1802 Aragon Drive, Harlingen, TX 78552
MULTI_FAMILY - Harlingen, TX
- Added:
- Jun 17, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 18 at 1:06 am
Property Features for 1802 Aragon Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 6
- Parking features
- Other, Garage
- Patio and Porch features
- Patio
- Fencing
- Privacy
- Appliances
- Electric Water Heater, Electric Cooktop, Stove/Range-Electric Coil
- Standard status
- Active
- APN
- 1848000000001000
- Size
- 1,960 SF
- Lot size
- 0.26 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 3365
Utilities
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2001
- Floors in Building
- 1
- Number of units
- 2
- Building materials
- Siding
- Roof type
- Shingle
Listing agent Maggie Harris License #0530155 (956) 821-9990
Listing office Keller Williams Realty RGV 3300 N Mccoll. Ste P & Q, McAllen, TX (956) 928-1155
Listing date Jun 17, 2026
Copyright © 2026 Greater McAllen Association 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.
HighLights
- Fully leased duplex with two 2‑bedroom, 2‑bath units
- Separate electric and water meters for each unit
- Roof replaced in 2025
- Central heating and central air
- Garage parking plus a patio
- Public water; electric water heater and electric cooktop/range
Overview
The duplex is located at 1802 Aragon Drive in Harlingen, Texas. The property is described as being near Harlingen High School, the Expressway, shopping, restaurants, and major employers, with access to nearby daily needs and employment.
For buyers seeking an occupied residential income property, this configuration offers two distinct living units within a single duplex structure. With separate metering already in place and a roof replacement completed in 2025, the unit economics and maintenance planning can be approached on a unit-by-unit basis. Proof of funds or lender pre-approval is required prior to contract acceptance. Showings are permitted only after the property is under contract and during the option period.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $24.7k | $12.60 |
| − Vacancy | −$1.6k | −$0.81 |
| EGI | $23.1k | $11.79 |
| − OpEx | −$6.9k | −$3.54 |
| NOI | $16.2k | $8.25 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Harlingen
- County
- Cameron
- State
- Texas
- Longitude
- -97.714672
- Latitude
- 26.174874
