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    15 1/2 Rd Elsa, TX 78543

    For Sale
    $1,375,000

    Acreage - Elsa, TX

    Lot size:
    55.00 Acres
    Days on Market:
    273
    Last Refresh:
    Dec 8 at 11:06 am

    Property Features for 15 1/2 Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    AO
    APN
    W380000487000000, W380000482000000
    Lot size
    55.00 Acres

    Building Details

    Architectural style
    Other

    Cohrs Realty Group (956) 330-1878 [email protected]

    Listing agent Jonathan W. Cohrs (956) 464-7355

    Listing date Mar 11, 2025

    MLS# 400795 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

    Elsa, TX Irrigated Farmland

    This property consists of 55 acres of leveled and irrigated row crop farmland. It is currently leased to a local farmer on a yearly basis. The property is located in Elsa, Texas, within Hidalgo County. The zoning is AO.
    Location Intelligence

    Current Use by Public Records

    Farms

    Map

    City
    Elsa
    County
    Hidalgo
    State
    Texas
    Longitude
    -97.980804
    Latitude
    26.279905

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    FAQs

    What type of property is this?
    Farm - 55 acres of leveled, irrigated row crop farmland.
    Where is this farm located?
    The property is located at 15 1/2 Rd Elsa, TX.
    What is the asking price?
    The asking price for this property is $1,375,000.
    What are key features of this property?
    This property features: - Leveled and Irrigated Row Crop Farmland; - Currently Leased to Local Farmer; - Yearly Lease Agreement in place
    (956) 464-7355
    Request Owner's contact information
    15 1/2 Rd Elsa, TX 78543
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    Elsa, TX 78543
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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
    15 1/2 Rd Elsa, TX 78543
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