0 Paloma Ave, Harlingen, TX 78552
This exceptional 6.03-acre parcel of land presents a remarkable opportunity for development or the creation of a private ranch. Strategically located in Harlingen, Texas, within close proximity to a thriving area, this property offers significant potential. The land is officially part of the City of Harlingen, ensuring access to municipal services and utilities. Irrigation is a key feature, available to the property for an annual fee, making it suitable for various agricultural or development projects. Currently, a grain crop is planted and nearing harvest. This presents a unique opportunity to acquire a ready-to-develop or cultivate property. Note that the current owner also possesses an adjacent parcel that is separately available for purchase. The property's address is 0 Paloma Avenue, Harlingen, TX 78552, and is conveniently located at latitude 26.1862754 and longitude -97.7634019. The asking price for this significant land holding is $305,000. This represents a compelling investment in a rapidly growing Texas market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.