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    15 1/2 Rd Elsa, TX 78543

    For Sale
    $1,416,400

    Prime Hidalgo County farmland, excellent development potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 70.82-acre farm presents a unique investment opportunity in Hidalgo County, Texas. Located on Mile 15 1/2 Road N and North Mile 4 W in Elsa, TX, 78543, this expansive property boasts a strategic location ideal for various ventures. Its substantial size offers ample space for sub-development into smaller parcels, catering to a growing demand for residential or commercial properties in the area. Alternatively, the property is perfectly suited for establishing a private ranch, providing ample land for livestock, recreational activities, or simply enjoying the tranquility of rural Texas. The property's address is listed as TBD Mile 15 1/2 Road N, Elsa, TX. The asking price for this significant land holding is $1,416,400. Given its size and location, this property represents a compelling investment with considerable potential for future appreciation and diverse development possibilities. Serious inquiries are encouraged to explore the full potential of this remarkable land opportunity. The property is conveniently located near Elsa, offering access to local amenities and services. This is a rare opportunity to acquire a large tract of land in a desirable location.

    Property Features for 15 1/2 Rd

    General Information

    Property type
    Farms
    Lot Size
    3,084,919 SF

    HighLights

    • $1,416,400 asking price.
    • 70.82‑acre land parcel.
    • Located in Elsa, Texas, Hidalgo County, zip code 78543.
    • Suitable for sub‑development or a private ranch.
    • Property address: TBD Mile 15 1/2 Road N.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Elsa
    County
    Hidalgo
    State
    Texas
    Longitude
    -97.9824471
    Latitude
    26.2930696

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    FAQs

    What type of property is this?
    Farm - Prime Hidalgo County farmland, excellent development potential.
    Where is this farm located?
    The property is located at 15 1/2 Rd Elsa, TX.
    What is the asking price?
    The asking price for this property is $1,416,400.
    What are key features of this property?
    This property features: $1,416,400 asking price.; 70.82-acre land parcel.; Located in Elsa, Texas, Hidalgo County, zip code 78543.
    Request Owner's contact information
    15 1/2 Rd Elsa, TX 78543
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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
    15 1/2 Rd Elsa, TX 78543
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