New Multifamily Property on
For Sale
Contact for pricing
625 Loop 499, Harlingen, TX 78550
New 8-unit multifamily property on a large corner lot.
Property SizeContact for details
Days on Market1026
Property Features for 625 Loop 499
General Information
Standard status
Active
Property subtype
Multifamily
Building Details
Year Built
2022
Buildings
1
Units
8
Listing Agency:
THE MBTEAM
(956) 357-4632
Listed By:
Monica Benavides
Source:
Crexi
Added: Nov 11, 2023
Changed: Aug 28
Last Checked: Aug 31 at 6:27AM
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 MBTEAM
Investment Insights
Based on property information with market context.
This new construction multifamily property features eight units and is situated on a large corner lot. Each unit includes one bedroom and one bathroom. The property is located on Loop 499, offering proximity to Valley International Airport and TSTC. Seven of the eight units are currently leased. Each unit is equipped with a tankless water heater and washer and dryer hookups. The property has one water meter and individual electric meters. The property has potential for additional multi-family buildings and a commercial plaza.
Key Highlights
- Potential for additional multi‑family buildings and a commercial plaza.
- New construction (2022) 8‑unit multi‑family property.
- 7 of 8 units currently leased.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
85
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - New 8-unit multifamily property on a large corner lot.
Where is this apartment building located?
The property is located at 625 Loop 499 Harlingen, TX.
What is the asking price?
The asking price for this property is $765,000.
What are key features of this property?
This property features: Potential for additional multi‑family buildings and a commercial plaza.; New construction (2022) 8‑unit multi‑family property.; 7 of 8 units currently leased.
