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1207 Prosperity Dr Edinburg, TX 78541

Sponsored
For Sale
$425,000

Four-unit apartment building, excellent ROI.

Description

Added:
Dec 11, 2024
Days on Market:
397
This exceptional four-unit apartment building, located at 1207 Prosperity Drive in Edinburg, Texas, presents a compelling investment opportunity. Built in 2004, the property boasts a single building encompassing four units, offering immediate income potential. The asking price is $425,000. Situated in the rapidly expanding city of Edinburg, this property benefits from a strategic location, ideally positioned next to the University. This proximity to a major educational institution ensures a consistent demand for rental units, contributing to strong occupancy rates and a stable income stream. The property's 2004 construction suggests relatively low maintenance needs in the near term, further enhancing its investment appeal. The property's address is 1207 Prosperity Drive, Edinburg, TX 78541, within Hidalgo County, and its precise coordinates are 26.3181421 latitude and -98.1724789 longitude. This multifamily property, classified as an apartment building and specifically a duplex/triplex/quadruplex, offers a solid foundation for building a robust real estate portfolio. The property's strong location and solid construction make it an attractive option for investors seeking a stable and potentially high-return investment in a thriving Texas market. Detailed financial information and further property specifics are available upon request.

Property Features for 1207 Prosperity Dr

General Information

Property type
Multifamily properties

Building Details

Year Built
2004
Buildings
1
Units
4

HighLights

  • Four‑unit apartment building in Edinburg, TX, asking $425,000.
  • Built in 2004, offering immediate income potential.
  • Excellent location near the University of Texas Rio Grande Valley, ensuring high occupancy.
  • Low maintenance needs due to newer construction.
  • Located at 1207 Prosperity Drive, Edinburg, TX 78541 (Hidalgo County).
Property Profile Location Intelligence

Current Use by Public Records

Small apartment buildings

Suggested Use

Realty agency Restaurant Law Firm Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop 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
-98.1724789
Latitude
26.3181421

FAQs

What type of property is this?
Multifamily property - Four-unit apartment building, excellent ROI.
Where is this multifamily property located?
The property is located at 1207 Prosperity Dr Edinburg, TX.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Four-unit apartment building in Edinburg, TX, asking $425,000.; Built in 2004, offering immediate income potential.; Excellent location near the University of Texas Rio Grande Valley, ensuring high occupancy.
More about this property
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