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Two-Property Apartment Portfolio
For Sale
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Pending

1607 W Schunior St, Edinburg, TX 78541

Multifamily portfolio comprising two apartment communities in Edinburg, Texas.

Property SizeContact for details
Days on Market143

Property Features for 1607 W Schunior St

General Information

Standard status Pending
Property subtype Multifamily
Listing Agency: Colliers - Houston, Texas
Listed By: Zar Haro · License #TX 589746
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 8:23PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colliers - Houston, Texas

Investment Insights

Based on property information with market context.

This multifamily offering includes two apartment communities: Edinburg Place Apartments, with 216 units, and Palms Apartments, with 112 units. The properties are presented together as a residential income portfolio in Edinburg, Texas.

Both communities are situated near the University of Texas–Rio Grande Valley, South Texas Health Systems, and SpaceX. Their shared location within the Rio Grande Valley provides proximity to several identified employment centers and supports a portfolio-level investment profile.

Key Highlights

  • Two‑property multifamily portfolio in Edinburg, Texas
  • Edinburg Place Apartments includes 216 units
  • Palms Apartments includes 112 units

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Electrical Service Locksmith (Bike/Boat/Book/etc) Store Real Estate Agency Butcher Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

499
Businesses Nearby

Demographics for 78541, TX

48,513
Population
17,669
Households
2.7
Avg Household Size
28
Median Age
25%
College-Educated
77%
High-School Grad
290.2 sq mi
ZIP Area
167
Density / Sq Mi
$50,567
Median Household Income
$30,752
Median Earnings
$945
Median Rent
$142,600
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Multifamily portfolio comprising two apartment communities in Edinburg, Texas.
Where is this apartment building located?
The property is located at 1607 W Schunior St Edinburg, TX.
What are key features of this property?
This property features: Two‑property multifamily portfolio in Edinburg, Texas; Edinburg Place Apartments includes 216 units; Palms Apartments includes 112 units
More about this property
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