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    2307 Kimberly Ln Edinburg, TX 78541

    Sponsored
    For Sale
    $379,000

    Four-unit apartment building, excellent location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional multifamily investment opportunity presents a well-maintained four-unit apartment building situated on a spacious 9,431.176 square foot lot in Edinburg, Texas. Built in 1998, the property comprises two buildings, offering a solid foundation for immediate income generation. The convenient location near the University of Texas Rio Grande Valley (UTRGV) ensures high occupancy rates and strong rental demand. Proximity to shopping centers and restaurants further enhances the property's appeal to tenants. Each unit boasts two bedrooms and two bathrooms, providing comfortable and desirable living spaces. The asking price for this turnkey investment is $379,000, representing a compelling opportunity for investors seeking a stable and profitable addition to their portfolio. The property's strong location, combined with its well-maintained condition and desirable unit features, makes it an attractive investment prospect with significant potential for long-term growth and return. The address is 2307 Kimberly Lane, Edinburg, TX 78541, within Hidalgo County. This property is zoned for multifamily use and offers a rare chance to acquire a well-positioned, income-producing asset in a thriving Texas market.

    Property Features for 2307 Kimberly Ln

    General Information

    Property type
    Multifamily properties

    Building Details

    Year Built
    1998
    Buildings
    2
    Units
    4

    HighLights

    • $379,000 asking price for a multifamily property.
    • Four‑unit apartment building.
    • Built in 1998, with two buildings on a 9,431 sq ft lot.
    • Located in Edinburg, TX, at 2307 Kimberly Lane, zip code 78541.
    • Excellent location near UT‑RGV, shopping, and restaurants.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -98.1882814
    Latitude
    26.3084354

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    FAQs

    What type of property is this?
    Multifamily property - Four-unit apartment building, excellent location.
    Where is this multifamily property located?
    The property is located at 2307 Kimberly Ln Edinburg, TX.
    What is the asking price?
    The asking price for this property is $379,000.
    What are key features of this property?
    This property features: $379,000 asking price for a multifamily property.; Four-unit apartment building.; Built in 1998, with two buildings on a 9,431 sq ft lot.
    Request Owner's contact information
    2307 Kimberly Ln Edinburg, TX 78541
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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
    2307 Kimberly Ln Edinburg, TX 78541
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