1806 Aragon Drive, Harlingen, TX 78552
MULTI_FAMILY - Harlingen, TX
- Added:
- Jun 17, 2026
- Days on Market:
- 1
- Last Refresh:
- Jun 17 at 9:06 pm
Property Features for 1806 Aragon Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 6
- Parking features
- Garage, Other
- Patio and Porch features
- Patio
- Fencing
- Privacy
- Appliances
- Electric Water Heater, Electric Cooktop, Stove/Range-Electric Coil
- Standard status
- Active
- APN
- 1848000000002000
- 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
- Built in 2001 with central heating and central air
- Garage parking plus privacy fencing and a patio
- Utilities: public water; appliances include electric water heater and electric cooktop
Overview
Located at 1806 Aragon Drive in Harlingen, Texas, the property is described as being near Harlingen High School, the Expressway, and surrounding shopping and dining, with access to major employers.
For investors seeking an owner-occupied or portfolio-ready rental, the fully leased configuration and separate metering are practical features to consider. 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
