3321 Westgate Cir.

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3321 Westgate Cir.

Harlingen, TX 78550
Asking Price
$87K
Asset Type
Residential Land
Class
Class B

AI Property Summary

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

  • Residential land parcel spanning 0.22 acres in Harlingen.
  • Asking price for the property is set at $87,000.
  • Located at 3321 Westgate Cir. within the Texas market.
  • Suitable site for individual residential housing development projects.
  • Positioned in a region characterized by consistent economic growth.

What's Special

Priced at $87,000, this 0.22-acre residential land parcel at 3321 Westgate Cir. in Harlingen, Texas, provides a specific foundation for new housing development. Situated in a region known for its steady growth and access to the Rio Grande Valley, the property benefits from the area's ongoing economic development and increasing demand for residential space. Harlingen serves as a significant hub for healthcare, logistics, and retail in the southern tip of Texas, making it an accessible point for those looking to tap into a stable local economy. This vacant plot presents a clear path for builders or private investors interested in residential construction projects within a established neighborhood setting. The site's dimensions are suited for single-family residential applications, allowing for various architectural designs that align with existing local housing patterns. Its proximity to major regional transit routes ensures connectivity for future residents seeking reliable commutes to larger urban centers throughout the valley.

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NOI
$80,000
Cap Rate
91.95%
DSCR
15.49
Strong
Cash-on-Cash
286.72%
Monthly Payment
$430.429
Annual Cash Flow
$74,834.858

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