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    2034 Huisache St Sullivan City, TX 78595

    For Sale
    $254,999

    High-Yield 4-Unit Apartment Building in Texas

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 4-unit apartment building, located at 2034 Huisache Street in Sullivan City, Texas, presents a compelling investment opportunity. Built in 1989, the property sits on a substantial 21,949.88 square foot lot and comprises a single building housing four spacious units. Each unit offers 934 square feet of living space, featuring two bedrooms and one bathroom. Currently generating a strong monthly rental income of $1,925, this property offers significant cash flow potential. The seller provides water for the units, further enhancing the investment's attractiveness. The property is in excellent condition and represents a rare opportunity to acquire a well-maintained multifamily asset in a growing Texas market. The asking price is $254,999. The property's zip code is 78595, and it is situated in Hidalgo County. This turnkey investment is ideal for both seasoned and aspiring real estate investors seeking a stable and profitable addition to their portfolio. The property's location in Sullivan City, Texas, offers convenient access to local amenities and services. Don't miss this chance to own a high-performing multifamily property in a desirable location.

    Property Features for 2034 Huisache St

    General Information

    Property type
    Multifamily properties

    Building Details

    Year Built
    1989
    Buildings
    1
    Units
    4

    HighLights

    • Four‑unit apartment building in Sullivan City, TX.
    • Located on a 21,949.88 sq ft lot.
    • Each unit is 934 sq ft with 2 bedrooms and 1 bath.
    • Generating $1,925 monthly rental income.
    • Asking price: $254,999.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Suggested Use

    Restaurant Building Supply Convenience Store Bakery

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

    Location Insight

    • Map
    • Local Demand
    City
    Sullivan City
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.5561145
    Latitude
    26.3071872

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    FAQs

    What type of property is this?
    Multifamily property - High-Yield 4-Unit Apartment Building in Texas
    Where is this multifamily property located?
    The property is located at 2034 Huisache St Sullivan City, TX.
    What is the asking price?
    The asking price for this property is $254,999.
    What are key features of this property?
    This property features: Four-unit apartment building in Sullivan City, TX.; Located on a 21,949.88 sq ft lot.; Each unit is 934 sq ft with 2 bedrooms and 1 bath.
    Request Owner's contact information
    2034 Huisache St Sullivan City, TX 78595
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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
    2034 Huisache St Sullivan City, TX 78595
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