Abd Rd.

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Abd Rd.

Harlingen, TX 78552
Asking Price
Contact for price
Asset Type
Residential Land
Class
Class B

AI Property Summary

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

  • Expansive 18.61-acre land tract located in Harlingen Texas
  • Residential zoned parcel suitable for future development projects
  • Positioned within the growing Rio Grande Valley regional market
  • Versatile acreage ideal for single-family or residential community use
  • Located along Abd Rd with access to local infrastructure

What's Special

This 18.61-acre residential land parcel is situated on Abd Rd. in Harlingen, Texas. Harlingen serves as a key component of the Rio Grande Valley, a region recognized for its consistent population growth and role as a significant hub for cross-border trade and agriculture. The site provides ample acreage for developers seeking to expand housing stock in a submarket characterized by steady demand for residential development. Proximity to major regional transportation corridors supports accessibility to surrounding communities and the broader metro area economic centers. Given the size of the tract, it is well-suited for a variety of residential projects, ranging from single-family subdivisions to planned residential communities. Investors and builders will find the expansive footprint versatile for meeting the housing needs of this growing corridor of Texas.

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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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