Multifamily-Ready Development
For Sale
$135,000
505 W Van Week St, Edinburg, TX 78541
Vacant lot zoned for multifamily use with architectural and engineering plans plus permit approval already in place.
Property SizeContact for details
Days on Market64
Property Features for 505 W Van Week St
General Information
Standard status
Active
Property subtype
Land
Taxes and HOA fees
Annual Taxes
$2,800
Listing Agency:
Top Tier Real Estate Group LLC
(956) 777-8833
Listed By:
Laura Macias
(956) 777-8833
Source:
Exprealty
Added: Jun 7
Changed: Aug 8
Last Checked: Jun 20 at 3:42PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Top Tier Real Estate Group LLC
Investment Insights
Based on property information with market context.
This is a vacant, ready-to-build development lot zoned for multifamily use. The property includes approximately $10,000 in architectural and engineering plans and includes permit approval valued at approximately $3,000.
The pre-development work is already underway, which can help reduce the time and cost typically associated with rezoning, planning, and permitting. Additional stated value is also included for architectural, engineering, and permit-related items.
Ideal for buyers looking for a site where key development steps have already been completed, the lot is positioned for immediate multifamily development following the remaining process steps at the project level.
The pre-development work is already underway, which can help reduce the time and cost typically associated with rezoning, planning, and permitting. Additional stated value is also included for architectural, engineering, and permit-related items.
Ideal for buyers looking for a site where key development steps have already been completed, the lot is positioned for immediate multifamily development following the remaining process steps at the project level.
Key Highlights
- Vacant lot zoned for multifamily use
- Includes architectural and engineering plans valued at approximately $10,000
- Permit approval included, valued at approximately $3,000
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,118
Businesses Nearby
Explore this area
Business Placement
Demographics for 78541, TX
48,513
Population
17,669
Households
2.7
Avg Household Size
28
Median Age
25%
College-Educated
77%
High-School Grad
290.2 sq mi
ZIP Area
167
Density / Sq Mi
$50,567
Median Household Income
$30,752
Median Earnings
$945
Median Rent
$142,600
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Vacant lot zoned for multifamily use with architectural and engineering plans plus permit approval already in place.
Where is this residential land & home lot located?
The property is located at 505 W Van Week St Edinburg, TX.
What is the asking price?
The asking price for this property is $135,000.
What are key features of this property?
This property features: Vacant lot zoned for multifamily use; Includes architectural and engineering plans valued at approximately $10,000; Permit approval included, valued at approximately $3,000
