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    OFF-MARKET
    Land

    20250 Morris Rd, Harlingen, TX 78552

    10 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Lot 10 ac (435,600 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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