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630 W Taft Ave 18 Unit Apartment Building $1,150,000 ($63,889/Unit) Harlingen, TX 78550
Investment Highlights
- Lender-owned (REO) | Motivated Seller
- Two- and three-bedroom workforce housing unit mix
- Value-add upside through interior and exterior improvements
- 18 Units | $63,889/Unit | 11,924 SF | ±0.41 Acres
- Central Harlingen | Direct I-69E Access
- 1 mile to H-E-B, Walmart, Target, Kohl's, TJ Maxx, Academy & more
Executive Summary
Lender-owned 18-unit multifamily in central Harlingen offered at $1,150,000 ($63,889/unit). Two- and three-bedroom workforce housing units totaling 11,924 SF on ±0.41 acres. Brick construction, built 1983. Direct I-69E access with dense retail, schools, and services within 1 mile. Strong value-add upside through interior and exterior improvements in a supply-constrained submarket. RGV market fundamentals supported by continued population growth, SpaceX/Starbase expansion, and Port of Brownsville activity. Motivated seller — priced to move.
Property Facts
| Price | $1,150,000 | Apartment Style | Garden |
| Price Per Unit | $63,889 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.42 AC |
| Sale Condition | REO Sale | Building Size | 11,924 SF |
| No. Units | 18 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1983 |
| Property Subtype | Apartment | Parking Ratio | 2.1/1,000 SF |
| Zoning | B | ||
| Price | $1,150,000 |
| Price Per Unit | $63,889 |
| Sale Type | Investment |
| Sale Condition | REO Sale |
| No. Units | 18 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.42 AC |
| Building Size | 11,924 SF |
| No. Stories | 2 |
| Year Built | 1983 |
| Parking Ratio | 2.1/1,000 SF |
| Zoning | B |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 16 | - | 600 |
| 3+1 | 2 | - | - |
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Moderately bikeable
60/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $843,062 | |
| Land Assessment | $92,067 | Total Assessment | $935,129 |
Property Taxes
Parcel Numbers
Land Assessment
$92,067
Improvements Assessment
$843,062
Total Assessment
$935,129
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630 W Taft Ave
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