
$190,093
NAL Estimated Property Value219 E Grimes St, HARLINGEN, TX, 78550
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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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Learn About the Market: Opportunity in Texas




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Texas
Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: HARLINGEN
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