Parker Road N

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Parker Road N

Santa Rosa, TX 78593
Asking Price
$395K
Asset Type
Land
Class
Class B

AI Property Summary

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

  • The property encompasses 18.84 acres of available land.
  • The asking price for this parcel is $395,000.
  • This land is situated on Parker Road N in Santa Rosa.
  • The site location is positioned at 26.2850, -97.8215 coordinates.
  • The asset is located within the 78593 ZIP code area.

What's Special

Agricultural operations or large-scale residential development represent the primary potential for this 18.84-acre parcel on Parker Road N in Santa Rosa, Texas. The flat topography and open layout of the land provide a versatile foundation for various project types within this growing region of the Rio Grande Valley. Investors and developers often look to this area for its accessibility and proximity to regional infrastructure, making it a functional choice for those seeking land holdings in Cameron County. Santa Rosa remains a quiet yet accessible submarket, characterized by its steady agricultural roots and connection to the broader metro economy. With significant acreage available, the property serves as a blank canvas for buyers aiming to execute long-term land strategies or buildout plans. The site occupies a strategic position within the 78593 ZIP code, offering manageable access to regional thoroughfares while maintaining the rural character preferred for specific land use developments.

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NOI
$80,000
Cap Rate
20.25%
DSCR
3.41
Strong
Cash-on-Cash
47.72%
Monthly Payment
$1,954.244
Annual Cash Flow
$56,549.066

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