312 Charity Cir LOT 17

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312 Charity Cir LOT 17

La Feria, TX 78559
Asking Price
Contact for price
Asset Type
Residential Land
Class
Class B

AI Property Summary

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

  • Residential land parcel spanning 0.16 acres in La Feria
  • Located at 312 Charity Cir within the local community
  • Suitable for new residential construction and site development
  • Positioned within the growing Rio Grande Valley market area
  • Convenient access to major regional highway infrastructure

What's Special

Construct a custom residence on this 0.16-acre plot situated at 312 Charity Cir in La Feria, Texas. This residential land parcel presents a practical development prospect for those looking to establish a foothold in a growing region of the Rio Grande Valley. The site sits within a well-defined subdivision, offering a cleared footprint ready for new construction. La Feria maintains a steady pace of growth as a suburban community, providing residents with straightforward access to regional thoroughfares that connect the broader metropolitan area. The area is characterized by its accessible residential atmosphere, making it a viable option for a primary home or a strategic addition to a local housing portfolio. Its size allows for efficient site planning while maintaining the quiet character typical of the surrounding suburban landscape. Investors and homebuilders will find this lot contributes to the ongoing residential inventory expansion within Cameron County.

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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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