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    10220 Big 5 Rd Edinburg, TX 78541

    For Sale
    $1,600,000

    Prime 38-acre residential land in Edinburg, TX.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 38-acre tract presents a remarkable investment opportunity in the burgeoning Edinburg, Texas market. Located at 10220 N Big 5 Road, this property is part of a larger 50-acre plot and offers unparalleled potential for residential development. The land is ideally suited for creating one-acre or two-acre residential lots, capitalizing on the high demand for larger homesites in this area. A completed survey is readily available for prospective buyers. Situated in the promising Bloom Park community, this location boasts a tranquil country setting while maintaining convenient proximity to the amenities of a major city. Future development plans for Bloom Park include a substantial 10-acre park featuring a fishing pond, vibrant flower gardens, and a cycling track, enhancing the desirability of the area. The property's strategic location within the rapidly growing Greater McAllen/Edinburg region ensures strong potential for appreciation. The asking price of $1,600,000 represents an exceptional value for this sizable acreage, making it an attractive proposition for developers seeking to meet the increasing demand for residential properties in this thriving market. The Hidalgo County location and 78541 zip code further solidify its prime location.

    Property Features for 10220 Big 5 Rd

    General Information

    Property type
    Land
    Lot Size
    1,655,280 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Edinburg
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.1858078
    Latitude
    26.4080136

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    FAQs

    What type of property is this?
    Land - Prime 38-acre residential land in Edinburg, TX.
    Where is this land located?
    The property is located at 10220 Big 5 Rd Edinburg, TX.
    What is the asking price?
    The asking price for this property is $1,600,000.
    Request Owner's contact information
    10220 Big 5 Rd Edinburg, TX 78541
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    Edinburg, 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
    10220 Big 5 Rd Edinburg, TX 78541
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