216 Tim Garcia Street

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216 Tim Garcia Street

La Feria, TX 78559
Asking Price
$40K
Asset Type
Residential Land
Class
Class B

AI Property Summary

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

  • Residential land parcel available for purchase at 40,000 dollars.
  • The property measures a total of 0.092 acres in size.
  • Located at 216 Tim Garcia Street in La Feria Texas.
  • Positioned within the growing Rio Grande Valley economic region.
  • Suitable for residential construction or as a long-term investment asset.

What's Special

This residential land parcel is currently for sale, providing a strategic acquisition for individual buyers or developers seeking to establish a foothold in La Feria, Texas. Spanning 0.092 acres, the site serves as a foundation for a custom residential build or long-term land holding. La Feria maintains a quiet, community-focused character within the broader Rio Grande Valley, a region defined by its proximity to the Gulf Coast and consistent growth in housing demand. The location at 216 Tim Garcia Street benefits from the area's accessible infrastructure and its role as a residential hub between larger regional centers. Investors looking for entry-level residential opportunities will find this site suitable for low-density development or private residential use. Its scale is manageable for those focused on residential growth within this developing suburban market.

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NOI
$80,000
Cap Rate
200.00%
DSCR
33.69
Strong
Cash-on-Cash
646.88%
Monthly Payment
$197.898
Annual Cash Flow
$77,625.222

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