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Six-Unit Duplex Portfolio

1801 Midlane Dr, Harlingen, TX 78552

For Sale
$813,000

Residential Income, Harlingen, TX

Property Size5,880 SF
Lot Size0.84 Acres
Price / SF$138.27
Days on Market49

Property Features for 1801 Midlane Dr

General Information

Property type Residential Multi Family
Property subtype Other
Zoning multi
Bedrooms 12
Bathrooms 12
Full bathrooms 12
Rooms Bathroom 12, Bathroom 1, Bedroom 2, Bedroom 3, Bedroom 11, Bathroom 5, Bathroom 8, Bedroom 4, Bedroom 9, Bedroom 10, Bedroom 8, Bathroom 10, Bathroom 6, Bathroom 4, Bedroom 6, Bedroom 1, Bathroom 3, Bedroom 7, Bedroom 12, Bathroom 7, Bathroom 9, Bathroom 2, Bathroom 11, Bedroom 5
Parking features Assigned
Patio and Porch features Patio
Interior features Cabinets-Manufactured, Ceiling Fan(s), Ceilings-Elevated, Smoke Detector, Walk-in Closet, Washer/Dryer Hook-up
Exterior features Fence - Privacy, Patio
Fencing Privacy
Appliances Oven-Single, Refrigerator, Stove
Elementary school district Harlingen CISD
Middle school district Harlingen CISD
High school district Harlingen CISD
Subdivision Harlingen
Standard status Active
Size 5,880 SF
Lot size 0.84 Acres

Taxes and HOA fees

Tax Year 2005
Tax Annual Amount 8541

Amenities

private backyards

Building Details

Year built 2003
Floors in Building 1
Number of units 6
Flooring type Tile
Building materials Vinyl Siding
Buildings 3
Listing Agency: The Agency Austin
Listed By: Myra Garcia · License #719556
Added: Sep 22 Changed: Oct 31 Last Checked: Nov 9 at 3:06AM
MLS# 106814

Copyright © 2026 South Padre Island Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This residential income property combines three contiguous duplexes into a six-unit portfolio totaling 5,880 square feet on 0.84 acres. Built in 2003, the buildings are 100% occupied and provide consistent two-bedroom, two-bath layouts. Individual units include tile flooring, elevated ceilings, ceiling fans, walk-in closets, washer/dryer hookups, and kitchens equipped with ovens, refrigerators, and stoves.

Each duplex includes private fenced outdoor space with patios, while assigned parking supports resident use. The properties are located on Midlane Dr in Harlingen, with access to I-2 and I-69E. Multi-family zoning is identified for the site, and the three addresses are 1801, 1805, and 1809 Midlane Dr.

Key Highlights

  • Three contiguous duplexes totaling 6 units
  • 5,880 square feet on 0.84 acres
  • 100% occupied with two‑bedroom, two‑bath unit layouts

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$48,511
Cap Rate
5.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$970,220 $970.2K
Cap Rate 7%
$693,014 $693.0K
Cap Rate 9%
$539,011 $539.0K
Market Conditions
NOI Build-Up for 5,880 SF
Gross rent
$74.1K $12.60/SF
− Vacancy
−$4.8K −$0.81/SF
EGI
$69.3K $11.79/SF
− OpEx
−$20.8K −$3.54/SF
NOI
$48.5K $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%
$970,220
Cap Rate 7%
$693,014
Cap Rate 9%
$539,011

Alternative Uses

Best Use
Multifamily LT 5
$693.0K
$606.4K – $808.5K (±1% cap)
NOI $48,511 @ 7.0% cap · market cap 5.97%
Second Best
Apartment 5plus
$635.5K
$556.1K – $741.5K (±1% cap)
NOI $44,488 @ 7.0% cap · market cap 5.47%
Theoretical Best
Healthcare Medical
$1.01M
$885.9K – $1.18M (±1% cap)
NOI $70,870 @ 7.0% cap · market cap 8.72%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Grocery & Convenience Store (Bike/Boat/Book/etc) Store Electrical Service Locksmith Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units
100%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

284
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Duplexes in Cameron County, TX

$221 Jul
$209 Aug
$198 Sep
$203 Oct

Properties on Market for Duplexes in Cameron County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Three adjoining properties offer fully leased residential units with private backyards and assigned parking.
Where is this duplex located?
The property is located at 1801 Midlane Dr Harlingen, TX.
What is the asking price?
The asking price for this property is $813,000.
What are key features of this property?
This property features: Three contiguous duplexes totaling 6 units; 5,880 square feet on 0.84 acres; 100% occupied with two‑bedroom, two‑bath unit layouts
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