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    20 Eagle Ave Roma, TX 78584

    For Sale
    $160,000

    Three-unit apartment building, high-traffic location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional three-unit apartment building presents a compelling investment opportunity in the thriving Roma, Texas market. Situated on a substantial 13,099.79 square foot lot encompassing two commercial parcels, this property boasts a prime location just off Expressway 83, ensuring high visibility and accessibility. Constructed in 1990, the single building comprises three finished units, each featuring one bedroom and two bathrooms. This configuration offers immediate rental income potential, catering to a diverse range of tenants. The property's strategic location near Expressway 83 positions it perfectly to capitalize on the growing Roma market, attracting both residents and businesses. The substantial lot size also presents potential for future expansion or development, adding further value to this already attractive investment. With its strong rental potential and prime location, this multifamily property represents a rare opportunity for investors seeking a stable and potentially lucrative return. The asking price is $160,000. This is an ideal investment for those looking to enter the Texas real estate market or expand their existing portfolio.

    Property Features for 20 Eagle Ave

    General Information

    Property type
    Multifamily properties

    Building Details

    Year Built
    1990
    Buildings
    1
    Units
    3

    HighLights

    • $160,000 asking price for a three‑unit apartment building.
    • Three‑unit multifamily property in Roma, Texas.
    • Built in 1990, situated on a 13,099 square foot lot.
    • Located near Expressway 83 in Roma, Texas, offering high visibility and potential for rental income.
    • Each unit features one bedroom and two bathrooms.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Roma
    County
    Starr
    State
    Texas
    Longitude
    -98.9794665
    Latitude
    26.4068002

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    FAQs

    What type of property is this?
    Multifamily property - Three-unit apartment building, high-traffic location.
    Where is this multifamily property located?
    The property is located at 20 Eagle Ave Roma, TX.
    What is the asking price?
    The asking price for this property is $160,000.
    What are key features of this property?
    This property features: $160,000 asking price for a three-unit apartment building.; Three-unit multifamily property in Roma, Texas.; Built in 1990, situated on a 13,099 square foot lot.
    Request Owner's contact information
    20 Eagle Ave Roma, TX 78584
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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
    20 Eagle Ave Roma, TX 78584
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