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    2 Jara Chinas Rd Penitas, TX 78541

    For Sale
    $130,000

    Prime 10-acre lot, owner financing available. Build your dream home!

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 10-acre residential lot, located at Lot 2 Jara Chinas Road, Edinburg, TX 78541 (zip code 78541, Hidalgo County), presents a unique opportunity for those seeking a tranquil yet accessible location to build their dream home. Situated in Penitas, Texas, this expansive property offers the perfect blend of peace and quiet, removed from the city's bustle, while remaining conveniently close to local amenities. The lot's size provides ample space for a custom-designed home and potential landscaping, offering the freedom to create a personalized oasis. The asking price is $130,000, and owner financing is available, making this desirable property even more attainable. This is an ideal investment for those looking to build a primary residence, a peaceful retreat, or simply secure a valuable piece of land in a desirable Texas location. Don't miss this chance to own a substantial piece of property and create the lifestyle you've always envisioned. The property's coordinates are 26.368658 latitude and -98.4645168 longitude.

    Property Features for 2 Jara Chinas Rd

    General Information

    Property type
    Land
    Lot Size
    435,600 SF

    HighLights

    • $130,000 asking price.
    • 10‑acre residential land parcel.
    • Located at Lot 2 Jara Chinas Road, Edinburg, TX 78541.
    • Owner financing available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Penitas
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.4645168
    Latitude
    26.368658

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    FAQs

    What type of property is this?
    Land - Prime 10-acre lot, owner financing available. Build your dream home!
    Where is this land located?
    The property is located at 2 Jara Chinas Rd Penitas, TX.
    What is the asking price?
    The asking price for this property is $130,000.
    What are key features of this property?
    This property features: $130,000 asking price.; 10-acre residential land parcel.; Located at Lot 2 Jara Chinas Road, Edinburg, TX 78541.
    Request Owner's contact information
    2 Jara Chinas Rd Penitas, TX 78541
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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
    2 Jara Chinas Rd Penitas, TX 78541
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