1902 Jason Ave Edinburg, TX 78539
For Sale
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This exceptional investment opportunity presents a four-unit apartment building ideally situated in Edinburg, Texas. The property, located at 1902 Jason Avenue, boasts a prime location, offering convenient access to the University of Texas Rio Grande Valley (UTRGV), a variety of shopping and dining options, fitness centers, and is directly across from a skate park, splash pad, and baseball field. Constructed in 1993, this single-building complex comprises four units, each featuring two bedrooms and one bathroom. Each unit is equipped with a washer, dryer, refrigerator, and stove, enhancing tenant appeal. Currently, the property enjoys 100% occupancy, underscoring its strong rental demand. Showings require advance scheduling and pre-approval letters due to the high occupancy rate. It's important to note that the seller is offering this property, along with two other four-plexes located at 1818 Jason Ave and 1820 Jason Ave, as a single, bundled transaction. The asking price for this specific property is $349,000. This presents a compelling opportunity for investors seeking a multi-unit property in a thriving Texas market. The property's strong location and current occupancy make it an attractive investment prospect.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.