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    Fm 506 La Feria, TX 78559

    For Sale
    $169,000

    Build Your Dream Home in Texas!

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 10.652-acre residential lot presents a unique opportunity to build your custom home in the desirable La Feria, Texas area. Priced at $169,000, this expansive property offers ample space for creating your ideal living environment. The land is conveniently located approximately five minutes from the expressway, providing easy access to both McAllen and South Padre Island (SPI), combining rural tranquility with convenient access to urban amenities. The property's address is 0 Fm 506, La Feria, TX 78559, within Cameron County. Its generous size allows for the construction of a substantial home with plenty of surrounding land for landscaping, recreation, or future expansion. The lot is classified as residential and is ready for immediate development, making it an attractive proposition for those seeking to build their dream home in a peaceful yet accessible location. Buyers are responsible for verifying all information with appropriate authorities before purchase. This is a remarkable chance to own a significant piece of land in a growing Texas community. Don't miss this opportunity to create your perfect home and lifestyle.

    Property Features for 0 Fm 506

    General Information

    Property type
    Land
    Lot Size
    464,001 SF

    HighLights

    • $169,000 asking price.
    • 10.652‑acre residential lot.
    • Located in La Feria, TX, Cameron County, zip code 78559.
    • Approximately 5 minutes from the expressway, providing easy access to McAllen and South Padre Island (SPI).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    La Feria
    County
    Cameron
    State
    Texas
    Longitude
    -97.8241425
    Latitude
    26.1661133

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    FAQs

    What type of property is this?
    Land - Build Your Dream Home in Texas!
    Where is this land located?
    The property is located at Fm 506 La Feria, TX.
    What is the asking price?
    The asking price for this property is $169,000.
    What are key features of this property?
    This property features: $169,000 asking price.; 10.652-acre residential lot.; Located in La Feria, TX, Cameron County, zip code 78559.
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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
    Fm 506 La Feria, TX 78559
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