1506 Platinum DrEdinburg, TX 78539

For Sale
$300,000

Prime Edinburg/Pharr investment opportunity. Build your dream complex.

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 23,391.72 square foot lot, located at 1506 W Platinum Drive in Pharr, Texas (zip code 78579), presents a remarkable opportunity for developers and investors. Situated in Hidalgo County, this commercially zoned property is ideally suited for the construction of a substantial multifamily development. Preliminary plans suggest the potential to build between eight and twelve apartment units, although the final number will depend on the chosen building design and configuration. The lot's dimensions are 101 feet by 231 feet, providing ample space for a significant project. The asking price for this prime development land is $300,000. This property offers significant potential for substantial returns, making it an attractive investment in a growing Texas market. The property is conveniently located near the intersection of Sugar and 495, offering easy access to major transportation routes and amenities. This is a rare chance to acquire a large, well-positioned lot perfect for creating a thriving apartment complex. Don't miss this chance to capitalize on this exceptional investment opportunity.

Highlights

  • $300,000 asking price.
  • Multifamily land investment opportunity in Pharr, TX.
  • 23,391.72 sq ft lot size.
  • Potential for 8-12 apartment units.
  • Located at 1506 W Platinum Drive, Pharr, TX 78539.

Location Insight

City
Edinburg
County
Hidalgo
State
Texas
Latitude
26.268255
Longitude
-98.1884949
1506 Platinum Dr, Edinburg, Texas

FAQs

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1506 Platinum Dr
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