$1,750,000

00 Old Arroyo Cir., Arroyo City TX, 78583

Price per sqft$3.82

Lot size10.52 Acres

Property typeLand

Overview

Active

Listed Jan 15, 2025

Updated 13 days ago

Rare NNN ground lease investment opportunity. This 10.52 acre tract consists of 17 waterfront lots and 8 non waterfront lots on the Arroyo at Circle X. Each of the 17 waterfront lots are currently leased on long term ground leases, which produce $125,182.69 in annual income. The lease agreements provide for the properties to be appraised every five years and the rents to be adjusted according to the new appraisal, based on the Arroyo frontage for each lot. The 8 non waterfront lots, totaling 4.423 acres, are not currently leased. All of the lots have frontage on Old Arroyo Circle. The non waterfront lots could be leased to provide additional income. All of the waterfront lots have leasehold improvements. The property is a non recorded subdivision located in an unincorporated area of Cameron county and is not currently zoned. FEMA Flood Zone is A for the entire property. The property was appraised in 2023 for $2,500,000.00

Additional information

MLS^® ID: 29762128

Exterior Features

Lot Size: 10.52 Acres

Other Property Details

Waterfront: Yes

Listed by Donald Haire with COLDWELL BANKER COMMERCIAL RIO GRANDE VALLEY H
Listing Contact: 956-367-3313

The IDX display contains information sourced from the Rio Grande Valley Multiple Listing Service, Inc. as of 10/21/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

Data last updated on 10/21/2026 at 4:28 AM UTC