630 W Taft Ave, Harlingen, TX 78550
Multifamily | 18 Units | $63,889/unit
Marketing description
Coldwell Banker Commercial Rio Grande Valley presents 630 West Taft Avenue — an 18-unit, two-story garden-style apartment community in central Harlingen, Texas. At $1,150,000 ($63,889/unit), this offering delivers an accessible entry into Rio Grande Valley multifamily with immediate cash flow and a clear value-add path.
The property totals 11,924 SF on ±0.41 acres and features a mix of two- and three-bedroom units serving the workforce renter base that underpins RGV housing demand. Built in 1983 of brick construction, the community benefits from decades of established occupancy in a supply-constrained submarket.
Positioned just off Interstate 69E, residents have immediate access to one of Harlingen's densest retail corridors — anchored by H-E-B, Walmart, Target, Kohl's, TJ Maxx, Academy Sports, Burlington, and Marshalls. Harlingen South High School, Victor Park, and Tony Bulter Golf Course are all within the immediate trade area, reinforcing the property's appeal to families and long-term renters.
For the investor willing to deploy capital strategically, 630 W. Taft presents a direct and executable value-add thesis. Interior unit upgrades paired with exterior improvements to curb appeal and common areas offer a clear path to above-market rents in a submarket with limited new supply. The broader RGV continues to attract population growth and infrastructure investment driven by SpaceX/Starbase expansion, Port of Brownsville cargo activity, and sustained cross-border trade volume — all of which translate to durable demand at the workforce housing level.
Investment highlights
18-unit, two-story garden-style apartment community in central Harlingen, Texas
Priced at $1,150,000 — $63,889 per unit
Well-balanced mix of two- and three-bedroom workforce housing units
Brick construction on ±0.41 acres | 11,924 SF total building area
Direct access to Interstate 69E — primary RGV arterial connecting McAllen to Brownsville
Located within 1 mile of major retail corridor anchored by H-E-B, Walmart, Target, Kohl's, TJ Maxx, Academy Sports, Burlington, and Marshalls
Proximate to Harlingen South High School, Victor Park, and Tony Bulter Golf Course
Strong workforce housing demand fundamentals with limited new supply in submarket
Value-add upside through strategic interior and exterior improvements
RGV market supported by SpaceX/Starbase expansion, Port of Brownsville cargo growth, and sustained cross-border trade activity
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