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    Bentsen Rd McAllen, TX 78501

    For Sale
    $18,025,000

    51.5 Acres Ready for Development

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 51.5-acre parcel of land presents a remarkable opportunity for residential development in McAllen, Texas. Located at 0 Bentsen Road W, 78501, this expansive property boasts significant potential for various residential projects. The site's substantial size allows for the creation of a large-scale residential subdivision or the construction of multiple apartment complexes, catering to the growing housing demand in the area. The property is zoned for residential use, subject to verification by the buyer with the relevant City and governmental authorities. All development plans, uses, and zoning compliance are the sole responsibility of the prospective buyer to confirm with the appropriate agencies. This prime location in McAllen, Hidalgo County, offers easy access to major roadways, amenities, and the vibrant city life. The asking price for this exceptional development opportunity is $18,025,000. Detailed site plans and further information are available upon request. This is a unique chance to acquire a significant land holding with substantial potential for substantial returns. Act quickly, as opportunities like this are rare. The property's latitude and longitude coordinates are 26.2089274, -98.2694243 respectively.

    Property Features for 0 Bentsen Rd

    General Information

    Property type
    Land
    Lot Size
    2,243,340 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    McAllen
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.2694243
    Latitude
    26.2089274

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    FAQs

    What type of property is this?
    Land - 51.5 Acres Ready for Development
    Where is this land located?
    The property is located at Bentsen Rd McAllen, TX.
    What is the asking price?
    The asking price for this property is $18,025,000.
    Request Owner's contact information
    Bentsen Rd McAllen, TX 78501
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    McAllen, TX 78501
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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
    Bentsen Rd McAllen, TX 78501
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