2 Miles Fm 490 Edinburg, TX 78541
- Land
- 160.00 lot acres
Current Use by Public Records
- Land
Property Details for 2 Miles Fm 490
- Lot size
- 160.00 lot acres
- Property type
- Land
Description
This exceptional 160-acre property in Edinburg, Texas, presents a unique investment opportunity. Located conveniently near FM 490, this expansive land parcel offers significant potential for various residential developments. The property includes a 20-acre caliche pit, currently inactive, adding to its versatility. While featuring a non-livable structure, the land is sold "as is" with all existing improvements. Utilities are already in place, with electricity and a functioning water well on-site. The asking price for this substantial land holding is $1,250,000. Situated in Hidalgo County, Texas, with a zip code of 78541, this property boasts a prime location with coordinates 26.477595 latitude and -98.3125334 longitude. The substantial acreage provides ample space for a wide range of residential projects, making it an attractive proposition for developers and investors seeking a significant land acquisition in a rapidly growing area. The existing infrastructure, including electricity and a water well, further enhances the property's appeal and reduces initial development costs. This is a rare opportunity to acquire a large tract of land in a desirable location with existing utilities.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Edinburg
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.3125
- Latitude
- 26.4776
