Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Ware Rd Edinburg, TX 78504
    Property profile & analytics

    Ware Rd, Edinburg, TX 78504

    View on Map
    • Land
    • 4.85 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Ware Rd

    Lot size
    4.85 lot acres
    Property type
    Land
    Property subtype
    Farms

    Description

    This exceptional 4.85-acre property presents a unique investment opportunity in Hidalgo County, Texas. Located just north of the Tres Lagos Master Planned Community, this land offers a tranquil setting surrounded by established farmland. The property's address is TBD N Ware Road, McAllen, TX 78504, with GPS coordinates of 26.3154034 latitude and -98.2472836 longitude. Zoned for agricultural use, this expansive parcel is perfectly suited for various farming and ranching endeavors. Imagine establishing a thriving ranch, complete with a comfortable ranch house and ample barn space for livestock. The possibilities are extensive, allowing for creative development tailored to your specific needs and vision. The asking price for this remarkable property is $225,000. Given its size, location, and potential, this represents a compelling investment in Texas farmland. Don't miss this chance to own a piece of the Texas countryside. Contact us today to learn more and schedule a viewing.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Edinburg
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.2473
    Latitude
    26.3154

    Comparable in this City

    • Value Estimation by Request
      10.00 Acres

      10600 Bryan Rd

      Farms
      10600 Bryan Rd, McAllen, TX 78504
      View Details
    • Value Estimation by Request
      5.39 Acres

      00 Bentsen Rd

      Farms
      00 Bentsen Rd, McAllen, TX 78504
      View Details
    • Value Estimation by Request
      209.00 Acres

      3401 Rogers Rd

      Farms
      3401 Rogers Rd, McAllen, TX 78504
      View Details
    • Value Estimation by Request
      9.33 Acres

      10Th St

      Farms
      0 10Th St, McAllen, TX 78504
      View Details
    • Value Estimation by Request
      11.34 Acres

      000 Iowa Rd

      Farms
      000 Iowa Rd, McAllen, TX 78504
      View Details
    • Value Estimation by Request
      2.00 Acres

      10811 Monte Cristo Rd

      Land
      10811 Monte Cristo Rd, McAllen, TX 78504
      View Details

    Similar Nearby for Sale

    • $1,833,600
      15.29 Acres

      15.29 Acres in North McAllen

      Land with pond, living quarters, and stables in McAllen.
      9810 N Taylor Rd, McAllen, TX 78504
      View Details
    • Contact for pricing

      Residential Acreage in North McAllen

      One-acre residential tract with house in established McAllen neighborhood.
      321 W Dove Ave, McAllen, TX 78504
      View Details
    • Contact for pricing

      McAllen Land For Sale

      Land available in McAllen, Texas, with irregular lot description.
      10721 N 10Th St, McAllen, TX 78504
      View Details
    • Contact for pricing

      Land For Sale

      Acreage available on City/Town Street.
      8800 N 10Th St, McAllen, TX 78504
      View Details
    • $590,000
      2.08 Acres

      Ware Road Commercial Land Opportunity

      High-traffic McAllen land with existing income.
      4620 Ware Rd, McAllen, TX 78504
      View Details
    • Contact for pricing

      Land in Developing Area

      Land with development potential near Highway 107.
      Rooth Rd, McAllen, TX 78504
      View Details

    Similar Nearby for Lease

    • $26 SF/Yr
      1,361 SF

      McAllen Commercial Land & Building

      1.45 Acres, 1361 sq ft, 40 Parking Spaces
      7701 29Th St, McAllen, TX 78504
      View Details
    • $0.47 SF/Yr
      53,651 SF

      McAllen Executive Office Space

      Prime Office, 2100 sq ft, 7 Parking
      5401 10Th St, McAllen, TX 78504
      View Details
    • $24 SF/Yr
      390 SF

      Nolana Avenue Executive Office Suite

      McAllen Office Space - All-Inclusive Lease
      315 Nolana Ave, McAllen, TX 78504
      View Details
    • $31 SF/Yr
      1,610 SF

      McAllen Retail Space - 7001 N 10th

      Prime McAllen retail space, high traffic location.
      7001 10Th St, McAllen, TX 78504
      View Details
    • $0.11 SF/Yr
      53,651 SF

      McAllen Executive Office Space

      Prime McAllen Office, 53,651 sq ft
      5401 10Th St, McAllen, TX 78504
      View Details
    • $26 SF/Yr
      1,320 SF

      McAllen Commercial Land & Building

      Prime McAllen location; versatile commercial space.
      7701 29Th St, McAllen, TX 78504
      View Details
    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.
    Ware Rd
    Edinburg, TX 78504
    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
    Ware Rd, Edinburg, TX, 78504
    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!