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    208 Camino Real St San Juan, TX 78589

    Sponsored
    For Sale
    $271,325

    Three-unit apartment building, excellent location, strong rental potential.

    Property size:
    2,319 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional three-unit apartment building, located at 208 S Camino Real Street in San Juan, Texas, presents a compelling investment opportunity. Built in 2002, the property boasts a total of 2,319 square feet situated on a 6,105.805 square foot lot. The property consists of one building housing three individual units, each equipped with its own separate utility meters, simplifying tenant management and maximizing efficiency. This convenient feature allows for straightforward tracking of individual utility expenses. The property's prime location offers easy access to the San Juan Basilica, various shopping centers, grocery stores, and a nearby park, enhancing its appeal to potential tenants. Furthermore, its proximity to the expressway ensures convenient commuting for residents. The asking price for this income-generating property is $271,325, representing a strong potential return on investment for both seasoned and new investors seeking a profitable venture in the thriving San Juan, Texas market. The property's zip code is 78589, and it is situated in Hidalgo County.

    Property Features for 208 Camino Real St

    General Information

    Property type
    Multifamily properties
    Square Feet
    2,319 SF

    Building Details

    Year Built
    2002
    Buildings
    1
    Units
    3

    HighLights

    • Exceptional three‑unit apartment building in San Juan, TX.
    • 2,319 sq ft building on a 6,105.8 sq ft lot, built in 2002.
    • Three individual units with separate utility meters.
    • Prime location near San Juan Basilica, shopping, and expressway.
    • Asking price: $271,325. Located in Hidalgo County, zip code 78589.
    Property Profile Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Map

    City
    San Juan
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.1447804
    Latitude
    26.2238324

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    FAQs

    What type of property is this?
    Multifamily property - Three-unit apartment building, excellent location, strong rental potential.
    Where is this multifamily property located?
    The property is located at 208 Camino Real St San Juan, TX.
    What is the asking price?
    The asking price for this property is $271,325.
    What are key features of this property?
    This property features: Exceptional three-unit apartment building in San Juan, TX.; 2,319 sq ft building on a 6,105.8 sq ft lot, built in 2002.; Three individual units with separate utility meters.
    Request Owner's contact information
    208 Camino Real St San Juan, TX 78589
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    San Juan, TX 78589
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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
    208 Camino Real St San Juan, TX 78589
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