Prime 1.88-acre development opportunity in a desirable location near Expressway 281. This incomplete project was originally designed for a 44-unit gated apartment complex, with a concrete slab and gated entrance already in place. A great opportunity for investors to take over and complete the project or reconfigure the plans to suit.
Vacant landProperty Type
1.88 acresLot Size
$1,063,830Price/Acres
Listed by Jaime Gonzalez• Keller Williams Realty Rgv
This district is a high intensity residential district intended to accommodate various multifamily residential uses (2 or more dwelling units on a single lot). The district includes auto-urban and higher densities meant to meet the community;s need for infill and rental housing. Densities associated with this type of development are generally only desirable in locations that have an urban character but may be suited to other locations where multifamily uses serve a particular community need (e.g., university) or in transitional zones. Buildings may cover large percentages of the lots and may be spaced more closely, creating a sense of street enclosure. Institutional and recreational uses that serve this urban neighborhood environment are permitted and encouraged.
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Multiple units
Climate risks
6/10 Flood Factor
Estimated 62-76% chance of a flood reaching the building in the next 30 years
2/10 Fire Factor
0.00% chance of being in a wildfire in next 30 years
9/10 Heat Factor
7 days above 112° expected this year, 22 days in 30 years
8/10 Wind Factor
99% chance of strong winds in next 30 years
2/10 Air Factor
0 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Edinburg, TX • 78541
Average low and high temperatures (°F)
69
49
80
56
88
63
87
69
91
73
94
77
96
77
99
77
94
75
91
68
85
63
77
58
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
99/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.3 hrs
7.1 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 00 W Mile 17 1/2 Rd
$1,804,481
$196K under list price of $2.00M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $275K to $550K.