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    4409 Kenyon Rd Edinburg, TX 78542

    For Sale
    $500,000

    6.51 Acres, Multifamily Potential, Texas

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 6.51-acre property located at 4409 Kenyon Road, Edinburg, Texas, 78542 presents a unique investment opportunity. Zoned for multifamily use, this expansive land parcel offers significant potential for development. Currently classified as a farm, residential, and apartment building site, it provides flexibility for a variety of projects. The property's substantial size allows for the construction of a large residential complex, or a combination of residential and agricultural uses. Its location in Hidalgo County, Texas, offers proximity to Edinburg's amenities while maintaining a serene atmosphere. The asking price is $500,000. This is a rare opportunity to acquire a large tract of land in a desirable area with diverse development possibilities. The property's latitude and longitude coordinates are 26.3422488, -98.1140166 respectively. Serious inquiries are encouraged to explore the full potential of this remarkable property. The property is suitable for a variety of uses, including but not limited to, residential development, agricultural pursuits, and potentially a combination of both. Given its size and zoning, this land presents a compelling investment opportunity for those seeking a substantial project in a growing Texas community.

    Property Features for 4409 Kenyon Rd

    General Information

    Property type
    Multifamily properties
    Lot Size
    283,576 SF

    HighLights

    • 6.51‑acre multifamily‑zoned land parcel in Edinburg, TX.
    • Located at 4409 Kenyon Road, Edinburg, TX 78542.
    • $500,000 asking price.
    • Suitable for residential development, agricultural use, or a combination thereof.
    Property Profile Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Suggested Use

    Restaurant Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Hotel & Motel Nail Salon Auto Parts Store Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    Edinburg
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.1140166
    Latitude
    26.3422488

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    FAQs

    What type of property is this?
    Multifamily property - 6.51 Acres, Multifamily Potential, Texas
    Where is this multifamily property located?
    The property is located at 4409 Kenyon Rd Edinburg, TX.
    What is the asking price?
    The asking price for this property is $500,000.
    What are key features of this property?
    This property features: 6.51-acre multifamily-zoned land parcel in Edinburg, TX.; Located at 4409 Kenyon Road, Edinburg, TX 78542.; $500,000 asking price.
    Request Owner's contact information
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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
    4409 Kenyon Rd Edinburg, TX 78542
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