0 Nebraska RdAlamo, TX 78516

For Sale
$640,000

8.22 Acres, Entitled, Ready to Build

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 8.22-acre development opportunity in Alamo, Texas, presents a unique chance to capitalize on a prime location. Situated on Nebraska Road, this property boasts convenient access to major roadways and is ideally positioned near Robert Balli Public Park and Gus Guerra Elementary School. The land is already entitled for multifamily development, with approved site plans readily available. A Notice to Proceed has been granted, eliminating delays and allowing for immediate commencement of construction. This translates to significant time and cost savings for the buyer. The property's zoning and entitlements are in place, minimizing potential hurdles in the development process. The 8.22-acre lot offers ample space for a substantial residential project, catering to the growing demand for housing in the area. This turnkey opportunity combines a strategic location with streamlined approvals, making it an attractive investment for developers seeking a fast-track project with minimal pre-development hurdles. The asking price is $640,000. This property is zoned for residential use and is classified as land and multifamily, specifically a duplex/triplex/quadruplex. The property's address is 0 Nebraska Road, Alamo, TX 78516, within Hidalgo County.

Highlights

  • $640,000 asking price.
  • 8.22-acre multifamily land parcel in Alamo, TX.
  • Located on Alamo Road, near expressway, Robert Balli Public Park, and Gus Guerra Elementary.
  • Entitled land with approved site plans and Notice To Proceed; construction can begin immediately.
  • Ideal for residential development.

Property Details for 0 Nebraska Rd

Property type
Multifamily properties, Apartment buildings
Lot Size (sq. ft)
358,063 SF

Location Insight

City
Alamo
County
Hidalgo
State
Texas
Latitude
26.1932881
Longitude
-98.1011111
Nebraska Rd, Alamo, Texas

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0 Nebraska Rd
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