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Buddy Owens Three Mile Line 23 Acres of Commercial Land Offered at $1,900,000 in Palmhurst, TX 78574
Investment Highlights
- Large ±35.93-acre tract positioned at the northeast corner of Buddy Owens Blvd and Mayberry Road.
- Located within 1/8 mile of Walmart, H-E-B, and prominent national retailers/restaurants.
- Public utilities available: Sharyland Water Supply in area; City of Mission sewer lines nearby.
- Currently under agricultural use with perimeter fencing in place.
- Strong potential for residential community development or mixed-use conversion (subject to approvals).
- Easy access to Mission, McAllen, and Sharyland ISD schools, enhancing residential appeal.
Executive Summary
This ±35.93-acre tract at the northeast corner of Buddy Owens Boulevard (also known as 3 Mile Line) and Mayberry Road offers a prime development opportunity in Palmhurst, Texas. The property’s size and location make it suitable for residential subdivision development with minimum 1-acre lots or potential mixed-use applications, subject to city approvals. Currently utilized for agricultural purposes, this site is perimeter fenced and maintained for livestock or hay production.
Located just 1/8 mile west of major retailers and dining options—including Walmart Supercenter, H-E-B, Applebee’s, and Whataburger—the property benefits from strong neighboring commercial activity and growing consumer demand. Key infrastructure is available, with water services provided by Sharyland Water Supply and sewer connection options available through the City of Mission.
The regional setting of Palmhurst, in proximity to Mission and McAllen, provides convenient access to key Rio Grande Valley roadways, making this tract attractive for developers focused on residential or mixed-use projects near expanding population and retail corridors.
Located just 1/8 mile west of major retailers and dining options—including Walmart Supercenter, H-E-B, Applebee’s, and Whataburger—the property benefits from strong neighboring commercial activity and growing consumer demand. Key infrastructure is available, with water services provided by Sharyland Water Supply and sewer connection options available through the City of Mission.
The regional setting of Palmhurst, in proximity to Mission and McAllen, provides convenient access to key Rio Grande Valley roadways, making this tract attractive for developers focused on residential or mixed-use projects near expanding population and retail corridors.
Property Facts
| Price | $1,900,000 | Property Subtype | Commercial |
| Sale Type | Investment | Total Lot Size | 23.00 AC |
| No. Lots | 1 | Cross Streets | Mayberry Road |
| Property Type | Land |
| Price | $1,900,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 23.00 AC |
| Cross Streets | Mayberry Road |
1 Lot Available
Lot
| Price | $1,900,000 | Lot Size | 23.00 AC |
| Price Per AC | $82,608.70 |
| Price | $1,900,000 |
| Price Per AC | $82,608.70 |
| Lot Size | 23.00 AC |
Description
The site consists of approximately 35.93 acres of land located at the intersection of Buddy Owens Boulevard and Mayberry Road in Palmhurst, Texas. The property is bounded by an established retail corridor to the west and is currently zoned for single-family residential development with the possibility to rezone for commercial or institutional use subject to city approvals. Utilities include municipal water and sewer availability from providers in the area. The surrounding land use mix includes national retail chains, grocery stores, and residential neighborhoods.
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Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | W0100-00-033-0009-00 | Improvements Assessment | $0 |
| Land Assessment | $1,976,150 | Total Assessment | $1,976,150 |
Property Taxes
Parcel Number
W0100-00-033-0009-00
Land Assessment
$1,976,150
Improvements Assessment
$0
Total Assessment
$1,976,150
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Buddy Owens Three Mile Line