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30231 Fernando East RD Rio Hondo, TX 78583
SOLD DATE : 01/30/2025Want to know what your home might be worth? Contact us for a FREE valuation!
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Key Details
Property Type Vacant Land
Sub Type Acreage
Listing Status Sold
Purchase Type For Sale
Subdivision San Benito Irrigated Land Co.
MLS Listing ID 457300
Sold Date 01/30/25
HOA Y/N No
Originating Board Greater McAllen
Annual Tax Amount $2,443
Tax Year 2024
Lot Size 10.000 Acres
Acres 10.0
Property Description
Prime Property with Income Producing Asset
This exceptional piece of property is ideally located a stone's throw away from the intersection of Centerline Rd and Fernando East Rd, providing easy access to major roads while still having a bit of privacy and tranquility. Located only 4 miles from the growing town of Rio Hondo and 5.2 miles from Arroyo City, you'll have easy access to local amenities and attractions.
One of the standout features of this property is the transferable wind turbine lease, which provides a consistent stream of income paid out on a quarterly basis. This unique opportunity allows you to pay off the land with the income generated from the wind turbine.
With 9.86 acres, this property is your sandbox. Spend your mornings fishing in the bay, taking in the stunning coastal views, and enjoy the thrill of dove hunting at sunset in the evening. Don't miss the chance to own your next investment opportunity!
Location
State TX
County Cameron
Community Horse/Livestock Allowed, Hunting Privileges
Exterior
Fence Barbed Wire, Non Privacy, Partial
Community Features Horse/Livestock Allowed, Hunting Privileges
Utilities Available Water Connected
View Y/N No
Building
Lot Description Other
Faces Start at Rio Hondo Bridge: Head west on FM 2925 from the Rio Hondo Bridge. Turn left onto FM 506: After about 1.2 miles, turn left onto FM 506 (also known as Rio Hondo Rd). Continue south on FM 506: Continue traveling south on FM 506 for about 4 miles. Turn right onto Fernando East Rd: Turn right onto Fernando East Rd (it will be a small road, look for signage). Continue to 30231 Fernando East Rd: Continue down the road until you reach your destination at 30231 Fernando East Rd, Rio Hondo, TX 78583. This route should take approximately 15-20 minutes depending on traffic.
Sewer Other
Water Other
New Construction No
Schools
Elementary Schools Rio Hondo
Middle Schools Rio Hondo Junior High
High Schools Rio Hondo H.S.
Others
Tax ID 7810104220000000
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