New Construction
For Sale
$354,000
1014 ESCONDIDO LN., Harlingen, TX 78550
Residential Income, HARLINGEN, TX
Property Size2,690 SF
Lot Size0.15 Acres
Price / SF$131.60
Days on Market56
Property Features for 1014 ESCONDIDO LN.
General Information
Property type
Residential Multi Family
Property subtype
Other
Property condition
Under Construction
Interior features
Ceiling Fan(s), Smoke Alarm(s), Walk-in Closet(s)
Appliances
Range, Refrigerator
Subdivision
ESCONDIDO
Lot features
Curb & Gutter
Elementary school
BONHAM
Middle school
VERNON
High school
HARLINGEN
Elementary school district
HARLINGEN C.I.S.D.
Middle school district
HARLINGEN C.I.S.D.
High school district
HARLINGEN C.I.S.D.
Standard status
Active
Size
2,690 SF
Lot size
0.15 Acres
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
dedicated laundry room
Building Details
Year built
2026
Floors in Building
1
Number of units
2
Flooring type
Tile
Listing Agency:
KELLER WILLIAMS LRGV · Keller Williams Realty
(956) 423-8877
Listed By:
VANESSA CANTU · License #0738372
(956) 970-2851
Added: Sep 9
Changed: Oct 19
Last Checked: Nov 3 at 2:06AM
MLS# 29779367
Copyright © 2026 Rio Grande Valley Multiple Listing Service Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This duplex is under construction and contains 2,690 square feet across two residential units. Each unit is designed with 2 bedrooms, 2 full bathrooms, a dedicated laundry room, and a contemporary floor plan. Tile flooring, central heating, central air, ceiling fans, smoke alarms, and walk-in closets are specified throughout the property, with a range and refrigerator provided for each residence.
Built in 2026 on a 0.15-acre lot, the property will connect to public water and public sewer. Its location in Harlingen provides access to schools, shopping, dining, and major roadways. The two-unit configuration supports separate residential occupancy within a single multifamily property.
Built in 2026 on a 0.15-acre lot, the property will connect to public water and public sewer. Its location in Harlingen provides access to schools, shopping, dining, and major roadways. The two-unit configuration supports separate residential occupancy within a single multifamily property.
Key Highlights
- 2,690‑square‑foot duplex under construction
- Two units, each with 2 bedrooms and 2 full bathrooms
- Dedicated laundry room in each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,193
Cap Rate
6.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$443,860
$443.9K
Cap Rate 7%
$317,043
$317.0K
Cap Rate 9%
$246,589
$246.6K
Market Conditions
NOI Build-Up for 2,690 SF
Gross rent
$33.9K $12.60/SF
− Vacancy
−$2.2K −$0.81/SF
EGI
$31.7K $11.79/SF
− OpEx
−$9.5K −$3.54/SF
NOI
$22.2K $8.25/SF
Area
Cameron County, TX
Vacancy
6.46%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$443,860
Cap Rate 7%
$317,043
Cap Rate 9%
$246,589
Alternative Uses
Best Use
Multifamily LT 5
$317.0K
$277.4K – $369.9K
NOI $22,193 @ 7.0% cap · market cap 6.27%
Second Best
Apartment 5plus
$290.7K
$254.4K – $339.2K
NOI $20,352 @ 7.0% cap · market cap 5.75%
Theoretical Best
Healthcare Medical
$463.2K
$405.3K – $540.4K
NOI $32,422 @ 7.0% cap · market cap 9.16%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
17
Businesses Nearby
Explore this area
Business Placement
Demographics for 78550, TX
56,038
Population
22,347
Households
2.5
Avg Household Size
35
Median Age
22%
College-Educated
77%
High-School Grad
94.2 sq mi
ZIP Area
595
Density / Sq Mi
$51,524
Median Household Income
$32,065
Median Earnings
$863
Median Rent
$120,500
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit property with modern finishes, private laundry rooms, and a practical two-bedroom, two-bathroom layout in each residence.
Where is this duplex located?
The property is located at 1014 ESCONDIDO LN. Harlingen, TX.
What is the asking price?
The asking price for this property is $354,000.
What are key features of this property?
This property features: 2,690‑square‑foot duplex under construction; Two units, each with 2 bedrooms and 2 full bathrooms; Dedicated laundry room in each unit
