LOT 37 Charity Cir # 37

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LOT 37 Charity Cir # 37

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 0.25 acres in La Feria.
  • Located at Lot 37 Charity Cir with convenient regional access.
  • Property dimensions support single-family home development projects.
  • Situated within a growing residential corridor in Texas.
  • Available for immediate acquisition by investors or builders.

What's Special

Constructing a single-family residence is an ideal application for this 0.25-acre parcel located at Lot 37 Charity Cir in La Feria, Texas. The site provides a cleared foundation for development in a growing residential area within the Rio Grande Valley. Proximity to major local thoroughfares ensures convenient access to neighboring cities and the broader regional economy, which is supported by a mix of agriculture, trade, and manufacturing sectors. Investors and builders looking for residential land in a manageable suburban setting will find this lot suitable for custom home projects. The property offers a straightforward footprint for residential layout planning and infrastructure integration. As the region continues to see residential demand, this specific lot presents a focused development opportunity for those seeking to expand their presence in the La Feria housing market.

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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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