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    5105 Raul Longoria Rd San Juan, TX 78589

    For Sale
    $309,999

    Nine-unit apartment complex, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional investment opportunity presents a nine-unit apartment complex ideally situated at 5105 N Raul Longoria Road, San Juan, Texas, 78589. The property, built in 1987, sits on a 5,025.082 square foot lot and comprises one main building housing seven apartments. Each apartment offers two bedrooms and one bathroom, providing comfortable living spaces for tenants. Adding to the property's income potential are two additional trailers on the site, which can be utilized as rental units or for alternative housing. The property's location in San Juan, Hidalgo County, Texas offers significant advantages, contributing to its strong rental demand and investment value. The address is easily accessible and benefits from proximity to local amenities and transportation options. This multifamily property, with its established rental units and potential for further development, represents a compelling investment opportunity in the thriving Texas real estate market. The asking price for this nine-unit complex is $309,999. This property offers a solid foundation for building a substantial real estate portfolio.

    Property Features for 5105 Raul Longoria Rd

    General Information

    Property type
    Multifamily properties

    Building Details

    Year Built
    1987
    Buildings
    1
    Units
    9

    HighLights

    • $309,999 asking price.
    • Multifamily property, Apartment Building, 9 units.
    • Located at 5105 N Raul Longoria Road, San Juan, TX 78589.
    • Built in 1987, single building on a 5,025 sq ft lot.
    • Seven 2 bed/1 bath apartments plus additional rental potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    San Juan
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.1467345
    Latitude
    26.2409417

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    FAQs

    What type of property is this?
    Multifamily property - Nine-unit apartment complex, prime location.
    Where is this multifamily property located?
    The property is located at 5105 Raul Longoria Rd San Juan, TX.
    What is the asking price?
    The asking price for this property is $309,999.
    What are key features of this property?
    This property features: $309,999 asking price.; Multifamily property, Apartment Building, 9 units.; Located at 5105 N Raul Longoria Road, San Juan, TX 78589.
    Request Owner's contact information
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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
    5105 Raul Longoria Rd San Juan, TX 78589
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