3515 E RICHARDSON ROAD E, EDINBURG, TX 78542
Homes for sale in Edinburg.
Homes for sale in 78542.
List Price$1,500,000
3515 E Richardson Road E
Edinburg, TX 78542
Listing #508012
5,000
Square Feet
Commercial
Type
About This Property
The property located at 3515 East Richardson Rd. in Edinburg, Texas, Richardson Rd. is a major road in Edinburg. The road intersects with several major roads in the city, including US Highway 281. This property has excellent potential for multifamily redevelopment. The 10-acre parcel of land is currently zoned for commercial use but has the potential to be rezoned for multifamily development, given its prime location and ample space. The site is situated in a rapidly growing area of Edinburg, making it an ideal location for multifamily development to cater to the growing demand for housing in the region. The property is well-connected to major roads and highways, providing easy access to amenities, schools, and employment centers. With its prime location and potential for redevelopment, the property at 3515 East Richardson Rd. presents an excellent opportunity for investors and developers looking to capitalize on the growing demand for housing in the Edinburg area.
Property Features
Location Information
County
Hidalgo
Directions
Off of Highway 281, Head East on Richardson Rd of 1.1 miles. Pass the light on Doolittle Rd. The property is located on the North side of Richardson Rd. You will see a Green and Whit building and a sign on the front of the property with City Limits Automotive.
Subdivision
Bougainvillea Ranch
Interior Features
Heating
Central
Additional Equipment
Pole Sign
Cooling
Central Air
Appliances
Electric Water Heater
Floors
Concrete
Exterior Features
Construction
Block
Lot Description
See Remarks
Exterior
Motorized Gate
Lot Size in Acres
10
Roof
Metal
Lot Size in Sq. Ft.
435,600
Possession
Closing and Funding
Present Use
Manufacturing
Parking Description
Other
Building Total Area (Sq. Ft.)
3,000
Has Garage
Yes
Energy Features
None
Garage Spaces
20
Road Frontage
City Street
Parking Spaces
20
Additional Information
Property Type
COM
Units in Complex
1
Property SubType
Commercial
Taxes
3115
Year Built
1994
Tax Year
2022
APN
B377500000000100
Square Feet Source
HidalgoCAD
Status
Active
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Mortgage Calculator
$7,005
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$5,405
Monthly Tax
$1,250
Monthly Insurance
$350
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
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