Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Expansive Land Parcel in Roma Title is generated by Realmo AI

    00 FM 650 FM, Roma, TX 78584

    View on Map
    Claim this Listing
    Pending
    $85,000

    LAND - ROMA, TX

    Lot size:
    25.26 Acres
    Added:
    Feb 15, 2023
    Days on Market:
    1206
    Last Refresh:
    Jun 5 at 12:06 am

    Property Features for 00 FM 650 FM

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Pending
    Lot size
    25.26 Acres

    Utilities

    Utilities
    Electricity Available
    Sewer type
    Septic Tank

    We can help!

    Listing Contact
    VICTORIA RIVAS
    VICTORIA RIVAS

    Listing agent VICTORIA RIVAS License #0729121

    Listing office KELLER WILLIAMS LRGV 1313 E Washington Ave, Harlingen, TX

    Listing date Feb 15, 2023

    MLS# 29739373 Listing URL

    Copyright © 2026 Rio Grande Valley Multiple Listing Service Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Expansive 25‑acre parcel of undeveloped land.
    • Located in Roma, Texas.
    • Proximity to the Rio Grande Valley River.
    • Potential for residential, commercial, or mixed‑use development.
    • Electricity Available.
    • Septic Tank Sewer System.

    Overview

    This expansive 25.26-acre parcel of undeveloped land is located in the outskirts of Roma, Texas. The property is near the Rio Grande Valley River and is suitable for residential, commercial, or mixed-use development.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Roma
    County
    Starr
    State
    Texas
    Longitude
    -99.07482355
    Latitude
    26.42495195

    Nearby Similar for Sale

    • $189,000
      2,520 SF

      Roma, TX Retail Opportunity

      2,520 SF commercial property on US Hwy 83 in Roma.
      1208 N Grant Street, Roma, TX 78584
      View Details
    • $240,000
      5,153 SF

      Roma TX Fourplex Investment Opportunity

      Well-maintained fourplex in Roma, TX with immediate cash flow.
      933 E 4th Street, Roma, TX 78584
      View Details
    • $275,000
      7,190 SF

      Roma, TX Event Center

      5+ acre property with adaptable space, formerly an event center.
      907 N Eagle Avenue, Roma, TX 78584
      View Details
    • $440,000
      1,002 SF

      Roma Commercial Property on US

      Commercial property in Roma, TX with high visibility and traffic.
      1706 Grant Street, Roma, TX 78584
      View Details
    • $299,000
      2,212 SF

      Roma, TX Multi-Family Investment

      Fully leased multi-family property in Roma, TX with immediate income.
      601 East Allende Avenue, Roma, TX 78584
      View Details
    • $680,000

      Land Off Expressway 83

      5.4 acres of land for sale in Roma, Texas.
      US Highway 83, Roma, TX 78584
      View Details
    • $119,000

      Prime Corner Lot in Roma

      High-visibility commercial lot in downtown Roma with utilities in place.
      402 N Grant Street, Roma, TX 78584
      View Details
    • $98,000
      3,440 SF

      Commercial Shell Property in Roma

      Commercial shell on corner lot, ideal for various businesses.
      1407 N Grant Street, Roma, TX 78584
      View Details
    • $216,800

      Roma, TX Agricultural Land

      58.6 acres of fenced agricultural land in Roma, TX.
      San Julian, Roma, TX 78584
      View Details
    • $216,820

      Roma, TX Agricultural Land

      58.60 acres of fenced agricultural land in Roma, TX.
      SAN JULIAN, ROMA, TX 78584
      View Details
    • $216,820

      Roma, TX Agricultural Land

      58.6 acres of fenced agricultural land in Roma, TX.
      San Julian, Roma, TX 78584
      View Details
    • $216,820

      Roma, TX Agricultural Land

      58.6 acres of fenced agricultural land in Roma, TX.
      SAN JULIAN, ROMA, TX 78584
      View Details

    FAQs

    What type of property is this?
    Commercial land - 25-acre undeveloped land parcel near Rio Grande Valley River.
    Where is this commercial land located?
    The property is located at 00 FM 650 FM Roma, TX.
    What is the asking price?
    The asking price for this property is $85,000.
    What are key features of this property?
    This property features: Expansive 25‑acre parcel of undeveloped land.; Located in Roma, Texas.; Proximity to the Rio Grande Valley River.
    (956) 238-8392
    We can help!
    Listing Contact
    VICTORIA RIVAS
    VICTORIA RIVAS
    Real Estate License ID: 0729121
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    00 FM 650 FM, ROMA, TX 78584
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!