Ricardo Salazar REALTOR® · RCR Real Connect Realty
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Ricardo Salazar · REALTOR® · TREC #643769 · RCR Real Connect Realty (broker license #9012393)

Investor sheet · MLS# 29748221 · https://ricosalazar.com/properties/fm-106-fernando-rd-rio-hondo-tx-78573-29748221

For sale

$12,000,000

FM 106 Fernando Rd, Rio Hondo, TX 78573

acres
1,324.48
Check zoning, utilities and flood zone See the numbers →

MLS# 29748221 · Listed by Arthur Julian Masso, HOMESMART · Tel. 713-785-6666

  • TypeLand
  • Lot1,324.48 acres
  • Price / acre$9,060
  • Port of Brownsville≈ 35 min approx.
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Description

An exceptional opportunity awaits in Rio Hondo Texas. This expansive 1,324.48-acre tract of raw land located just minutes from Laguna Atascosa National Wildlife Refuge and approximately 35 minutes from South Padre Island, placing it at the crossroads of natural beauty and accelerating regional growth. This property offers a true blank canvas—free from restrictive limitations—ideal for large-scale residential, mixed-use, recreational, or master-planned development. A key advantage is the inclusion of a Municipal Utility District (MUD), a powerful asset for developers seeking to scale efficiently. The MUD allows for the structured financing, development, and long-term management of essential infrastructure such as water, wastewater, drainage, and roads, significantly reducing upfront capital burdens while supporting sustainable expansion. This land presents a rare opportunity to build a legacy project from the ground up. Call listing agent for details!

Property details

Type
Land · Acreage
Status
For sale
MLS#
29748221
Price
$12,000,000
Price per acre
$9,060
Lot size
1,324.48 acres
Subdivision
Espiritu Santo Grant
City
Rio Hondo
County
Cameron
Days on market
1,101
Listed
Oct 23, 2023
Last updated
Jul 30, 2026, 5:54 PM CT

Numbers for investors

Price per acre

$9,060

Source: MLS listing

Days on market

1,101

Source: MLS listing

Rental income
None while vacant

General information only, not legal, tax or financial advice. Ricardo Salazar is a licensed real estate agent, not an attorney, CPA or lender. Consult qualified professionals in the U.S. and Mexico.

Location and drive times

FM 106 Fernando Rd, Rio Hondo, TX 78573 Open in Google Maps (opens in a new tab)

  • Port of Brownsville≈ 35 min approx.
  • Gateway International Bridge≈ 35 min approx.
  • UTRGV Brownsville campus≈ 35 min approx.
  • B&M International Bridge≈ 35 min approx.
  • Veterans International Bridge at Los Tomates≈ 35 min approx.
  • South Padre Island (Queen Isabella Causeway)≈ 35 min approx.
  • SpaceX Starbase launch site, Boca Chica≈ 50 min approx.

Approximate car times computed from the map: city pace for the first 10 km, highway pace after that, and trips that would cross the ship channel go around it by the Port. They do not include traffic, bridge waits or launch-day road closures.

Schematic

Approximate positions; not a navigation map.

  • Area (opens its page)
  • International bridge
  • Main highway
  • Ship channel

Gateway Bridge to South Padre Island: ≈ 37 km (23 mi) in a straight line.

Base map data © OpenStreetMap

Buying from Mexico with a loan?

Ricardo is not a lender. Ask him which loan types exist for foreign buyers and which documents lenders usually request.

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Ask about this property

Ricardo Salazar

REALTOR® · TREC #643769

Ricardo Salazar

RCR Real Connect Realty

  • Español
  • English
Phone / WhatsApp
+1 (956) 592-5052
Website
https://ricosalazar.com/

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Land · Rio Hondo

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Listing office: HOMESMART

Listing agent: Arthur Julian Masso

Office contact: 713-785-6666

MLS# 29748221 · Last updated

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$12,000,000MLS# 29748221

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FM 106 Fernando Rd, Rio Hondo, TX 78573 · MLS# 29748221