For Sale

3.1 AC | Multifamily Development Opportunity | 2 Lots | Edinburg, Texas

2013 and 2015 Terrica Lane,
Edinburg, TX 78542

Asset Snapshot

3.11 Acres
Land Area

Offering Summary

Investment Overview

Two individually platted lots totaling ±3.11 acres (135,455 SF) at the southeast corner of S. Jackson Road and Terrica Lane in southwest Edinburg. Both lots are shown as RM (Residential, Multifamily) on the City of Edinburg zoning map. Lot 4 (1.83 AC) is a corner lot with 525 feet of frontage on S. Jackson Road; Lot 5 (1.28 AC) fronts the Terrica Lane cul-de-sac. Across Terrica Lane to the north is an 82-unit, three-story apartment community completed in 2024; across S. Jackson Road is Jackson Heights, a single-family subdivision built 2016–2019. City water and sanitary sewer mains are mapped near the site. Offered together at $915,000 ($6.76/SF) or individually: Lot 4 at $545,000 and Lot 5 at $370,000. Estate sale, subject to court approval.


Investment Highlights

  • • ±3.11 AC across two platted lots; offered together or individually
  • • RM (Residential, Multifamily) per the City of Edinburg zoning map
  • • Lot 4: corner lot with 525 ft on S. Jackson Rd (120-ft ROW)
  • • Across Terrica Ln from an 82-unit apartment community completed in 2024
  • • City water and sewer mains mapped near the site
  • • $915,000 ($6.76/SF) · Lot 4 $545,000 · Lot 5 $370,000

How it Works

Need Help?

Your brokers are your first point of contact for any listing or process questions. For additional support:

Listing Syndicated From

Buildout
Accepting Offers
$915,000
Asking Price

Investment Sales Broker

Mark Hanna, CCIM
SVN | Hanna Solutions Commercial Real Estate

Market Insights