Vela Commercial

4703 W State Highway 107 Edinburg, TX 78539

List Price: $1,200,000

4703 W State Highway 107, Edinburg, TX 78539

Type: Commercial, Other,
Residential Multi-Family,
Residential Single Family
Suitable Use: Commercial, Farmland,
Grazing, Residential
Lot Dim: IRREGULAR
Lot SqFt: 293,159
Acreage: 6.73
Topography: Level
Crops: None
Improvements: House As Is
Tax GEO ID: T2100-00-277-0005-04
Base Taxes: $12,415
Tax Year: 2024

County: Hidalgo
Subdivision: Tex-Mex
School District: Edinburg ISD
Elementary Sch: Cavazos
Middle School: Longoria
High School: Vela H.S.
POA/HOA: No Mandatory:

956-270-2432
office@velacommercial.com

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CONTACT AN AGENT

    MLS Information

    Nestled in a serene rural setting yet boasting the convenience of urban proximity, this expansive property offers a unique blend of tranquility and accessibility. Its strategic location near the University of Texas Rio Grande Valley and the Expressway ensures seamless access to essential services and leisure activities, enhancing its appeal for a variety of development projects. The existing 4-bedroom, 2-bathroom brick house on the property provides a solid base for renovation or use as a rental asset, adding immediate value and showcasing the established infrastructure. With its capacity to accommodate diverse visions, the land parcel is a versatile opportunity for investors and developers. This rare combination of features makes it an exceptional find in the real estate market, inviting visionaries to explore its possibilities and craft their own masterpiece on this prime land.
    About 4703 State Highway 107, Edinburg, Texas 78539
     
    Directions:From McAllen go nort on 10th street, go west on 107, lot is in the right.
     
     
     
    General Description
    List Price
    $1,200,000
    Status
    Active
    Property Type
    Land
    City
    Edinburg
    County Or Parish
    Hidalgo
    GEO Tax ID#
    T2100-00-277-0005-04
    Legal Description
    TEX-MEX SURVEY AN IRR TR- E300.6′- N1274.5′ EXC W150′-E300.6′-S430.65′- N1274.5′ 6.73AC NET
    School District
    Edinburg ISD
    Lot Dimensions
    IRREGULAR
     
    Features
    Utilities
    City Garbage, Electric, Public Water, Septic
    Water Sewer
    City Sewer, Septic
    Water Supplier
    City
    Water Comments
    none
    Irrigation District
    HCID#1
    Irrig Water Rights YN
    No
    Location Features
    Other
    Access
    Other, State Highway
    Street Surface
    Dirt, Paved
    Fence Type
    Barbed Wire, Chain Link, Other
    Community Amenities
    Horse/Livestock Allowed, Other
    Leased Rent Share
    No
     
    Financial & Legal Information
    Legal Description
    TEX-MEX SURVEY AN IRR TR- E300.6′- N1274.5′ EXC W150′-E300.6′-S430.65′- N1274.5′ 6.73AC NET
    GEO Tax ID#
    T2100-00-277-0005-04
    POA/HOA YN
    No
     
     
     
     
     
    Assessment & Tax
    Assessment Year
    2023
    2022
    2021
    Assessed Value – Total
    $118,809
    $113,225
    $101,296
    Assessed Value – Land
     
     
     
    Assessed Value – Improved
     
     
     
    YOY Change ($)
    $5,584
    $11,929
     
    YOY Change (%)
    5%
    12%
     
    Tax Year
    2023
    2022
    2021
    Total Tax
    $2,850.58
    $2,948.38
    $2,742.89
    YOY Change ($)
    -$98
    Special Columns Missing
     
    YOY Change (%)
    -3%
    7%
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    5117 N. McColl Rd.,
    Mcallen, TX 78504

    (956) 270-2432
    office@velacommercial.com

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