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    1009 E Cedar Ave McAllen, TX 78501

    For Sale
    $313,000

    Acreage - McAllen, TX

    Lot size:
    1.00 Acre
    Days on Market:
    17
    Last Refresh:
    Dec 15 at 9:06 am

    Property Features for 1009 E Cedar Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    R105002000000202
    Lot size
    1.00 Acre

    Building Details

    Architectural style
    Other

    Encore Fine Properties (956) 821-6170 [email protected]

    Listing agent Ricardo D. Martinez (956) 821-6170

    Listing date Nov 29, 2025

    MLS# 487950 Listing URL

    Copyright © 2025 Greater McAllen Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    McAllen Acreage Ready for Development

    This one-acre property is located in South McAllen. It is currently zoned as R3, which allows for the construction of condominiums, apartments, or townhomes. Construction plans for an 11-unit condominium complex are currently under review by the City of McAllen. The seller will provide approved construction plans for development and floor plan designs for the 11-unit complex prior to closing. The seller also offers development and construction services for the project.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    McAllen
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.209077
    Latitude
    26.203517

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    FAQs

    What type of property is this?
    Residential land & home lot - One acre in South McAllen, ready for development.
    Where is this residential land & home lot located?
    The property is located at 1009 E Cedar Ave McAllen, TX.
    What is the asking price?
    The asking price for this property is $313,000.
    What are key features of this property?
    This property features: - Prime location in South McAllen.; - 1 acre in South McAllen rezoned as R3, ideal for condominiums, apartments, or townhomes.; - Approved construction plans for an 11-unit condominium complex included.
    (956) 821-6170
    Request Owner's contact information
    1009 E Cedar Ave McAllen, TX 78501
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    McAllen, TX 78501
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1009 E Cedar Ave McAllen, TX 78501
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