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    Owassa Rd San Juan, TX 78589

    For Sale
    $2,013,650

    17.51 Acres, Prime Location, $2M+

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 17.51-acre property in San Juan, Texas, presents a unique investment opportunity. Strategically located between Raul Longoria Road and Cesar Chavez Road in Hidalgo County, this expansive land parcel offers unparalleled potential for diverse development projects. Its zoning allows for commercial, residential, or mixed-use development, catering to a wide range of investment strategies. The property's size and prime location provide easy access to major transportation arteries and essential amenities, making it highly attractive to developers seeking a foothold in a thriving Texas market. The asking price is $2,013,650. The address is 0 E Owassa Road, San Juan, TX 78589, with GPS coordinates 26.2238324 latitude and -98.1447804 longitude. This significant land holding is ready for immediate development, offering substantial returns for the discerning investor. The versatility of the zoning and the strategic location combine to create a compelling opportunity for significant growth and profitability. This is a rare chance to acquire a large tract of land in a rapidly developing area of Texas, poised for substantial future appreciation. The property is classified as Land, Special Purpose, and is suitable for a variety of uses.

    Property Features for 0 Owassa Rd

    General Information

    Property type
    Farms
    Lot Size
    762,736 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    San Juan
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.1447804
    Latitude
    26.2238324

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    FAQs

    What type of property is this?
    Farm - 17.51 Acres, Prime Location, $2M+
    Where is this farm located?
    The property is located at Owassa Rd San Juan, TX.
    What is the asking price?
    The asking price for this property is $2,013,650.
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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
    Owassa Rd San Juan, TX 78589
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