Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1804 Fm 88 Elsa, TX 78543

    For Sale
    $1,100,000

    32 Acres, Prime Location, City Sewer

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 31.95-acre commercial and residential development opportunity is situated in Elsa, Texas, at 1804 FM 88, Hidalgo County, zip code 78543. The property boasts a highly desirable corner lot location, providing excellent frontage on both FM 88 and Mile 17 1/2 Road, ensuring high visibility and accessibility. The land is zoned for both commercial and residential uses, offering a multitude of development possibilities. This versatile property presents a unique chance to build a variety of projects, from multifamily dwellings to commercial ventures. The presence of a readily available city sewer system significantly simplifies development plans and reduces infrastructure costs. A natural drain ditch runs along the rear of the property, providing additional drainage benefits. The asking price for this expansive tract is $1,100,000. Its strategic location and abundant acreage make it an attractive investment for developers seeking a prime location in a growing Texas market. The property's size and zoning flexibility allow for a wide range of development scenarios, making it an ideal opportunity for those seeking significant returns. This is a rare chance to acquire a substantial parcel of land in a desirable area with excellent infrastructure.

    Property Features for 1804 Fm 88

    General Information

    Property type
    Multifamily properties
    Lot Size
    1,391,742 SF

    HighLights

    • $1,100,000 asking price.
    • 31.95‑acre multifamily land parcel.
    • Located in Elsa, TX, at 1804 FM 88, Hidalgo County, zip code 78543.
    • Corner lot with FM 88 and Mile 17 1/2 Rd frontage.
    • City sewer available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Map

    City
    Elsa
    County
    Hidalgo
    State
    Texas
    Longitude
    -97.9824471
    Latitude
    26.2930696

    Nearby Similar for Sale

    • New
      $110,000
      Pending

      Elsa, TX Fixer Upper Duplex

      Fixer-upper duplex on a quarter-acre lot in Elsa, TX.
      308 E Ricky Crossland Ave, Elsa, TX 78543
      View Details
    • Contact for pricing
      7,800 SF

      Elsa Retail Plaza Suites

      New construction retail suites available for lease in Elsa, Texas.
      17409 N Fm 88, Elsa, TX 78543
      View Details
    • $1,245,000
      12,874 SF

      Elsa Retail Center For Sale

      92% occupied retail center in Elsa, Texas.
      107 S Broadway St, Elsa, TX
      View Details
    • $150,000
      0.57 Acres

      Elsa Commercial Corner Lot

      High-visibility .57-acre lot, prime location.
      13407 Fm 493, Elsa, TX 78537
      View Details
    • $750,000
      4,820 SF

      Elsa Event Center & Storage

      High-Income Generating Commercial Property
      640 Edinburg Ave, Elsa, TX 78543
      View Details
    • $130,000
      1,600 SF

      Downtown Elsa Commercial Building

      High-potential, 1600 sq ft commercial property.
      514 Broadway St, Elsa, TX 78543
      View Details

    FAQs

    What type of property is this?
    Multifamily property - 32 Acres, Prime Location, City Sewer
    Where is this multifamily property located?
    The property is located at 1804 Fm 88 Elsa, TX.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: $1,100,000 asking price.; 31.95-acre multifamily land parcel.; Located in Elsa, TX, at 1804 FM 88, Hidalgo County, zip code 78543.
    Request Owner's contact information
    1804 Fm 88 Elsa, TX 78543
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1804 Fm 88
    Elsa, TX 78543
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    1804 Fm 88 Elsa, TX 78543
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.