$165,000

219 E Grimes Street, Harlingen, TX 78550

3 beds |
2 baths |
1,248 sqft

Single-Family Home
Built in 1978
0.54acre lot
—— car garage
$132/sqft
Listed 2 months ago

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.

Listing Status:: Active
Listing Office:: RE/MAX Platinum : 956-668-8555
Listing Agent:: Diana Martinez : 956-456-6103
MLS ID:: 482500

General: Countertops (Laminate)Ceiling Fan(s)Walk-In Closet(s)
Appliances: Electric Water HeaterWater Heater (Laundry Room)Stove/Range-Electric Coil
Laundry: Laundry Room
Flooring: HardwoodTile
A/C: Central AirElectric
Heating: CentralElectric
Eco/Green Feature: None

General: Steam Room
Parking: Garage Faces Front

Roofing: Composition Shingle
Windows: Mini Blinds
General: BrickStucco1Crawl Space

Road/Access: Paved
Originating MLS: Greater McAllen
School District: Harlingen ISD
County: Cameron

Zoning: 1840400030005000
Fencing: Chain Link

Water: Public

Source: Greater McAllen

This listing courtesy of Diana Martinez, RE/MAX Platinum

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Austin Elementary School

700 E Austin Ave, Harlingen, TX, 78550

Grades PK-5

0.41 miles away

Memorial Middle School

1901 Rio Hondo Rd, Harlingen, TX, 78550

Grades 6-8

1.24 miles away

Edna Tamayo House

1438 N 7th, Harlingen, TX, 78550

Grades 9-11

0.13 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.