Property profile

168 Gonzalez St Harlingen, TX 78550

OFF-MARKET
Specialty properties
Built 1950
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Property summary

AI-generated overview

This unique Harlingen, Texas property, located at 168 Gonzalez St., Zip 78550, presents a compelling investment opportunity. Built in 1950, this mixed-use property is priced at $250,000 and offers a blend of residential and commercial space. The main structure is a two-story building featuring a commercial unit at street level and three smaller residential units. Additionally, a separate 3-bedroom, 2-bathroom house is included on the property. All structures are arranged around a central courtyard or patio, creating a cohesive and private community feel. The property's location in Harlingen, Texas, offers potential for various uses, from continued rental income to redevelopment. The existing structures provide immediate cash flow, while the unique layout and central location present opportunities for future expansion or repurposing. This property is classified as "Special Purpose" and presents a rare chance to acquire a versatile investment in a thriving Texas market. The property's size and configuration are ideal for a variety of uses, making it an attractive option for both seasoned investors and those new to the market. The asking price of $250,000 represents a significant value in the current market.

Property profile

Verified
Property type Specialty properties
Year built 1950

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

168 Gonzalez St Harlingen, TX 78550
Harlingen metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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