1602 E Sprague Street Edinburg, TX ^$ 6,500,000

1602 E Sprague Street

^$ 6,500,000

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1602 E Sprague Street

Edinburg, TX, 78539

^$ 6,500,000

Studio Baths0.0

Monthly Estimate*

^$ 43,201

1602 E Sprague Street, Edinburg, TX 78539 - Image 1

1602 E Sprague Street, Edinburg, TX 78539 - Image 2

1602 E Sprague Street, Edinburg, TX 78539 - Image 3

1602 E Sprague Street, Edinburg, TX 78539 - Image 4

Studio

Lots and Land for sale in Edinburg, TX

for $6,500,000. The lot size is 6.16.

Exceptional commercial development potential! This 6+/- acre parcel situated on the corner of Hwy 281 & Sprague boasts great visibility and convenient access to highway frontage, ensuring prime exposure to consumer traffic. Explore this investment opportunity today!

Lots and Land Active

Price

^$ 6,500,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 5,804

Style

Commercial

Lot Size

6.16

Town/City

Edinburg

County/Region

Hidalgo

MLS | Web ID

429688

Features

General

Utilities Water Connected Sewer Connected

Possession Closing and Funding

Property SubType Commercial

Tax Year 2024

Current Use Commercial Unimproved

Community Features None

County Hidalgo

Property Type Land

HOA / Comm Assn No

Subdivision Name Tex-Mex Survey

Possible Use Commercial Subdevelopment

Status Active

Directions Property is on the east corner of Hwy 281 and Sprague St

High School Edinburg H.S.

City Edinburg

High School District Edinburg ISD

Lot Size Square Feet 268329.6

Street Name Sprague

Elementary School LBJ

Tax Annual Amount 5804

Home Warranty Y/N No

Middle/Junior High School Barrientes

Building Area Units Square Feet

Standard Status Active

Middle/Junior School District Edinburg ISD

Elementary School District Edinburg ISD

Water Comments N/A

Exterior

Fencing None

Lot Features Corner Lot

Water Source Public City

Lot Size Area 6.16

Lot Size Acres 6.16

Road Surface Type Paved Road Paved

Lot Size Units Acres

Road Frontage Type City Street

Crops None

Interior

Street Suffix Street

Electric On Property Y/N No

Living Area Units Square Feet

* Excluded Features

List By

Jaime Lee Gonzalez

Listing Agent

Keller Williams Realty Rgv

Broker

jaime@jlgrealtor.com

Affordability Calculator

$43,685

Per Month

Monthly Principal & Interest: $43,201
Monthly Property Taxes: $484
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Lots and land listings in Edinburg, TX

Average List Price ^$483,677

Percent of Sale Price 93%

About Edinburg, TX

92,104 Population

79% Since 2002

^$45,830 Median Income

29.94 Median Age

42% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3057200 Elementary School

3057434 Middle School

Edinburg H.S. High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/6/2024	$6,500,000		Listed Price

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1602 E Sprague Street, Edinburg, TX, 78539 is a Lots and Land for sale at $6,500,000 with a lot size of 6.16. 1602 E Sprague Street is a studio with 0.0 baths. The property's zip code is 78539 which is in Edinburg, TX

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this web site comes in part from the Greater McAllen Association of Realtors

IDX information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.

Data is updated as of 6/2/2024.

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1602 E Sprague Street

Lots and Land for sale in Edinburg, TX

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