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About This Home
This 3-bedroom, 2-bathroom single family at 219 E Grimes Street in Harlingen, TX is listed for $159,000 ($127 per sqft). Built in 1978, the home offers 1,248 sqft of living space on a 0.54 acres lot.
INVESTOR ALERT!! This single-family home sits on .53 acres surrounded by established multifamily properties, making it a prime location for redevelopment or rental income. The home itself needs some TLC, but it offers immediate rental potential for those looking to generate cash flow while planning future improvements.
The true value lies in the land - with over half an acre, there's ample space to build a multifamily complex, apartments, or additional units. Utilities are available, and the property's location within a high-demand rental area makes it a strategic investment for long-term growth. Whether you choose to rehab the existing home or develop the lot to its fullest potential, the options here are endless.
Key Features
- Built in 1978
- 0.54 acre lot
- 2 parking spaces
Property Details
Amenities
Monthly Cost Estimate
$850/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
219 E Grimes Street
Harlingen, TX 78550
Harlingen Land & Water Co
Features & Amenities
Exterior Features
Property Details
Construction
Parking
Heating
Cooling
Appliances
Questions & Answers
This 3-bedroom, 2-bathroom single family at 219 E Grimes Street is listed at $159,000 ($127/sqft). The estimated monthly payment is $689 based on 20% down at 6.5% interest.
Key features include: Built in 1978, 0.54 acre lot, 2 parking spaces. Exterior Features: Steam Room.
This property is listed by Diana Martinez-Moon and can be reached at 9564566103 or diana@moongp.com.
