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Multifamily Development Land Opportunity
For Sale
$425,000

1210 Paloma Lane, Harlingen, TX 78552

Three lots zoned Multifamily M-2, ideal for residential development.

Property Size166,834 SF
Price / SF$2.55
Days on Market506

Property Features for 1210 Paloma Lane

General Information

Standard status Active
Size 166,834 SF
Property subtype Land / Acreage
Zoning M2

Taxes and HOA fees

Annual Taxes $1,842
Listing Agency: Nai Stx
Listed By: Laura Liza Paz · License #801000353
Source: Compass
Added: May 20, 2025 Changed: Oct 6 Last Checked: Oct 5 at 9:19PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Nai Stx

Investment Insights

Based on property information with market context.

This investment opportunity features three subdivided lots zoned Multifamily M-2. The site is suitable for the development of duplexes, triplexes, fourplexes, or larger apartment complexes, offering flexibility to build according to various investment strategies. The property is well-positioned for residential developers and value-driven investors seeking long-term upside due to its favorable zoning, strong market demand, and ample frontage.

Key Highlights

  • Zoned Multifamily M‑2: Allows for diverse development options.
  • Subdivided into Three Lots: Offers immediate development potential on multiple parcels.
  • Strong Market Demand: Indicates a high likelihood of successful rental or sales.

Property Analytics

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Current Use

Land

Location Intelligence

Trade Area within ½ mile

208
Businesses Nearby

Demographics for 78552, TX

38,474
Population
16,009
Households
2.4
Avg Household Size
37
Median Age
22%
College-Educated
81%
High-School Grad
48.0 sq mi
ZIP Area
802
Density / Sq Mi
$67,183
Median Household Income
$34,571
Median Earnings
$1,054
Median Rent
$154,500
Median Home Value
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Frequently Asked Questions

What type of property is this?
Land - Three lots zoned Multifamily M-2, ideal for residential development.
Where is this land located?
The property is located at 1210 Paloma Lane Harlingen, TX.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Zoned Multifamily M‑2: **Allows for diverse development options.**; Subdivided into Three Lots: **Offers immediate development potential on multiple parcels.**; Strong Market Demand: Indicates a high likelihood of successful rental or sales.
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