TBD Bixby Rd. # 1 #Tract 1

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TBD Bixby Rd. # 1 #Tract 1

La Feria, TX 78559
Asking Price
$220K
Asset Type
Farm Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • This farm land asset spans 10.01 acres in La Feria.
  • The property is currently listed for sale at 220000 dollars.
  • Located at TBD Bixby Rd. in the Rio Grande Valley.
  • The land is suitable for diverse agricultural and development uses.
  • The site sits within a growing agricultural submarket in Texas.

What's Special

La Feria, Texas, situated in the Rio Grande Valley, serves as a growing agricultural hub within the region. This 10.01-acre farm tract, located at TBD Bixby Rd., provides a substantial footprint for various land-based ventures. The property is currently available for sale, offering flexibility for investors or agricultural operators looking to establish or expand their presence in the local market. Given its size and classification, the tract is well-suited for traditional farming, livestock production, or long-term land development strategies. The surrounding area maintains a focus on agrarian activities and rural land use, benefiting from the region's climate and geographical positioning. This parcel represents a straightforward investment opportunity for those seeking to acquire acreage in a consistent agricultural corridor.

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NOI
$80,000
Cap Rate
36.36%
DSCR
6.12
Strong
Cash-on-Cash
101.42%
Monthly Payment
$1,088.44
Annual Cash Flow
$66,938.72

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