219 E Grimes Street, Harlingen, TX 78550
- $159,000
- 3
- BD
- 2
- BA
- 1,248
- SqFt
- List Price
- $159,000
- Price Change
- ▼ $6,000 1779751291
- Status
- ACTIVE
- MLS#
- 482500
- Bedrooms
- 3
- Bathrooms
- 2
- Full Baths
- 2
- Living Area
- 1,248
- Lot Size (Acres)
- 0.5372
- Year Built
- 1978
Property Description
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.
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Additional Information
- Area
- Harlingen
- Subdivision
- Harlingen Land & Water Co
- Taxes
- $3,944
- Stories
- 1
- Interior Features
- Countertops (Laminate), Ceiling Fan(s), Walk-In Closet(s)
- Amenities
- None
- Exterior Features
- Steam Room
- Heating
- Central, Electric
- Cooling
- Central Air, Electric
- School District
- Harlingen ISD
- Elementary School
- Austin
- Middle School
- Memorial
- High School
- Harlingen H.S.
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Listing courtesy of Diana Martinez-Moon with Re/Max Platinum