2605 Roosevelt Road

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2605 Roosevelt Road

Harlingen, TX 78552
Asking Price
$375K
Asset Type
Residential Land
Class
Class B

AI Property Summary

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

  • Residential land parcel totaling 9.295 acres for sale
  • Located at 2605 Roosevelt Road in Harlingen Texas
  • Asset is currently offered at a price of 375000 dollars
  • Site positioned for future residential development or subdivision projects
  • Property situated within the growing Rio Grande Valley region

What's Special

This 9.295-acre parcel of residential land sits on Roosevelt Road in Harlingen, Texas. As part of the Rio Grande Valley, this region benefits from proximity to major transit corridors and a growing regional economy that supports diverse housing development. The site provides significant acreage for residential construction, allowing for various density layouts or a larger-scale housing community. With its strategic placement in a developing sector of Harlingen, the property is suited for investors or developers focused on the expanding residential needs of the local area. The land currently offers an open canvas for a variety of residential projects intended to accommodate the rising demand for housing in this part of the state.

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NOI
$80,000
Cap Rate
21.33%
DSCR
3.59
Strong
Cash-on-Cash
51.32%
Monthly Payment
$1,855.295
Annual Cash Flow
$57,736.455

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