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7504 Us Hwy 281 Hwy Edinburg, TX 78542

For Sale
$675,000

Ten-unit apartment complex, newly remodeled.

Description

Added:
Dec 11, 2024
Days on Market:
366
This exceptional 10-unit apartment complex in Edinburg, Texas, presents a compelling investment opportunity. Located at 7504 US Highway 281 Highway, this property boasts a prime location just off Highway 69C/281, ensuring high visibility and convenient access. The complex comprises three buildings constructed in 1970, situated on a one-acre lot. Recent renovations include a new roof, updated air conditioning units, and new water heaters, minimizing immediate maintenance needs. The unit mix offers a diverse range of floor plans to cater to various tenant preferences, including four 4-bedroom/4.5-bathroom units, several 3-bedroom/2-bathroom units, 2-bedroom/1-bathroom units, and a selection of one-bedroom and studio apartments. The property's one-acre lot provides significant potential for future expansion, allowing for increased rental income and enhanced property value. The asking price for this turnkey investment is $675,000. This property is situated in Hidalgo County, Texas, with a zip code of 78542. The property's coordinates are 26.3546817 latitude and -98.1120116 longitude. This is a rare opportunity to acquire a well-maintained, high-demand multifamily property with significant upside potential.

Property Features for 7504 Us Hwy 281 Hwy

General Information

Property type
Multifamily properties
Lot Size
43,560 SF

Building Details

Year Built
1970
Buildings
3
Units
10

HighLights

  • $675,000 asking price.
  • Ten‑unit multifamily apartment building.
  • Located in Edinburg, TX, at 7504 US Highway 281.
  • Three buildings on a one‑acre lot.
  • Built in 1970, recently remodeled with new roofs, AC units, and water heaters.
  • Unit mix includes studios, one‑bedrooms, two‑bedrooms, three‑bedrooms, and a four‑bedroom unit.
Property Profile Location Intelligence

Current Use by Public Records

Small apartment buildings

Map

City
Edinburg
County
Hidalgo
State
Texas
Longitude
-98.1120116
Latitude
26.3546817

FAQs

What type of property is this?
Multifamily property - Ten-unit apartment complex, newly remodeled.
Where is this multifamily property located?
The property is located at 7504 Us Hwy 281 Hwy Edinburg, TX.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: $675,000 asking price.; Ten-unit multifamily apartment building.; Located in Edinburg, TX, at 7504 US Highway 281.
More about this property
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