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7-Unit Apartment Building
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220 W Loeb St, Edinburg, TX 78541

Fully occupied apartment property with consistent two-bedroom, one-and-a-half-bath unit layouts and a metal roof.

Property Size7,854 SF
Price / SF$61.75
Days on Market146

Property Features for 220 W Loeb St

General Information

Standard status Active
Size 7,854 SF
Property subtype Multifamily
Zoning Multi Family
Occupancy 100%
Investment Type Value Add
Net Operating Income $41,460

Units

Unit Mix 7 x 2BR/1.5BA
Multifamily Units 7

Building Details

Year Built 1996
Buildings 2
Stories 1
Units 7
Listing Agency: Ursa Real Estate, LLC
Listed By: Marc Moran · License #TREC # 0504281
Source: Crexi
Added: Apr 8 Changed: Aug 30 Last Checked: Aug 30 at 3:08PM

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 Ursa Real Estate, LLC

Investment Insights

Based on property information with market context.

This 7-unit apartment property contains 7,854 square feet and was built in 1996. Each residence is configured with 2 bedrooms and 1.5 baths, creating a consistent unit mix throughout the building. A metal roof serves the property, and occupancy is currently 100%.

Located at 220 W Loeb St in Edinburg, Texas, the property is zoned Multi Family. Residents pay their own electricity and water, providing a defined utility arrangement for ownership. The existing configuration offers a straightforward multifamily asset with uniform layouts and current occupancy across all units.

Key Highlights

  • 7‑unit apartment property with 7,854 square feet
  • 100% occupied at present
  • All units offer 2 bedrooms and 1.5 baths

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Electrical Service HVAC Service (Bike/Boat/Book/etc) Store Travel Agency Cosmetic Store Tanning Salon

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

Lease Details

7
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,133
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 occupied apartment property with consistent two-bedroom, one-and-a-half-bath unit layouts and a metal roof.
Where is this apartment building located?
The property is located at 220 W Loeb St Edinburg, TX.
What is the asking price?
The asking price for this property is $485,000.
What are key features of this property?
This property features: 7‑unit apartment property with 7,854 square feet; 100% occupied at present; All units offer 2 bedrooms and 1.5 baths
More about this property
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