Great potential for an upscale rural neighborhood without having to subdivide. The 73.88 acres are currently divided into 12 tracts that are individual Lots in Waggoner Highlands Subd. Extension of power and water would be necessary to build houses on these lots. The land is quality, leveled, irrigated farmland that currently has agriculture tax exemption. The taxes on the property are approx. $600/year. The land is currently being farmed. The land is located in Flood Zone C (the best designation) and in the highly regarded Harlingen School District. This is a great opportunity to invest in a grandfathered, subdivision that has positive cash flow, very low taxes, and a great profit potential in the future.
Exterior and Lot Features
Acreage: 73.88
Lot Dimensions: Irregular
Street: Gravel
Access: County Road
Access: FM Road
Utilities
Water/Sewer: Public Water Available
Water/Sewer: Othe...
Water/Sewer: Other Water Source
Electricity
Irrigation District: Harlingen ID #1
Amenities and Community Features
Horse/Livestock Allowed
School Information
Elementary School: MILAM
Middle School: COAKLEY
High School: HARLINGEN SOUTH
School District: HARLINGEN C.I.S.D.
Other Property Info
City: Harlingen
State: TX
County: CAMERON
Area: Harlingen
Subdivision: Waggoner Highlands
Location Features: Irregular Lot
Location Features: Mature Trees
Directions: Go South on Rangerville Rd. and turn right on Thieme Rd. Property is approximately 3/4 mile west of Rangerville Rd on the left side of the road.
Type: Unimproved
Land Info
Suitable Use: Farmland
Suitable Use: Residential
Suitable Use: Subdevelopment
Topography: Bench Leveled
Improvements: House As Is
Crops: Corn
Crops: Cotton
Crops: Row Crops
Crops: Sugar Cane