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    00 Fm 493 Edinburg, TX 78542

    For Sale
    $489,999

    Prime Edinburg farmland, owner financing.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 9.66-acre farm presents a unique investment opportunity in Edinburg, Texas. Located at 00 N FM 493, Hidalgo County, zip code 78542 (latitude 26.3546817, longitude -98.1120116), this property is ideally situated in a rapidly developing area, offering significant potential for future growth. The land is classified as a farm, presenting versatile options for development. The asking price for this expansive tract is $489,999. A key advantage is the availability of owner financing, making this an attractive proposition for buyers seeking flexible payment terms. This property's location in Edinburg, TX, offers easy access to major transportation routes and urban amenities, further enhancing its investment appeal. Serious inquiries are encouraged to explore the possibilities this substantial land parcel offers. The property is zoned for agricultural use, but potential buyers should conduct their own due diligence regarding zoning and permitted uses. This 9.66-acre farm represents a rare chance to acquire a significant land holding in a thriving Texas market.

    Property Features for 00 Fm 493

    General Information

    Property type
    Farms
    Lot Size
    420,790 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Auto Repair Shop Auto Parts Store Hotel & Motel Department Store Grocery Store Bar & Pub Convenience Store Bed & Breakfast

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

    Location Insight

    • Map
    • Local Demand
    City
    Edinburg
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.1120116
    Latitude
    26.3546817

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    FAQs

    What type of property is this?
    Farm - Prime Edinburg farmland, owner financing.
    Where is this farm located?
    The property is located at 00 Fm 493 Edinburg, TX.
    What is the asking price?
    The asking price for this property is $489,999.
    Request Owner's contact information
    00 Fm 493 Edinburg, TX 78542
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    Edinburg, TX 78542
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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 493 Edinburg, TX 78542
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