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    00 Fm 509 Harlingen, TX 78586

    For Sale
    $1,372,000

    Texas acreage, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 27.44-acre property presents a remarkable investment opportunity in San Benito, Texas, near Harlingen. Located on FM 509, this unimproved land offers significant frontage and is strategically positioned near the esteemed Treasure Hills Subdivision and Golf Course. The property's dual-tract configuration provides flexibility; each tract is available for individual purchase, or both can be acquired together, allowing for tailored development plans. Its prime location near established communities and high-traffic areas ensures strong potential for both residential and commercial development, making it highly attractive to developers seeking to capitalize on Harlingen's expanding market. The asking price is $1,372,000. This land presents a unique chance to create a significant project in a thriving area of Texas. The property's size and location make it suitable for a variety of development projects, catering to the needs of a growing community. The proximity to existing infrastructure and amenities further enhances its appeal and potential for rapid development. Don't miss this chance to secure a piece of Texas's promising future. The property is zoned for both commercial and residential use, offering unparalleled versatility for developers.

    Property Features for 00 Fm 509

    General Information

    Property type
    Land
    Lot Size
    1,195,286 SF

    HighLights

    • $1,372,000 asking price.
    • 27.44‑acre land parcel.
    • Located in San Benito, TX, near Treasure Hills Subdivision and Golf Course.
    • Excellent FM 509 frontage.
    • Suitable for commercial or residential development.
    • Divided into two separately purchasable tracts.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Building Supply Clothing Store Pharmacy Storage Facility Travel Agency Cosmetics Store Plumbing Service Wholesale Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Harlingen
    County
    Cameron
    State
    Texas
    Longitude
    -97.682527
    Latitude
    26.141746

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    FAQs

    What type of property is this?
    Land - Texas acreage, ideal for development.
    Where is this land located?
    The property is located at 00 Fm 509 Harlingen, TX.
    What is the asking price?
    The asking price for this property is $1,372,000.
    What are key features of this property?
    This property features: $1,372,000 asking price.; 27.44-acre land parcel.; Located in San Benito, TX, near Treasure Hills Subdivision and Golf Course.
    Request Owner's contact information
    00 Fm 509 Harlingen, TX 78586
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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
    00 Fm 509 Harlingen, TX 78586
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