2520 S Parker Rd.

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2520 S Parker Rd.

La Feria, TX 78559
Asking Price
$250K
Asset Type
Residential Land
Class
Class B

AI Property Summary

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

  • The 2.508-acre parcel is currently listed for $250,000.
  • Property is designated for residential development purposes in La Feria.
  • Located at 2520 S Parker Rd. within the state of Texas.
  • Coordinates for the site are 26.1423 and -97.8196.
  • Land size supports residential construction in the local submarket.

What's Special

Priced at $250,000, this 2.508-acre parcel of land sits at 2520 S Parker Rd. in La Feria, Texas. The site provides a substantial footprint for residential development within a growing community in the Rio Grande Valley. Its position offers connectivity to regional transit corridors, making it a functional choice for residential builders or investors looking to establish a presence in this segment of the state. Local development activity in this part of Texas continues to reflect steady demand for housing expansion. This land is well-suited for single-family residential projects or potential multi-unit layouts depending on local requirements. The acreage provides sufficient space for site planning, drainage considerations, and residential infrastructure, positioning it as a practical acquisition for developers navigating the current market landscape.

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NOI
$80,000
Cap Rate
32.00%
DSCR
5.39
Strong
Cash-on-Cash
86.88%
Monthly Payment
$1,236.864
Annual Cash Flow
$65,157.637

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