New Multifamily Development Near
For Sale
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340 Eva Street, Elsa, TX 78543
New development with ten units near the University of Texas.
Property SizeContact for details
Days on Market893
Property Features for 340 Eva Street
General Information
Standard status
Active
Total Parking Spaces
10
Property subtype
Multifamily
Building Details
Year Built
2020
Buildings
5
Units
10
Listing Agency:
Keller Williams Realty RGV
Listed By:
Angela Navarrete · License #0713156
Source:
Crexi
Added: Mar 16, 2024
Changed: Aug 8
Last Checked: Aug 24 at 6:13AM
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.
This newly completed development, located minutes from the University of Texas Rio Grande Valley (UTRGV) in Elsa, Texas, presents a multifamily investment opportunity. The property features a total of ten units across five buildings, with two units per building. Five units offer three bedrooms and two bathrooms, while the remaining five units include two bedrooms and two bathrooms. Designed to accommodate students, faculty, and professionals, the property is ready for immediate occupancy and rental income generation. The location near UTRGV ensures a steady stream of potential tenants seeking housing options. The modern design and convenient proximity to the university make this an investment opportunity in the growing market of Elsa, Texas.
Key Highlights
- Newly constructed (2020) multi‑unit development with 10 total units.
- Prime location: Minutes from the University of Texas Rio Grande Valley (UTRGV).
- Offers a mix of unit sizes: Five 3‑bedroom/2‑bathroom units and five 2‑bedroom/2‑bathroom units.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
229
Businesses Nearby
Explore this area
Business Placement
Demographics for 78543, TX
7,535
Population
3,018
Households
2.5
Avg Household Size
33
Median Age
9%
College-Educated
83%
High-School Grad
6.4 sq mi
ZIP Area
1,177
Density / Sq Mi
$47,657
Median Household Income
$30,960
Median Earnings
$759
Median Rent
$85,900
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - New development with ten units near the University of Texas.
Where is this apartment building located?
The property is located at 340 Eva Street Elsa, TX.
What is the asking price?
The asking price for this property is $985,947.
What are key features of this property?
This property features: Newly constructed (2020) multi‑unit development with 10 total units.; Prime location: Minutes from the University of Texas Rio Grande Valley (UTRGV).; Offers a mix of unit sizes: Five 3‑bedroom/2‑bathroom units and five 2‑bedroom/2‑bathroom units.
