Eight-Unit Apartment
For Sale
$350,000
319 Hidalgo St, Laredo, TX 78043
MULTI-FAMILY, Laredo, TX
Property Size3,864 SF
Lot Size0.28 Acres
Price / SF$90.58
Days on Market56
Property Features for 319 Hidalgo St
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
01 Western Division - S o
Bedrooms
5
Bathrooms
34
Full bathrooms
34
Rooms
Bathroom 32, Bathroom 20, Bedroom 5, Bathroom 4, Bathroom 27, Bedroom 1, Bathroom 34, Bathroom 29, Bathroom 25, Bathroom 19, Bathroom 9, Bathroom 10, Bathroom 26, Bathroom 15, Bathroom 1, Bathroom 17, Bathroom 24, Bathroom 6, Bathroom 5, Bedroom 4, Bathroom 33, Bathroom 28, Bathroom 18, Bathroom 12, Bathroom 23, Bathroom 31, Bathroom 7, Bathroom 13, Bathroom 2, Bedroom 3, Bathroom 30, Bathroom 21, Bathroom 16, Bathroom 3, Bathroom 14, Bathroom 11, Bathroom 8, Bedroom 2, Bathroom 22
Parking features
On Street
Fencing
Fenced
Subdivision
Western Division
Elementary school district
Laredo
Middle school district
Laredo
High school district
Laredo
Standard status
Active
Size
3,864 SF
Lot size
0.28 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Description
LOT 10 BLK 92 WD
Legal Description
LOT 10 BLK 92 WD
Utilities
Heating system
Central, Electric (Heating)
Cooling system
Central Air, Electric
Water source
Public
Building Details
Flooring type
Concrete, Vinyl
Building materials
Block, Stucco
Roof type
Composition
Listing Agency:
AXEN Realty
(281) 595-9500
Listed By:
Elizabeth Villarreal
(956) 645-8567
Added: Sep 4
Changed: Oct 23
Last Checked: Oct 29 at 7:06AM
MLS# 20264236
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.
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Investment Insights
Based on property information with market context.
This 8-unit multifamily property at 315 and 319 Hidalgo St. in Laredo includes 3,864 square feet on 0.2834 acres across two lots. The unit mix consists of three studios and five one-bedroom apartments, with all units reported as tenant occupied. Construction features block and stucco materials, while interior finishes include vinyl and concrete flooring.
The property has central electric heating and central air conditioning, public water service, a composition roof, fencing, and on-street parking. Its location in Laredo’s 78043 ZIP code places the two-address property within Webb County. The recorded zoning designation is 01 Western Division - S o.
The property has central electric heating and central air conditioning, public water service, a composition roof, fencing, and on-street parking. Its location in Laredo’s 78043 ZIP code places the two-address property within Webb County. The recorded zoning designation is 01 Western Division - S o.
Key Highlights
- 8‑unit multifamily property with 3,864 square feet
- 3 studios and 5 one‑bedroom apartments
- 100% tenant occupied
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,423
Cap Rate
8.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$608,460
$608.5K
Cap Rate 7%
$434,614
$434.6K
Cap Rate 9%
$338,033
$338.0K
Market Conditions
NOI Build-Up for 3,864 SF
Gross rent
$59.4K $15.36/SF
− Vacancy
−$4.0K −$1.04/SF
EGI
$55.3K $14.32/SF
− OpEx
−$24.9K −$6.44/SF
NOI
$30.4K $7.87/SF
Area
Laredo, TX
Vacancy
6.80%
Lease Rate
$15.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$608,460
Cap Rate 7%
$434,614
Cap Rate 9%
$338,033
Alternative Uses
Best Use
Apartment 5plus
$434.6K
$380.3K – $507.1K
NOI $30,423 @ 7.0% cap · market cap 8.69%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$951.3K
$832.4K – $1.11M
NOI $66,594 @ 7.0% cap · market cap 19.03%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
8
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,547
Businesses Nearby
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Business Placement
Demographics for 78043, TX
43,473
Population
14,263
Households
3
Avg Household Size
30
Median Age
13%
College-Educated
65%
High-School Grad
177.1 sq mi
ZIP Area
245
Density / Sq Mi
$54,280
Median Household Income
$27,651
Median Earnings
$954
Median Rent
$151,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - Tenant-occupied multifamily property with a mix of studio and one-bedroom units across two lots.
Where is this apartment building located?
The property is located at 319 Hidalgo St Laredo, TX.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 8‑unit multifamily property with 3,864 square feet; 3 studios and 5 one‑bedroom apartments; 100% tenant occupied
