209 W Washington Ave.

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209 W Washington Ave.

Harlingen, TX 78550
Asking Price
Contact for price
Asset Type
Residential Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Residential land parcel spanning 0.13 acres available for acquisition
  • Located at 209 W Washington Ave. in Harlingen, Texas
  • Positioned within the active Rio Grande Valley economic corridor
  • Suitable for residential development or long-term land holding strategies
  • Access to local transit routes and regional infrastructure networks

What's Special

This 0.13-acre residential land parcel is located at 209 W Washington Ave. in Harlingen, Texas. Situated in a growing region of the Rio Grande Valley, the property benefits from the city's accessibility to major regional infrastructure and steady economic activity. Its residential zoning designation makes this a suitable candidate for individual home development or small-scale residential investment projects within the local market. The site provides a footprint for developers looking to establish a foothold in a Texas city recognized for its cost-effective living and proximity to major regional trade corridors. The surrounding residential character of the neighborhood supports consistent demand for housing solutions in the area.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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