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    21845 Fm 493 Hwy Edinburg, TX 78542

    For Sale
    $500,000

    Exceptional multi-use land, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This expansive 17.76-acre property presents a remarkable investment opportunity in Edinburg, Texas. Located at 21845 FM 493 Highway N, this versatile land parcel boasts a prime location, offering significant potential for various commercial, farm, and residential uses. The property's strategic position at the southwest corner of Highway 493 and Mile 19 provides excellent visibility and accessibility. Its substantial frontage along Mile 19 further enhances its development potential. The asking price for this exceptional tract is $500,000. Given its size and location in Hidalgo County, Texas, zip code 78542, this land is particularly well-suited for subdivision development, offering a unique chance to capitalize on the growing demand for residential and commercial properties in the area. The property's coordinates are 26.3546817 latitude and -98.1120116 longitude. This is a rare opportunity to acquire a large parcel of land with significant development potential in a thriving Texas market. Don't miss out on this chance to own a piece of Edinburg's future.

    Property Features for 21845 Fm 493 Hwy

    General Information

    Property type
    Farms
    Lot Size
    773,626 SF

    HighLights

    • 17.76‑acre commercial land parcel in Edinburg, TX, priced at $500,000.
    • Located at 21845 FM 493 Highway N, offering excellent visibility and accessibility.
    • Zoned for various uses including commercial, farm, and residential development.
    • Prime location at the southwest corner of Highway 493 and Mile 19, with substantial frontage on Mile 19.
    • Suitable for subdivision development in Hidalgo County, TX (zip code 78542).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Edinburg
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.1120116
    Latitude
    26.3546817

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    FAQs

    What type of property is this?
    Farm - Exceptional multi-use land, ideal for development.
    Where is this farm located?
    The property is located at 21845 Fm 493 Hwy Edinburg, TX.
    What is the asking price?
    The asking price for this property is $500,000.
    What are key features of this property?
    This property features: 17.76-acre commercial land parcel in Edinburg, TX, priced at $500,000.; Located at 21845 FM 493 Highway N, offering excellent visibility and accessibility.; Zoned for various uses including commercial, farm, and residential development.
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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
    21845 Fm 493 Hwy Edinburg, TX 78542
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