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Days939Days on Market
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$1,250

722 Morgan Blvd, HARLINGEN, TX, 78550

On MarketInfo
CommercialInfo
Baths18,900 Sq Ft
Year BuiltBuilt in 2023

Highlights

Interior

Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size21,449 sqft

Building Information

Year Built1977
Stories1
Roof Type114

Land Information

APN22-7140-0000-0022-00
Lot Number2
SubdivisionRedelco Subdivision 4
Land UseCommercial
Legal DescriptionREDELCO SUBDIVISION 4 PT LOT 2 (EX CNTRL OFF BLDG & NEW SEC)
Census Tract010700
Assessed Land Value$42,900
Assessed Improvement Value$485,273
Assessment Year2025

About this property

Redelco Executive Complex is a well-established office complex in Harlingen, Texas. The property is well maintained with various office suite sizes, ready for your new or existing business. Complex offers a community break room with vending machines, key access to restrooms and individual entry door with mail slot. Current availability is a 1.600 sf warehouse with three (3) 12' x 12' Grade Level Doors, office, restroom and storage. Clear Height is 14' and there is a private parking space for tenant. The property is centrally located with access to restaurants, retail and community services.

Investor Tools

$0Estimated Mortgage Balance
$528,173Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,169 /month
Positive
Cash Flow Estimate:
$1,056 /month

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Cynthia Hopkins

CHRE Cindy Hopkins Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,073/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,231
$528,173
2025
$42,900
$485,273
$528,173
No

Tax History

Year
Tax Paid
Assessed Value
2025
$10,231
$528,173

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$528,173
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

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.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: HARLINGEN

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