Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Vacant Land Near Los Fresnos Title is generated by Realmo AI

    FM 510, San Benito, TX 78586

    View on Map
    Claim this Listing
    For Sale
    $326,350

    LAND - SAN BENITO, TX

    Lot size:
    14.83 Acres
    Added:
    Feb 12, 2026
    Days on Market:
    99
    Last Refresh:
    May 22 at 8:06 pm

    Property Features for FM 510

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    14.83 Acres

    Utilities

    Utilities
    Water Available

    We can help!

    Listing Contact
    JACQUELYN WRIGHT
    JACQUELYN WRIGHT

    Listing agent JACQUELYN WRIGHT License #0659323

    Listing office MARCUS PHIPPS REAL ESTATE, LLC 1617 E Tyler Suite H, HARLINGEN, TX

    Listing date Feb 12, 2026

    MLS# 29772064 Listing URL

    Copyright © 2026 Rio Grande Valley Multiple Listing Service Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Large 14.833 acre parcel in a growing area near Los Fresnos.
    • No flooding.
    • Owner financing available.
    • Water available.
    • Potential for residential subdivision (as previously considered by seller).
    • Located near the corner of FM 1847/Paredes Line Rd and FM 510/San Jose Ranch Rd.

    Overview

    This vacant parcel of approximately 14.833 acres is located near the intersection of FM 1847/Paredes Line Rd and FM 510/San Jose Ranch Rd in a growing area near Los Fresnos. The property is currently farmland. The seller has considered subdividing it into residential lots. According to the listing, the property has no flooding issues, and owner financing is available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Map

    City
    San Benito
    County
    Cameron
    State
    Texas
    Longitude
    -97.61058
    Latitude
    26.120061

    Nearby Similar for Sale

    • $750,000
      6,125 SF

      San Benito Multi-Use Commercial Property

      Two-story commercial property with office, warehouse, and residential units.
      901 S Williams Road S, San Benito, TX 78586
      View Details
    • $297,000
      2,427 SF

      Renovated San Benito Commercial Property

      Move-in ready commercial property in the heart of San Benito.
      100 CRAWFORD DR., SAN BENITO, TX 78586
      View Details
    • $234,000
      1,796 SF

      Turnkey Restaurant in High-Traffic Location

      Established restaurant space in downtown San Benito, fully equipped.
      267 W ROBERTSON ST., SAN BENITO, TX 78586
      View Details
    • $124,000

      San Benito Commercial/Residential Land

      1.26 acre commercial or residential land in San Benito, TX.
      29780 FM 803, San Benito, TX 78586
      View Details
    • $7,590,000

      72 Acres Development Opportunity

      Prime land for commercial or light industrial development in San Benito.
      Expressway 77 Highway, San Benito, TX 78586
      View Details
    • $457,500

      San Benito Land Investment Opportunity

      15.25 acres of land in San Benito, Texas.
      Zillock Road, San Benito, TX 78586
      View Details
    • $295,000

      Commercial Property in San Benito

      Commercial property with long-term tenant in a prime location.
      160 S SAM HOUSTON BLVD., SAN BENITO, TX 78586
      View Details
    • $189,000

      San Benito Land Opportunity

      5.5 acres of land outside San Benito city limits.
      ZILLOCK RD., SAN BENITO, TX 78586
      View Details
    • $83,000

      Acre Lot in San Benito

      One acre lot outside city limits near San Benito, TX.
      32176 ZILLOCK RD., SAN BENITO, TX 78586
      View Details
    • $124,500

      2.71 Acre Land For Sale

      2.71 acre land parcel suitable for commercial or residential use.
      WILLIAMS RD., SAN BENITO, TX 78586
      View Details
    • $457,500

      San Benito Land For Sale

      15.25 acres of land in San Benito, Texas.
      ZILLOCK RD., SAN BENITO, TX 78586
      View Details
    • $1,395,000
      5,940 SF

      San Benito Commercial Retail Building

      Commercial building with eight units on 2.29 acres.
      801 ZILLOCK RD., SAN BENITO, TX 78586
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - 14.83 Acres in growing area near Los Fresnos, TX.
    Where is this agricultural land / farmland located?
    The property is located at FM 510 San Benito, TX.
    What is the asking price?
    The asking price for this property is $326,350.
    What are key features of this property?
    This property features: Large 14.833 acre parcel in a growing area near Los Fresnos.; No flooding.; Owner financing available.
    (956) 244-6620
    We can help!
    Listing Contact
    JACQUELYN WRIGHT
    JACQUELYN WRIGHT
    Real Estate License ID: 0659323
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    FM 510, SAN BENITO, TX 78586
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!