Mixed-Use Land for Sale in McAllen, Texas

Malaga Ln McAllen, TX 78573

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$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

Coordinates
26.3158, -98.3103
Community
John H Shary
Zoning
C3
Elevation
164 feet
MLS Number
GMAR 452587
Date Posted

Parcels

  • S295000000048812

Property taxes

2024
$1,103

This 3.8-acre property is located at Malaga Ln in McAllen, TX 78573 with latitude 26.3158 and longitude -98.3103. The property is currently available for sale for $300,000 with a price per acre of $78,864. Listing data is sourced from Greater McAllen Association of Realtors # 452587.

Verify sale details at the property source or contact Encore Fine Properties at (956) 821-6170.

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Copyright (C) 2024 Greater McAllen Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Updated . Checked 2 hours ago. Parcel data by Regrid.

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