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    1810 Norma Ln Edinburg, TX 78539

    For Sale
    $463,000

    Four-unit apartment building, recently remodeled.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This meticulously remodeled four-unit apartment building presents a compelling investment opportunity in Edinburg, Texas. Located at 1810 Norma Lane, this 1984-built property sits on a spacious 14,949.79 square foot lot. The property boasts four units, each recently updated with fresh paint, both inside and out, and lush landscaping. Significant improvements include brand new plumbing, electrical systems, and air conditioning units, ensuring both efficiency and safety for tenants. Modern kitchens feature new cabinets, countertops, and stainless steel appliances. Bathrooms have been updated with sleek fixtures and elegant tiling. Fresh flooring and a carefully chosen paint palette create a harmonious and inviting atmosphere throughout each unit. The property's location in a serene neighborhood adds to its appeal. This turnkey investment offers a strong potential for rental income and appreciation. The asking price is $463,000. This is a rare opportunity to acquire a well-maintained, updated multifamily property in a desirable Texas location. The property consists of one building and offers a solid return on investment. Contact us today to schedule a showing.

    Property Features for 1810 Norma Ln

    General Information

    Property type
    Multifamily properties

    Building Details

    Year Built
    1984
    Buildings
    1
    Units
    4

    HighLights

    • $463,000 asking price.
    • Four‑unit multifamily apartment building.
    • Located at 1810 Norma Lane, Edinburg, TX 78539.
    • Built in 1984.
    • 14,949 square foot lot.
    • Recently remodeled with new plumbing, electrical, HVAC, kitchens, and bathrooms.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Edinburg
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.1837716
    Latitude
    26.2860972

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    FAQs

    What type of property is this?
    Multifamily property - Four-unit apartment building, recently remodeled.
    Where is this multifamily property located?
    The property is located at 1810 Norma Ln Edinburg, TX.
    What is the asking price?
    The asking price for this property is $463,000.
    What are key features of this property?
    This property features: $463,000 asking price.; Four-unit multifamily apartment building.; Located at 1810 Norma Lane, Edinburg, TX 78539.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1810 Norma Ln Edinburg, TX 78539
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