3515 E Richardson Road E Edinburg, TX $ 1,200,000
3515 E Richardson Road E
$ 1,200,000
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3515 E Richardson Road E

Edinburg, TX, 78542
$ 1,200,000
Baths0.0 Sq 2,000

Monthly Estimate*

$ 8,382

3515 E Richardson Road E, Edinburg, TX 78542 - Image 1
3515 E Richardson Road E, Edinburg, TX 78542 - Image 2
Studio

Commercial Property for sale in Edinburg, TX

for $1,200,000. This 2,000 square foot building was built in 1994 on a lot size of 10.

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.

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Commercial Pending

Price

$ 1,200,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 3,115

Style

Commercial

Lot Size

10

Year Built

1994

Town/City

Edinburg

County/Region

Hidalgo

MLS | Web ID

403554

Features
General
Heating Central
Cooling Central Air
Possession Closing and Funding
Roof Metal
Appliances Electric Water Heater
Garage Spaces 20
Construction Materials Block
Year Built 1994
Property SubType Commercial
Tax Year 2022
Current Use Automotive
County Hidalgo
Property Type Commercial Sale
HOA / Comm Assn No
Energy Efficient None
Subdivision Name Bougainvillea Ranch
Garage Y/N Yes
Building Features None
Status Pending
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 si
City Edinburg
Lot Size Square Feet 435600
Carport Spaces 4
Carport Y/N Yes
Street Name Richardson
Tax Annual Amount 3115
Home Warranty Y/N No
Building Area Units Square Feet
Standard Status Pending
Grounds None
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Interior
Flooring None
Air Conditioning Y/N Yes
Heating Y/N Yes
Street Suffix Road
Living Area Units Square Feet
Retail SqFT 0
Warehouse SqFt 0
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Exterior
Parking Features Dirt
Lot Features See Remarks
Total Parking 24
Lot Size Area 10
Building Area Total 2000
Lot Size Acres 10
Lot Size Units Acres
Covered Spaces 24
Road Frontage Type City Street
Other Equipment Pole Sign
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* Excluded Features
List By
Manuel Salinas

Listing Agent

Coldwell Banker La Mansion

Broker

manuel.salinas@cbcworldwide.com

Email

Affordability Calculator

$8,642
Per Month
97%
3%
0%
Monthly Principal & Interest
$8,382
Monthly Property Taxes
$260
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% 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
3057399 Elementary School
3057620 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/25/2023$980,000 Listed Price

Map


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3515 E Richardson Road E, Edinburg, TX, 78542 is a Commercial Property for sale at $1,200,000 with 2,000 sqft and a lot size of 10. 3515 E Richardson Road E is a studio with 0.0 baths and was built in 1994. The property's zip code is 78542 which is in Edinburg, TX