Mixed-Use Land for Sale in McAllen, Texas
Malaga Ln McAllen, TX 78573
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Map
Street
$300,000
3.8 acres
Active sale agoEst $2,242/mo
fantastic investment opportunity with this 3.71-acre parcel of land located near A&M University. This prime location is ideal for developing 1 or 2-bedroom apartments, making it perfect for students seeking convenient housing.
Key Features:
- Price: Approximately $80,000 per acre
- Zoning Potential: Suitable for fourplexes or larger apartment buildings; a preliminary sketch for a 72-unit development is available.
- School District: Located within the Sharyland School District, providing quality education options.
- Tax Advantage: Property is subject to county taxes, offering potential savings.
Location Benefits:
- Convenient Access: Just a short distance from university amenities and local attractions.
- Upcoming Developments: HEB is set to build at the corner of Ware and 107, enhancing local infrastructure.
- Road Expansion: Ware Road is slated to expand to six lanes, improving access and traffic flow.
Directions
Go North on TAylor towards mile 7 , one block before getting to mile 7 , tun right on Malaga, until the end of the road , you will see a my sign at the right , the road is enclosed that easement is the entrance to the property. Look at the the aeral image please so you can see the access to the property, call if you have questions .
Property details
- County
- Hidalgo County
- Community
- John H Shary
- Zoning
- C3
- Elevation
- 164 feet
- MLS Number
- GMAR 452587
- Date Posted
Parcels
- S295000000048812
Property taxes
- 2024
- $1,103
Nearby schools
Name | Level | District | Description |
---|---|---|---|
Olivero Garza Sr. | Elementary | — | — |
Sharyland North Junior | Middle | — | — |
Sharyland Pioneer H.S. | High | — | — |
Listing history
Date | Event | Price | Change | Source |
---|---|---|---|---|
Oct 31, 2024 | New listing | $300,000 | — | GMAR |
Payment calculator
Perla Castillo
Encore Fine Properties
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