10697 S La Siesta Cir

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10697 S La Siesta Cir

La Feria, TX 78559
Asking Price
$64K
Asset Type
Residential Land
Class
Class B

AI Property Summary

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

  • The site spans a total of 0.73 acres.
  • Located in La Feria within the Rio Grande Valley.
  • Property is designated for residential use.
  • Offered for sale at a price of $63,500.
  • Strategically situated for new home construction projects.

What's Special

This 0.73-acre residential land parcel is available for sale in La Feria, Texas. Situated within a growing region of the Rio Grande Valley, the site provides direct access to the local community infrastructure while maintaining proximity to major regional thoroughfares. The property is well-suited for a single-family residential development or a private homesite for those looking to build in this expanding submarket. La Feria offers a quiet, accessible environment with steady growth trends that support long-term interest for investors and individual buyers alike. Future owners can take advantage of the site's dimensions to accommodate various residential layouts, benefiting from the ongoing economic development characteristic of the greater Harlingen area.

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NOI
$80,000
Cap Rate
125.98%
DSCR
21.22
Strong
Cash-on-Cash
400.16%
Monthly Payment
$314.163
Annual Cash Flow
$76,230.04

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