Ricardo Salazar REALTOR® · RCR Real Connect Realty
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Ricardo Salazar · REALTOR® · TREC #643769 · RCR Real Connect Realty (broker license #9012393)

Investor sheet · MLS# 29779463 · https://ricosalazar.com/properties/harlingen-tx-29779463

For sale

$4,200,000

Property in Harlingen, TX

The seller withheld the street address from internet display. Ask Ricardo for it.

bd
7
ba
11
ft²
12,700
No rent in the MLS: run cash flow with your own estimate Run the numbers →

MLS# 29779463 · Listed by Gema Hernandez, Candela Realty LLC · Tel. 956-270-2432

  • TypeSingle-family home
  • Year built2013
  • Lot8.43 acres
  • Price / ft²$331
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Description

Chteau D' Mont is a private South Texas estate of exceptional scale, offering 12,700 sq. ft. in the main residence across approximately 8.43 acres. Designed for refined living and grand-scale entertaining, the residence features seven bedrooms, four recreation rooms, a private office, gym, steam room, media/security room, formal dining hall, and laundry rooms on both the first and second floors. Marble finishes, statement chandeliers, bespoke fixtures, soaring ceilings, an expansive second-floor balcony, and an accessible third-floor dome elevate the home's architectural presence. Climate-controlled split garages accommodate up to seven vehicles. Separate from the main residence, a 1,900 sq. ft. three-bedroom guest house offers complete privacy, while an air-conditioned outdoor kitchen and pavilion create an exceptional setting for entertaining. A substantial storage facility adds discreet utility. Chteau D' Mont is a rare estate defined by privacy, scale, and distinction.

Property details

Type
Single-family home · Single Family Residence
Status
For sale
MLS#
29779463
Price
$4,200,000
Price per ft²
$331
Bedrooms
7
Bathrooms
11
Living area
12,700 ft²
Lot size
8.43 acres
Year built
2013
City
Harlingen
County
Cameron
Days on market
48
Listed
Sep 11, 2026
Last updated
Sep 11, 2026, 9:35 AM CT

Numbers for investors

Price per ft²

$331

Source: MLS listing

Days on market

48

Source: MLS listing

Est. fixed costs per month
$11,200/mo Est.
Cash to close with 25% down
$1,176,000 Est.

General information only, not legal, tax or financial advice. Ricardo Salazar is a licensed real estate agent, not an attorney, CPA or lender. Consult qualified professionals in the U.S. and Mexico.

Investment calculator · Estimates

What could it earn?

Purchase

List price per the MLS. Try your own offer.

25%

100% = cash purchase, no loan.

7%

Planning assumption, not a lender quote.

Loan term
Income
/mo

The MLS does not publish a rent for this property. Enter your own estimate or ask Ricardo for rent comps in the area.

8%

Share of the year the property sits empty.

Expenses
/yr

Estimated at 2.2% of the price per year. Verify it with the Cameron Appraisal District.

/yr

Estimated at 1% of the price per year; coastal wind coverage can cost more.

/mo

If the property has an HOA, enter the monthly dues.

5%

% of collected rent.

8%

% of collected rent, if you hire a manager.

3%

Buyer side: title, appraisal, lender fees (estimate).

How we calculate the cap rate, and how accurate it is

Cap rate = NOI ÷ price. NOI is the rent you would collect in a year, after vacancy, minus the costs of running the property. The loan is left out, so the cap rate measures the property as if you paid cash.

Gross rent, 12 months Not provided
—
Gross yield: rent ÷ price, before costs
—
minus Vacancy (8% of gross rent) Assumption
—
equals Rent collected
—
minus Property tax Estimate
$92,400
minus Insurance Estimate
$42,000
minus HOA dues, 12 months Not provided
$0
minus Maintenance (5% of rent collected) Assumption
—
minus Management (8% of rent collected) Assumption
—
equals Net operating income (NOI)
—
divided by Price MLS listing
$4,200,000
equals Cap rate
—

Amounts are rounded to the dollar; the cap rate uses the exact figures.

Is it accurate?

It is an estimate, not a quote or a guaranteed return. It is only as good as its inputs:

  • Missing: the monthly rent. Enter it to get a cap rate.
  • MLS figures are what the listing reports. We have not verified them.
  • Listings in this MLS do not include property tax, so unless you enter your own figure we use 2.2% of the price a year. Look up the property’s value and taxing units at the Cameron Appraisal District (opens in a new tab); a rental does not get the homestead exemption.
  • If a listing advertises its own cap rate, it may leave out vacancy, management or other costs, which makes it look higher.
  • To confirm it, ask for the current lease or rent roll, last year’s tax bill (Cameron County Tax Assessor-Collector) and your own insurance quote from a Texas-licensed agent; coastal wind and flood coverage can cost much more. For a specific property, Ricardo can ask the listing agent for the lease, the tax bill and what the seller pays for insurance.

What it leaves out

  • The mortgage. Your loan shows up in cash flow and cash-on-cash, not in the cap rate.
  • Big repairs and replacements (roof, A/C, appliances) and savings set aside for them.
  • Utilities, lawn care or pest control, if the owner pays them.
  • Closing costs, leasing fees, income taxes in the U.S. or Mexico, and depreciation.

Location and drive times

Harlingen, TX Open in Google Maps (opens in a new tab)

Drive times are shared together with the exact address, on request.

Schematic

Approximate positions; not a navigation map.

  • Area (opens its page)
  • International bridge
  • Main highway
  • Ship channel

Gateway Bridge to South Padre Island: ≈ 37 km (23 mi) in a straight line.

Base map data © OpenStreetMap

Buying from Mexico with a loan?

Ricardo is not a lender. Ask him which loan types exist for foreign buyers and which documents lenders usually request.

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Ask about this property

Ricardo Salazar

REALTOR® · TREC #643769

Ricardo Salazar

RCR Real Connect Realty

  • Español
  • English
Phone / WhatsApp
+1 (956) 592-5052
Website
https://ricosalazar.com/

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Single-family home · Harlingen

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Listing office: Candela Realty LLC

Listing agent: Gema Hernandez

Office contact: 956-270-2432

MLS# 29779463 · Last updated

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$4,200,000Est. cost $32,157/mo

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Harlingen, TX · MLS# 29779463