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    Riverside Dr Harlingen, TX 78550

    For Sale
    $320,000

    4.5 Acres, 7 Subdivided Lots, Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 4.5-acre residential development site in Harlingen, Texas, presents a unique investment opportunity. Located on Riverside Drive, 78550, in Cameron County, this property is conveniently situated near the medical center, offering a desirable location for residential development. The land is already subdivided into seven lots, each with street frontage, providing immediate development potential. Existing infrastructure includes fire hydrants, curb and gutter, and water lines. Many lots feature mature trees, enhancing the aesthetic appeal. The property boasts a tranquil setting, characterized by its quiet, secluded location at a dead-end street, overlooking an arroyo and lush trees. While previously platted for multi-family or condo development, a specific use permit would be required for multi-family projects. The current zoning is residential. The lots vary in size and development potential

    Property Features for 0 Riverside Dr

    General Information

    Property type
    Land
    Lot Size
    196,020 SF

    HighLights

    • 4.5‑acre site comprised of seven contiguous lots in an "L" shape.
    • Ideal for residential development.
    • Residential zoning; multi‑family use requires a permit.
    • Annual property taxes: $2,663 (2022).
    • City water and sewer available.
    • Varied topography including level, sloping, and wooded areas.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Harlingen
    County
    Cameron
    State
    Texas
    Longitude
    -97.669574315795
    Latitude
    26.182539350159

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    FAQs

    What type of property is this?
    Land - 4.5 Acres, 7 Subdivided Lots, Prime Location
    Where is this land located?
    The property is located at Riverside Dr Harlingen, TX.
    What is the asking price?
    The asking price for this property is $320,000.
    What are key features of this property?
    This property features: 4.5-acre site comprised of seven contiguous lots in an "L" shape.; Ideal for residential development.; Residential zoning; multi-family use requires a permit.
    Request Owner's contact information
    Riverside Dr Harlingen, TX 78550
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    Harlingen, TX 78550
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Riverside Dr Harlingen, TX 78550
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