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    000 Simpson Rd Edinburg, TX 78542

    For Sale
    $480,000

    Prime 8-acre residential lot in Edinburg, TX.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 8.07-acre parcel of land presents a unique opportunity for residential development in the thriving city of Edinburg, Texas. Located at 000 Simpson Road, 78542, this property boasts a desirable location within Hidalgo County. The expansive lot offers ample space for a variety of residential projects, making it ideal for builders, developers, or investors seeking a substantial land holding in a rapidly growing area. The land is currently vacant and ready for immediate development, eliminating the need for extensive site preparation. Its clean slate allows for complete design flexibility, catering to diverse architectural styles and project scopes. Given its size and location, this property is well-suited for a range of residential uses, from single-family homes to multi-family dwellings, or even a combination of both. The asking price for this remarkable opportunity is $480,000. The property's coordinates are 26.2773112 latitude and -98.0702675 longitude. This is a rare chance to secure a significant land asset in a highly sought-after Texas location. Don't miss this chance to acquire this exceptional property and capitalize on the potential for significant return on investment. Serious inquiries only.

    Property Features for 000 Simpson Rd

    General Information

    Property type
    Land
    Lot Size
    351,529 SF

    HighLights

    • 8.07‑acre residential land parcel in Edinburg, TX.
    • Asking price: $480,000.
    • Located at 000 Simpson Road, Edinburg, TX 78542.
    • Ready for development or residential use.
    • Hidalgo County location.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Building Supply Spa & Massage Hair Salon Auto Repair Shop Nail Salon Clothing Store Auto Parts Store Garden Center Convenience Store Car Rental

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

    Location Insight

    • Map
    • Local Demand
    City
    Edinburg
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.0702675
    Latitude
    26.2773112

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    FAQs

    What type of property is this?
    Land - Prime 8-acre residential lot in Edinburg, TX.
    Where is this land located?
    The property is located at 000 Simpson Rd Edinburg, TX.
    What is the asking price?
    The asking price for this property is $480,000.
    What are key features of this property?
    This property features: 8.07-acre residential land parcel in Edinburg, TX.; Asking price: $480,000.; Located at 000 Simpson Road, Edinburg, TX 78542.
    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
    000 Simpson Rd Edinburg, TX 78542
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