27288 Baker Potts Rd. # 1

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27288 Baker Potts Rd. # 1

Harlingen, TX 78552
Asking Price
$239K
Asset Type
Residential Land
Class
Class B

AI Property Summary

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

  • Residential land tract spanning 5.02 acres in Harlingen
  • Asset listed for sale at an asking price of $239,000
  • Located at 27288 Baker Potts Rd. within the Rio Grande Valley
  • Suitable for residential development or strategic land holding
  • Positioned in a growing South Texas regional economic market

What's Special

Harlingen serves as a primary hub for the Rio Grande Valley, providing a strategic position within a growing region of South Texas. This 5.02-acre parcel of land, situated at 27288 Baker Potts Rd. #1, sits within this established market known for its accessibility and steady development patterns. The property is currently designated as residential land, offering a significant footprint for those looking to acquire acreage in a functional suburban setting. Given the expanse of the site, it provides versatile options for residential development or long-term land banking in a region characterized by continued economic expansion. The site benefits from its position in an area that balances quiet residential life with convenient proximity to the broader infrastructure of the Harlingen submarket. Investors and developers will find the scale of this tract useful for projects requiring substantial space in a well-connected Texas corridor.

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NOI
$80,000
Cap Rate
33.47%
DSCR
5.64
Strong
Cash-on-Cash
91.79%
Monthly Payment
$1,182.442
Annual Cash Flow
$65,810.701

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