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    Us Hwy 83 Hwy La Joya, TX 78560

    For Sale
    $84,900

    3.38 Acres, Commercial/Residential Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 3.38-acre tract presents a unique investment opportunity in La Joya, Texas. Strategically located just off Expressway 83, between La Joya Lake and Sullivan City, this property offers significant development potential for both commercial and residential uses. The land is situated on the south side of Expressway 83, past Vanderpool Road, providing excellent visibility and accessibility. Currently priced at $84,900, this represents a compelling value for its size and location. While the property currently lacks active utilities and a readily available survey, its prime location makes it an attractive proposition for developers and investors seeking to capitalize on the growth in the area. The absence of existing utilities and a survey should be factored into any development plans. The asking price reflects the current state of the property and the need for potential buyers to conduct their own due diligence regarding utilities and surveys. This is a rare opportunity to acquire a sizable parcel of land in a rapidly developing area of Texas. Serious inquiries are encouraged to explore the possibilities this property offers. The property's location offers easy access to major transportation routes, making it ideal for a variety of commercial ventures. The proximity to La Joya Lake also adds to its appeal.

    Property Features for 0 Us Hwy 83 Hwy

    General Information

    Property type
    Land
    Lot Size
    147,233 SF

    HighLights

    • 3.38‑acre tract in La Joya, TX, priced at $84,900.
    • Excellent visibility and accessibility off Expressway 83, between La Joya Lake and Sullivan City.
    • Suitable for commercial and residential development.
    • Requires buyer to conduct due diligence regarding utilities and survey.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    La Joya
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.4946356
    Latitude
    26.2480632

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    FAQs

    What type of property is this?
    Land - 3.38 Acres, Commercial/Residential Potential
    Where is this land located?
    The property is located at Us Hwy 83 Hwy La Joya, TX.
    What is the asking price?
    The asking price for this property is $84,900.
    What are key features of this property?
    This property features: 3.38-acre tract in La Joya, TX, priced at $84,900.; Excellent visibility and accessibility off Expressway 83, between La Joya Lake and Sullivan City.; Suitable for commercial 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
    Us Hwy 83 Hwy La Joya, TX 78560
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