1322 R. W. Way

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1322 R. W. Way

La Feria, TX 78559
Asking Price
$325K
Asset Type
Land
Class
Class B

AI Property Summary

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

  • The 1.656-acre land parcel is listed for sale at $325,000.
  • Located at 1322 R. W. Way in the city of La Feria.
  • Property coordinates are set at 26.1679 latitude and -97.8344 longitude.
  • Strategically positioned within the growing Rio Grande Valley commercial real estate market.
  • Land size is suitable for diverse commercial or industrial development projects.

What's Special

Priced at $325,000, this 1.656-acre parcel of land sits at 1322 R. W. Way in La Feria, Texas. The site provides a flexible canvas for developers or investors looking to establish a footprint in the Rio Grande Valley, a region known for its strong agricultural roots and expanding cross-border trade connections. The property's size and positioning within the local market make it suitable for a variety of commercial or industrial use cases, pending local development guidelines. Situated within a growing submarket, the lot benefits from regional connectivity provided by proximity to major transit corridors linking the area to larger metro hubs. Buyers interested in capitalizing on regional growth will find the site accessible and well-positioned for future project development. Investors and owner-occupants should review the specific zoning and infrastructure requirements for the site to determine the most viable path for construction or land banking strategies in this Texas locale.

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NOI
$80,000
Cap Rate
24.62%
DSCR
4.15
Strong
Cash-on-Cash
62.26%
Monthly Payment
$1,607.923
Annual Cash Flow
$60,704.928

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