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00 Old Arroyo Cir., 
Arroyo City, TX 78583

$1,750,000

—

Bed

—

Bath

-

Sq Ft

10.52

Acres (Lot)

Land

Virtual Tour

Pending

Listed by

Donald Haire
Coldwell Banker Impact Properties

956-425-7098

Last updated:

January 22, 2026, 05:59 PM

MLS#

29762128

Source:

TX RGV

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About This Land

00 Old Arroyo Cir.

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

Land Facts

Description/Design:

Land

Lot Size (Acres)

10.52

MLS #:

29762128

Last Updated:

January 22, 2026, 05:59 PM

Added:

7 day(s) ago

Finances & Disclosures

Finances

Price:

$1,750,000

00 Old Arroyo Cir.
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Donald Haire

(956) 425-7098

(956) 425-7098

Contact
Source:TX RGV
The information being provided by Rio Grande Valley Multiple Listing System, Inc. is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Rio Grande Valley Multiple Listing System, Inc. All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.