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    24769 Fm 493 Monte Alto, TX 78538

    Sponsored
    For Sale
    $244,999

    Prime Texas acreage; endless development potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 8.32-acre property, located at 24769 N Fm 493 in Edcouch, Texas, presents a unique investment opportunity. Situated in Hidalgo County, zip code 78538, this expansive lot boasts a versatile zoning designation, allowing for both commercial and residential development. The property's address is conveniently located on the bustling FM 493, offering excellent visibility and accessibility. With its substantial size, this land provides ample space for a variety of projects, from large-scale commercial ventures to a private residential estate, or a combination of both. The asking price is $244,999. Given its prime location and zoning flexibility, this property represents a significant opportunity for investors and developers seeking a substantial land holding in a growing Texas market. The coordinates for this property are latitude 26.3620451 and longitude -97.9810845. This is a rare opportunity to acquire a large parcel of land in a desirable location, offering significant potential for future growth and return on investment. Don't miss out on this chance to secure this exceptional property.

    Property Features for 24769 Fm 493

    General Information

    Property type
    Land
    Lot Size
    362,419 SF

    HighLights

    • $244,999 asking price.
    • 8.32‑acre land parcel.
    • Located in Edcouch, TX, in Hidalgo County, zip code 78538.
    • Commercial and residential zoning.
    • Situated on FM 493.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Spa & Massage Hair Salon Auto Repair Shop Nail Salon Hotel & Motel Butcher

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

    Location Insight

    • Map
    • Local Demand
    City
    Monte Alto
    County
    Hidalgo
    State
    Texas
    Longitude
    -97.9810845
    Latitude
    26.3620451

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Land - Prime Texas acreage; endless development potential.
    Where is this land located?
    The property is located at 24769 Fm 493 Monte Alto, TX.
    What is the asking price?
    The asking price for this property is $244,999.
    What are key features of this property?
    This property features: $244,999 asking price.; 8.32-acre land parcel.; Located in Edcouch, TX, in Hidalgo County, zip code 78538.
    Request Owner's contact information
    24769 Fm 493 Monte Alto, TX 78538
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    Monte Alto, TX 78538
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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
    24769 Fm 493 Monte Alto, TX 78538
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