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    E Mile 16 Rd N Elsa, TX 78543

    For Sale
    $3,357,550

    Acreage - Elsa, TX

    Lot size:
    95.93 Acres
    Days on Market:
    273
    Last Refresh:
    Dec 8 at 12:06 pm

    Property Features for E Mile 16 Rd N

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    AO
    APN
    W380000545000000, W380000546000000
    Lot size
    95.93 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# 400786 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 Development Tract

    This 95.93-acre development tract is located next to the New Idea School and Walmart in Elsa, TX. The property features paved frontage on Mile 16 and consists of level, irrigated farmland. The zoning is AO.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Elsa
    County
    Hidalgo
    State
    Texas
    Longitude
    -97.983091
    Latitude
    26.286924

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    FAQs

    What type of property is this?
    Agricultural land - 95.93 acres of level, irrigated farmland with paved frontage.
    Where is this agricultural land located?
    The property is located at E Mile 16 Rd N Elsa, TX.
    What is the asking price?
    The asking price for this property is $3,357,550.
    What are key features of this property?
    This property features: - Development tract next to Walmart; - Located next to the New Idea School; - Paved frontage on Mile 16
    (956) 464-7355
    Request Owner's contact information
    E Mile 16 Rd N 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
    E Mile 16 Rd N Elsa, TX 78543
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