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    Mile 17, Unit 16 Edinburg, TX 78542

    For Sale
    $1,200,000

    LAND - Edinburg, TX

    Lot size:
    13.82 Acres
    Days on Market:
    212
    Last Refresh:
    Dec 11 at 5:06 am

    Property Features for Mile 17

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    R502457
    Lot size
    13.82 Acres

    Utilities

    Water source
    Public

    CapStone Realty, PLLC (956) 408-0268

    Listing agent Juan Chavez (956) 638-8821 License #0616301

    Listing date May 14, 2025

    MLS# 459086 Listing URL

    Copyright © 2025 South Texas Multiple Listing Service, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    24-Acre Tract in Elsa, Texas

    This outstanding 24-acre tract is located in Elsa, Texas, offering a prime investment and development opportunity. The property is ideally located just steps from the Elsa Public Library and surrounded by established neighborhoods, retail centers like Dollar General, and city amenities. Fully served with utilities including city water, the property is easily accessible and positioned in a high-demand area, making it perfect for residential, commercial, or mixed-use projects. The property is 13.82 acres. With its strategic location, flat terrain, and immediate access to essential infrastructure, this parcel stands out as an attractive site for investors and developers seeking growth in a thriving community.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Edinburg
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.1036425
    Latitude
    26.3070397

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    FAQs

    What type of property is this?
    Land - Prime investment and development opportunity in Elsa, Texas.
    Where is this land located?
    The property is located at Mile 17, Unit 16 Edinburg, TX.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: - Prime 24-acre tract suitable for residential, commercial, or mixed-use development.; - Ideally located in Elsa, Texas, in a high-demand area.; - Fully served with utilities, including city water.
    (956) 638-8821
    Request Owner's contact information
    Mile 17, Unit 16 Edinburg, TX 78542
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    Edinburg, TX 78542
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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
    Mile 17, Unit 16 Edinburg, TX 78542
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