50-Unit Apartment
2505 S Parkwood Dr, Harlingen, TX 78550
For Sale
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Residents have access to covered parking, alongside a mix of two- and three-bedroom layouts.
Property SizeContact for details
Days on Market55
Property Features for 2505 S Parkwood Dr
General Information
Standard status
Property subtype
Occupancy
Additional Details
Highway Access
Multifamily Units
Building Details
Year Built
Listing Agency:
The Multifamily Group
Listed By:
David Tello · License TX #816441
Source:
Crexi
Added: Sep 17
Changed: Nov 9
Last Checked: Nov 10 at 5:07AM
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 The Multifamily Group
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Investment Insights
Based on property information with market context.
Built in 1970, this 50-unit apartment property averages 1,320 square feet per residence and includes two- and three-bedroom layouts. Occupancy is 88%. The property also has 38 classic apartments identified for interior renovation, one down unit, and a studio-format office that could be converted to an additional residence. Covered parking is already in place.
At 2505 S Parkwood Dr in Harlingen, the property has direct access to I-2 and I-69E. Harlingen serves as a regional center for retail, healthcare, education, transportation, and logistics. Valley International Airport and the Port of Harlingen are also in the area.
At 2505 S Parkwood Dr in Harlingen, the property has direct access to I-2 and I-69E. Harlingen serves as a regional center for retail, healthcare, education, transportation, and logistics. Valley International Airport and the Port of Harlingen are also in the area.
Key Highlights
- 50 apartments averaging 1,320 square feet each
- Two- and three‑bedroom floor plans
- Built in 1970; currently 88% occupied
Property Analytics
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Lease Details
50
Residential units
88%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
731
Businesses Nearby
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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
$120,500
Median Home Value
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Market
Average Price Trend$/SF for Apartment buildings in Cameron County, TX
Properties on Market for Apartment buildings in Cameron County
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - Residents have access to covered parking, alongside a mix of two- and three-bedroom layouts.
Where is this apartment building located?
The property is located at 2505 S Parkwood Dr Harlingen, TX.
What are key features of this property?
This property features: 50 apartments averaging 1,320 square feet each; Two- and three‑bedroom floor plans; Built in 1970; currently 88% occupied
