Now that American Electric Power Texas is investing in its electric grid infrastructure, the company is seeking to purchase land in key locations across McAllen.
The goal is to reduce the frequency of power outages and improve the resiliency of its network. The Corpus Christi-based company is already a significant landowner in Hidalgo County, with over one hundred lots in its portfolio, according to the Hidalgo County Appraisal District, as analyzed by the Rio Grande Valley Business Journal.
That’s because AEP Texas is an electric transmission company, a regulated utility provider that owns, operates, and maintains electric substations, which are connected to high-voltage power lines across its network, including the Rio Grande Valley.
The appraised value of real estate owned by AEP Texas in Hidalgo County is more than $35 million across 103 lots, appraisal district records show. When personal property, or the value of its physical infrastructure, is included, AEP Texas was the largest taxpayer in Hidalgo County in 2024. The taxable value of its holdings was $607 million in Hidalgo County last year, according to the annual appraisal district report.
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Kristen Mosbrucker-Garza
Reporter
Kristen Mosbrucker-Garza is a versatile multimedia news reporter who lives and works along the Texas-Mexico border in Hidalgo County. Mosbrucker-Garza is a news reporter for the Rio Grande Valley Business Journal. During her career she's worked for the McAllen Monitor, San Antonio Business Journal, The Advocate Newspaper in Louisiana, Phoenix New Times, and public media outlets in Baltimore and Philadelphia.
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