and 1320' of frontage on Cemetery Rd (gravel county road). The land has access to city water along both roads and access to electricity along both roads. This land is leased to a wind energy co. and there is a turbine in the southern sector of the land. This windmill currently pays $12,000/year in base rent with the potential for overage (extra production). The lease started in 2018 and runs through 2047 with increases in base rent in 2028 ($13,500/year) and 2038 ($15,000/year). The land is irrigated and it is leased to a local farmer through 8/31/25. It features good soils and the best flood zone rating given by FEMA.

Last Agent to Sell the Property

Ryan Busse

ROCKING K REALTY & AUCTIONS Brokerage Phone: 9564250500 License #TREC # 0474107 Listed on: 08/08/2024

Last Buyer's Agent

Jasen Hardison

Star Properties Real Estate License #TREC # 0431475

Property Details

Property Type

  • Land

Lot Details

  • 40 Acre Lot
  • Property fronts a county road

Schools

  • Myra Green Middle School
  • Raymondville High School

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Gulf Coast Irrigation Company Subdivision

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Topography: Bench Leveled
  • Property Sub-Type: Acreage
  • PropertyType: Land
  • ResoCommunityFeatures: None
  • Current Use: Unimproved, Row Crops
  • Reso Fencing: None
  • ResoLotFeatures: None
  • Lot Size Acres: 40
  • Road Frontage Type: County Road, FM Road
  • Road Surface Type: Caliche, Paved
  • Co List Office Phone: 956-425-0500
  • MLS Status: Sold
  • Subdivision Name: Gulf Coast Irrigation Company
  • NAV25_rets_property_type: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Farm, Horses, Residential

Exterior Features

  • Horse: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, Phone Available, Water Available
  • Electricity On Property: Yes
  • Water Source: Available, Public, City & Irrigation Water, North Alamo Wsc

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Other
  • High School: Raymondville
  • Junior High Dist: Raymondville I.S.D.
  • Middle Or Junior School: Myra Green

Lot Info

  • Lot Size Sq Ft: 1742400
  • ResoLotSizeUnits: Acres

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2025 04/02/25 Sold -- -- --
03/19/2025 03/19/25 Pending -- -- --
03/07/2025 03/07/25 For Sale $400,000 0.0% --
12/04/2024 12/04/24 Pending -- -- --
09/18/2024 09/18/24 Sold -- -- --
09/06/2024 09/06/24 Pending -- -- --
08/08/2024 08/08/24 For Sale $400,000 +11.1% --
08/08/2024 08/08/24 For Sale $360,000 -- --
Source: Rio Grande Valley Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Rio Grande Valley Multiple Listing Service

MLS Number: 29755610

Rio Grande Valley Multiple Listing Service