PRIME PROPERTY AT A PRIME LOCATION!! Almost 10 acres of PRIME PROPERTY on Sugar Rd. between Nolana and Pecan. Quick Access to Interstate 69, short drive-time to UTRGV, Doctors Hospital at Renaissance, shops, eateries and more. A Developer could fit 29-31 Multi-family lots on this property (PENDING ENGINEER APPROVAL) and anywhere between an estimate of 116 Units to 124 Units. Utilities on site for current Residential Home. This is an IMPRESSIVE, as well as, BEAUTIFUL tract of land that can stay as a family ranch within the city or be developed into a great income-producing project. No Survey on file. Home sold AS IS. This property includes 2 legal descriptions: the front home is 2 acres and the back adjacent land is 7.78 acres. Tax annual payment includes residential and acreage all together. Take advantage of the OPPORTUNITIES and bring an offer. This property will not last long!
Vacant landProperty Type
9.78 acresLot Size
$65,745Price/Acres
Listed by Michael Karam• Keller Williams Realty Rgv
Bought with Michael Karam• Keller Williams Realty Rgv
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
4
Baths
3
Stories
—
Lot width
79 ft.
Lot depth
140 ft.
Lot size
2 Acres
Year renovated
1990
Sq. Ft.
2,727
Year built
1975
Style
Single Family Residential
County
Hidalgo County
APN
K2400-00-000-0119-04
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 10, 2023.
AO
Agricultural And/Or Open Space District
The agricultural and or open space district is to be used to promote orderly, timely, economical growth and to recognize current land use conditions. The district is a reserved area in which the future growth of the city might occur. It is the intent of this district that agricultural land be held in that use for as long as is practical and reasonable. This zoning is suitable for areas where development is premature because of a lack of utilities, capacity, or service, or where the ultimate land use has not been determined.; The zone is also to be used: To protect those areas that are unsuitable for development because of physical problems or potential health or safety hazards such as flooding. The usage of the land would be permanently restricted to low-intensity agricultural uses until such time as the property is proven to be suitable for development and is rezoned.; To provide a permanent greenbelt or open space buffer around uses that might otherwise be objectionable or pose environmental or health hazards.; To protect and preserve natural habitats of wildlife and/or plant life that are deemed critical by the planning and zoning commission.
Permitted uses
Include but are not limited to:
Agriculture
Ranch
Property details
Exterior
Lot Information
Lot Size Acres: 9.78
Lot Size Area: 9.78
Lot Size Units: Acres
Lot Features: Mature Trees
IrrigationSource: Irrigation Water District: HCID#1
Land Information
Water Source: Public, City
Property Information
Property Condition: House As Is
Road Surface Type: Paved
Road Frontage Type: City Street
Building Information
Building Area Units: Square Feet
Financial
Tax Information
Tax Legal Description: KELLY PHARR TRACT 2AC-N1/2-S1/2 LOT 119 and KELLY PHARR TRACT N1/2-S1/2 EXC 2AC HOMESITE LOT 119 7.78AC
Tax Year: 2020
Tax Annual Amount: $18,895
Agriculture Tax Value: 0
Lease / Rent Details Information
Leased Rent Share: N/A
Financing Information
Escrow: 15000
Utilities
Utility Information
Electric On Property: Yes
Sewer: City Sewer
Utilities: Cable Connected, City Garbage, Electricity Connected, Water Connected, Sewer Connected
Water Comments: Buyer Due Diligence.
Location
HOA Information
Association YN: No
School / Neighborhood
Elementary School: Ramirez
Elementary School District: PSJA ISD
Middle Or Junior School: LBJ
Middle Or Junior School District: PSJA ISD
High School: PSJA North H.S.
High School District: PSJA ISD
Location Details
Directions: From Nolana, Drive South on Sugar Rd. Property will be on the left hand side between two multi-family developments: Bronze St. and Emerald St.
Geocode Confidence: Unknown
Public facts
Beds: 4
Baths: 3.0
Sq. Ft.: 2,727
Stories: —
Lot Size: 2 acres
Style: Single Family Residential
Year Built: 1975
Year Renovated: 1990
County: Hidalgo County
APN: K2400-00-000-0119-04
Home facts updated by county records on Oct 10, 2023
Other
Listing Price Information
RATIO ListPrice By Original List Price: 1
RATIO List Price By ACRE: 92024.54
RATIO Current Price by Acres: 89468.3
RATIO Close Price By Original List Price: 0.97222
RATIO Close Price By List Price: 0.97222
RATIO Close Price By ACRE: 89468.3
Listing Information
Last Status: Pending
Buyer CC YN: No
Crops: None
Non Allowables: No
Around this home
Schools
Allen & William Arnold Elementary School
Public PreK-5 • Assigned • 0.4mi
8/10
Lyndon B Johnson Middle School
Public 6-8 • Assigned • 1.3mi
5/10
PSJA North High School
Public 9-12 • Assigned • 1.1mi
6/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
2/10 Fire Factor
0.00% chance of being in a wildfire in next 30 years
9/10 Heat Factor
7 days above 111° expected this year, 23 days in 30 years
8/10 Wind Factor
99% chance of strong winds in next 30 years
3/10 Air Factor
1 unhealthy days expected this year, 4 days in 30 years
Provided by First Street
Historical weather
Pharr, TX • 78577
Average low and high temperatures (°F)
71
51
81
59
89
65
87
70
93
75
96
79
96
78
100
78
95
77
92
70
86
65
78
60
Jan
Feb
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Apr
May
Jun
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Sun exposure
In this area, properties receive around 8.9 hours in
June and 4 hours in December, placing it below the
U.S. average for solar exposure.
8.9 hrs
4 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$611,000 – $740,000
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