2016 S India Ave, Laredo, TX 78046
MULTI_FAMILY - Laredo, TX
- Added:
- Apr 28, 2026
- Days on Market:
- 47
- Last Refresh:
- Jun 13 at 5:06 am
Property Features for 2016 S India Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- 04 S Eastern Division, W
- Bedrooms
- 9
- Bathrooms
- 3
- Rooms
- Bedroom 1, Bedroom 6, Bedroom 3, Bathroom 1, Bedroom 7, Bedroom 8, Bedroom 2, Bathroom 3, Bathroom 2, Bedroom 5, Bedroom 9, Bedroom 4
- Fencing
- Fenced
- Standard status
- Active
- Size
- 2,608 SF
- Lot size
- 0.22 Acres
Taxes and HOA fees
- Tax Description
- S1/2-3-4 BLK 1889 ED
Utilities
- Heating system
- Central, Electric (Heating)
- Cooling system
- Electric, Central Air
- Water source
- Public
Building Details
- Flooring type
- Tile
- Building materials
- Block, Stucco
- Roof type
- Composition
Listing agent Elizabeth Urbina Villarreal License #0604644 (956) 645-8567
Listing office BDBG Real Estate Group 8765 Augusta Lp, Laredo, TX (956) 286-8322
Listing date Apr 28, 2026
Copyright © 2026 Laredo Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- One‑story triplex at 2016 S. India Ave with 3 bed/1 bath units
- Each unit includes kitchen and living area plus 3‑car parking and gated access
- Units are leased for $1,000/month each and have their own electric meter
- Recently updated roof with warranty; composition roof
- Cooling: central air/electric cooling, with new AC units in 2 of the 3 apartments
- Block and stucco construction with tile flooring, public water, fenced property
Overview
The property is located at 2016 S India Ave in Laredo, Texas 78046, within Webb County. It sits on a 0.2213-acre lot. The triplex is described as within walking distance to a neighborhood park, providing nearby open space for residents.
For buyers looking for a residential income property, the layout is well-suited to tenants seeking self-contained apartments with individual electric meters. With each unit featuring dedicated utility metering and on-site parking, the building supports straightforward resident management. Current remarks note that the units are leased at $1,000 per month each, which may appeal to investors evaluating turn-key multi-family ownership with established occupancy.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $36.0k | $13.80 |
| − Vacancy | −$2.7k | −$1.04 |
| EGI | $33.3k | $12.77 |
| − OpEx | −$10.0k | −$3.83 |
| NOI | $23.3k | $8.94 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Laredo
- County
- Webb
- State
- Texas
- Longitude
- -99.464764
- Latitude
- 27.479187
