717 East Ridge Road

McAllen, TX 78503

$1,529,000
Price
101,929 / 2.34
Lot Size / Acres

Description

This unique property is suitable for retail, restaurant, banking, hospitality, medical. 2021 population in 5 miles 140,000
(plus hundreds of thousands per year foreign shoppers). All major US banks have a presence in this area. High demand for restaurants targeting local and international consumers. FEMA flooding map shows the property OUT of flooding zones. Traffic at the property is 21,000 cars per day, while one block North on Expressway 83 is 127,000 CPD. All major retailers, food chains, banks,
...This unique property is suitable for retail, restaurant, banking, hospitality, medical. 2021 population in 5 miles 140,000
(plus hundreds of thousands per year foreign shoppers). All major US banks have a presence in this area. High demand for restaurants targeting local and international consumers. FEMA flooding map shows the property OUT of flooding zones. Traffic at the property is 21,000 cars per day, while one block North on Expressway 83 is 127,000 CPD. All major retailers, food chains, banks, hospitals, La Plaza Mall, McAllen's International airport are within a short distance. The hotel's average annual occupancy in the area is extremely high due to consumers from out of the country. Two lots for this property ( lot 2 with 1.07 acres and lot 6 with 1.27 acres), current use: agricultural, zoned commercial. Adjacent parcels are available if the buyer is looking for a larger tract of land. video https://youtu.be/CZTa5jsLMoE
  1. Listed by Cesar Cepeda • TREC #801067489 • Re/Max Associates

Property Details for 717 East Ridge Road

Community Features
None, Sidewalks, Street Lights
Subdivision Name
San Sebastian

Location

Listing Courtesy of Re/Max Associates
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LISTING UPDATED: 03/02/2024 05:21 PM

Property Details for 717 East Ridge Road

StatusActive
MLS #429644
Days on Market69
Taxes$33,491 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Commercial
Year Built-
Lot Size2.34 AC
CountyHidalgo County

Location

Listing Courtesy of Re/Max Associates
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Building Information for 717 East Ridge Road

Lot Size2.34 AC

Payment Calculator

$11,135 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,344

Property Taxes

$2,791

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 717 East Ridge Road

Summary
Location and General Information
  • Directions: From Expressway 83, South on McColl Rd. one block, turn left (East) on Ridge Rd. and the property is adjacent to Walgreens Pharmacy to the East, located at the North side of Ridge Rd.
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Topography: Level
School Information
  • Elementary School: Fields
  • Elementary School District: McAllen ISD
  • High School: McAllen H.S.
  • High School District: McAllen ISD
  • Middle Or Junior School: Travis
  • Middle Or Junior School District: McAllen ISD
Taxes and HOA
  • Association: No
  • Parcel Number: S118400000000200 & S595000014000612
  • Tax Annual Amount: $33,491
  • Tax Legal Description: SAN SEBASTIAN LOT 2 & LOT 6
  • Tax Year: 2023
Virtual Tour
Property
Lot Information
  • Building Area Units: Square Feet
  • Current Use: Commercial
  • Crops: None
  • Living Area Units: Square Feet
  • Lot Features: Curb & Gutters
  • Lot Size Acres: 2.34
  • Lot Size Area: 2.34
  • Lot Size Square Feet: 101929.9644
  • Lot Size Units: Acres
Property and Assessments
  • Agriculture Tax Value: $0
  • Escrow: $16,000.00
  • Possible Use: Commercial
Utilities
  • Water Comments: none
  • Irrigation Source: Irrigation Water District: Other
  • Irrigation Water Rights: No
  • Sewer: City Sewer
  • Utilities: City Garbage, Electricity Connected, Water Connected, Sewer Connected, Phone Connected
  • Water Source: Public, City
  • Electric: 110VAC, 220 Volts
  • Electric On Property: Yes
Mobile Home
Mobile Home Information
  • Home Warranty: No
Interior and Exterior Features
Exterior Features
  • Fencing: None
Rental
Rental Information
  • Leased Rent Share: 0

Property History for 717 East Ridge Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 717 East Ridge Road

Taxable ValueLand$518Additions-Total$518
Tax Record2022$11 ($1 / month)
Home Facts
Beds0Lot Size47,001 SqFtStyleMiscellaneous Vacant LandZoningCOCountyHIDALGOAPNS1184-00-000-0002-00

Schools near 717 East Ridge Road

This home is within Pharr-San Juan-Alamo Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 7 to 12
Rating
School
Distance
Aida C Escobar Elementary School
PublicPK to 5

Kennedy Middle School
Public6 to 8

Psja Southwest Early College High School
Public9 to 12

Buell Central Daep
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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717 East Ridge Road is a 2.34 ac of land for sale in McAllen, TX 78503. This property was listed for sale on March 2, 2024 by Re/Max Associates, it's currently listed at $1,529,000. This listing's school district is Pharr-San Juan-Alamo Independent School District. Nearby schools include Aida C Escobar Elementary School, Kennedy Middle School and Psja Southwest Early College High School. 717 East Ridge Road is a 0-bed, 0-bath, 2.34 ac of land on a 101,929 sq. ft. / 2.34 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Re/Max Associates

Based on information from one of the following Multiple Listing Services: GMAR MLS, South Texas MLS and Amarillo Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by GMAR MLS, South Texas MLS and Amarillo Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.