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7102 56 Ln Palmhurst, TX 78573

For Sale
$540,000

High-Yield Fourplex, Modern Units

Description

Added:
Dec 11, 2024
Days on Market:
364
This exceptional fourplex in Mission, Texas, presents a compelling investment opportunity. Built in 2021, the property comprises two buildings situated on a spacious 10,920 square foot lot. The four units offer a mix of modern amenities designed to attract and retain tenants. Two units boast three bedrooms and two bathrooms each, featuring spacious layouts, contemporary finishes, and energy-efficient appliances. Tenant satisfaction is prioritized with in-unit laundry facilities and covered parking. The property's consistent strong occupancy rate demonstrates its appeal and potential for reliable rental income. The asking price is $540,000. This property is ideally suited for both seasoned investors seeking portfolio expansion and first-time investors looking for a stable, cash-flowing asset with significant growth potential. The location in Mission, TX, offers a desirable market for rental properties. This turnkey investment promises a steady stream of income and a strong return on investment. Don't miss this chance to acquire a well-maintained, high-demand multifamily property in a thriving Texas market.

Property Features for 7102 56 Ln

General Information

Property type
Multifamily properties

Building Details

Year Built
2021
Buildings
2
Units
4

HighLights

  • $540,000 asking price for a fourplex.
  • Multifamily property, consisting of a two‑building, four‑unit apartment complex.
  • Built in 2021, situated on a 10,920 sq ft lot.
  • Located at 7102 N 56th Lane, Mission, TX 78573.
  • Strong rental history with high occupancy.
Property Profile Location Intelligence

Current Use by Public Records

Small apartment buildings

Map

City
Palmhurst
County
Hidalgo
State
Texas
Longitude
-98.2715991
Latitude
26.2728611

FAQs

What type of property is this?
Multifamily property - High-Yield Fourplex, Modern Units
Where is this multifamily property located?
The property is located at 7102 56 Ln Palmhurst, TX.
What is the asking price?
The asking price for this property is $540,000.
What are key features of this property?
This property features: $540,000 asking price for a fourplex.; Multifamily property, consisting of a two-building, four-unit apartment complex.; Built in 2021, situated on a 10,920 sq ft lot.
More about this property
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