0 Mile 16 Rd Elsa, TX 78543
This exceptional 38.7-acre farm in Elsa, Texas, presents a unique investment opportunity. Located on TBD E Mile 16 Road N, this property boasts convenient paved road frontage directly across from the New Idea School, offering excellent visibility and accessibility. Currently utilized for farming, the land's versatile nature allows for a variety of uses, including continued agricultural operations or potential future development projects. The property's location in Hidalgo County, Texas, within the 78543 zip code, provides easy access to local amenities and transportation routes. With its substantial size and prime location, this property is ideal for investors seeking a blend of established agricultural use and significant development potential. The asking price is $774,000. Serious inquiries are encouraged to explore the possibilities this exceptional Texas farmland offers. The property's coordinates are 26.2930696 latitude and -97.9824471 longitude.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.