3233 Westgate Cir.

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3233 Westgate Cir.

Harlingen, TX 78552
Asking Price
$128K
Asset Type
Residential Land
Class
Class B

AI Property Summary

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

  • The site encompasses a total of 54 acres of land.
  • Property is zoned for residential development and use cases.
  • The land is available for purchase at $128,000.
  • Harlingen serves as a key economic hub in the valley.
  • Located at 3233 Westgate Cir. within Harlingen zip code 78552.

What's Special

Development of residential housing is the primary potential for this 54-acre land parcel situated at 3233 Westgate Cir. in Harlingen, Texas. The site provides significant acreage for large-scale residential projects, catering to the growing housing demand in this region of the Rio Grande Valley. Investors and developers can capitalize on the land's extensive footprint to create planned communities or sub-divisions positioned within the 78552 zip code. Harlingen maintains a stable economy supported by its role as a regional hub for healthcare and international trade near the Mexican border. The area benefits from connectivity to major transit routes, facilitating access to surrounding metro centers. This tract represents an accessible opportunity for entities looking to expand their residential portfolio in a Texas market experiencing consistent regional growth.

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NOI
$80,000
Cap Rate
62.50%
DSCR
10.53
Strong
Cash-on-Cash
188.54%
Monthly Payment
$633.274
Annual Cash Flow
$72,400.71

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