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    907 Clarence Ave Edinburg, TX 78541

    For Sale
    $552,000

    Four-unit apartment building, prime location.

    Property size:
    1,008 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 2023-built fourplex in Edinburg, Texas, presents a compelling investment opportunity. The property boasts a total of 1,008 square feet across four units, situated on a spacious 9,600 square foot lot. Two buildings house two units each, offering a mix of three-bedroom/two-bathroom and two-bedroom/two-bathroom floor plans. Each unit is equipped with modern appliances, including refrigerators, stoves, and washer/dryer sets. Residents will appreciate the open-concept living spaces, stylish finishes such as quality flooring and contemporary lighting, and ample storage throughout. The property's prime location in Edinburg offers convenient access to schools, shopping centers, dining options, and recreational facilities. This turnkey investment is ideal for both seasoned investors seeking portfolio expansion and first-time buyers looking for a reliable income-generating asset. The asking price is $552,000. This property offers a blend of modern amenities and a desirable location, making it a strong contender in the Edinburg real estate market. The two buildings provide a well-maintained and attractive rental opportunity.

    Property Features for 907 Clarence Ave

    General Information

    Property type
    Multifamily properties
    Square Feet
    1,008 SF

    Building Details

    Year Built
    2023
    Buildings
    2
    Units
    4

    HighLights

    • $552,000 asking price.
    • Multifamily property, four‑unit apartment building (duplex/triplex/quadruplex).
    • 1,008 square feet.
    • Four units total.
    • Built in 2023.
    • Two buildings on a 9,600 square foot lot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Map

    City
    Edinburg
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.2112037
    Latitude
    26.317428

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    FAQs

    What type of property is this?
    Multifamily property - Four-unit apartment building, prime location.
    Where is this multifamily property located?
    The property is located at 907 Clarence Ave Edinburg, TX.
    What is the asking price?
    The asking price for this property is $552,000.
    What are key features of this property?
    This property features: $552,000 asking price.; Multifamily property, four-unit apartment building (duplex/triplex/quadruplex).; 1,008 square feet.
    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
    907 Clarence Ave Edinburg, TX 78541
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