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12-Unit Apartment Complex
For Sale
$1,150,000

206 N Montevideo Avenue, Edinburg, TX 78541

Fully leased property with appliance packages, covered tenant parking, and recent site improvements.

Property Size13,884 SF
Days on Market47

Property Features for 206 N Montevideo Avenue

General Information

Standard status Active
Size 13,884 SF
Total Parking Spaces 24
Property subtype Multi Family Home

Taxes and HOA fees

Annual Taxes $19,209

Building Details

Building Size 13,884 SF
Year Built 1981
Buildings 3
Stories 2
Units 12
Listing Agency: Keller Williams Realty RGV
Listed By: Maggie Harris · License #TREC#0530155
Source: Buyingandsellingmcallen
Added: Jul 16 Changed: Aug 30 Last Checked: Aug 30 at 5:32PM

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 Keller Williams Realty RGV

Investment Insights

Based on property information with market context.

Built in 1981, this Edinburg apartment property contains 12 two-bedroom units, each configured with 1.5 baths. Every residence includes a stove, refrigerator, washer, and dryer, while central electric HVAC supports year-round comfort. The complex is fully leased, and each unit is assigned two covered parking spaces.

Recent property work includes a roof replacement approximately three years ago, a repaved parking lot, and newly installed carports. The property is positioned near UTRGV, Walmart, Whataburger, Brew 7 Coffee, restaurants, and shopping along N Montevideo Avenue in Edinburg.

Key Highlights

  • 12 units with a 2‑bedroom, 1.5‑bath layout
  • Fully leased complex
  • Stove, refrigerator, washer, and dryer included in each unit

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Dental Office Hair Salon HVAC Service Spa & Massage Center Building Supply

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

855
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 - Fully leased property with appliance packages, covered tenant parking, and recent site improvements.
Where is this apartment building located?
The property is located at 206 N Montevideo Avenue Edinburg, TX.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: 12 units with a 2‑bedroom, 1.5‑bath layout; Fully leased complex; Stove, refrigerator, washer, and dryer included in each unit
More about this property
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