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Property profile & analytics
OFF-MARKET
Land

0 Mile 16 Rd Elsa, TX 78543

38.7 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 38.7 ac (1,685,772 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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