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    4616 Monte Cristo Rd Edinburg, TX 78541

    For Sale
    $218,750

    Prime Commercial/Residential Land

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This 1.256-acre property, located at 4616 W Monte Cristo Road in Edinburg, Texas (zip code 78541), presents a unique investment opportunity. Zoned for commercial, farm, and residential use, this versatile land offers significant potential. The property boasts excellent road visibility on Monte Cristo Road, benefiting from high area traffic and proximity to 10th Street, ensuring strong exposure for any future development. The existing home is sold "as is" and is currently tenant-occupied. Please note that front sheds will be removed prior to closing, while the carport will remain. The asking price for this strategically located land is $218,750. This Hidalgo County property is situated at latitude 26.3446929 and longitude -98.206272. Its diverse zoning allows for a variety of development options, making it an attractive prospect for both investors and developers seeking a foothold in a thriving Texas market. Serious inquiries are encouraged to explore the full potential of this exceptional land parcel.

    Property Features for 4616 Monte Cristo Rd

    General Information

    Property type
    Farms
    Lot Size
    54,711 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Nail Salon Auto Parts Store Department Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Edinburg
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.206272
    Latitude
    26.3446929

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    FAQs

    What type of property is this?
    Farm - Prime Commercial/Residential Land
    Where is this farm located?
    The property is located at 4616 Monte Cristo Rd Edinburg, TX.
    What is the asking price?
    The asking price for this property is $218,750.
    Request Owner's contact information
    4616 Monte Cristo Rd Edinburg, TX 78541
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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
    4616 Monte Cristo Rd Edinburg, TX 78541
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