2828 Monte Cristo RdEdinburg, TX 78541

Property Details for 2828 Monte Cristo Rd

Year built

1999

Lot size

0.92 AC

Property size (Sq ft)

3,528 SF

Zone code

CO

Property type

Grocery and convenience stores

APN

E4935-08-000-0001-00

APU

E493508000000100

Description

This exceptional 10-acre tract in Hidalgo County, Texas, presents a prime opportunity for residential development. Located at 2828 W Monte Cristo Rd, Edinburg, TX 78541 (APN: T2100-00-240-0002-03 & T2100-00-240-0002-00), this fee simple property boasts an ideal shape and size for maximizing buildable area. Its excellent frontage allows for versatile lot layouts, catering to both single-family and multi-family residential projects. The property benefits from its location in a rapidly growing area, experiencing high demand for new housing. Situated conveniently close to multiple roadways and Highway 69C, and only 2.8 miles from the University of Texas Rio Grande Valley (UTRGV), this site offers unparalleled accessibility and strong potential for future growth. The permitted zoning is County. This is a for-sale-by-owner opportunity not to be missed. Serious inquiries only.

• CAP approach

  CAP return

  Valuation

  6%

  $712,684

  6.5%

  $657,862

  7%

  $610,872

• Comparable approach

  Method

  Valuation

  Relative Method

  $766,644

  Geo Method

  $2,020,558

• Alternative Use

  Use

  Valuation

  Residential

  $554,932

  Hospitality

  $508,314

  Educational

  $422,912

  Medical

  $437,456

  Retail

  $657,862

Location Insight

City

Edinburg

County

Hidalgo

State

Texas

Latitude

26.3412

Longitude

-98.1874

CBSA code

32580

CBSA name

MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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