20250 Morris Rd, Harlingen, TX 78552
This exceptional 10-acre property located at 20250 Morris Road, Harlingen, Texas, 78552, presents a remarkable development opportunity. Priced at $500,000, this expansive land parcel offers significant potential for residential construction. Its strategic location near the established Waters Edge and Oak Estates neighborhoods ensures strong appeal to prospective residents seeking a blend of community and convenience. The property's proximity to Valley Baptist Medical Center and the expanding SpaceX presence in Boca Chica further enhances its investment value, providing access to a robust and growing workforce. The 10-acre lot provides ample space for a variety of residential development projects, catering to the increasing demand for housing in this thriving Texas city. This is a rare chance to acquire a substantial land holding in a prime location poised for continued growth and development, making it an attractive investment for developers and investors alike. The property is zoned for residential use (verification required by buyer). Detailed site plans and zoning information are available upon request. This is a truly exceptional opportunity to capitalize on the burgeoning real estate market in Harlingen, Texas.
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
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.