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Property profile & analytics
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
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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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