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    2414 Mojave St Edinburg, TX 78541

    For Sale
    $625,000

    Brand new, four-unit apartment building in prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional investment opportunity presents a newly constructed, four-unit apartment building situated on a spacious 11,903.206 square foot lot in Edinburg, Texas. Built in 2022, the property comprises two buildings, offering a total of four rental units. Its strategic location provides convenient access to the University of Texas Rio Grande Valley (UTRGV), Walmart, emergency and dental care facilities, and a variety of restaurants. The property's proximity to Highway 281 ensures easy commuting. This turnkey investment offers significant potential for rental income and a strong return on investment. The asking price for this multifamily property is $625,000. The property's modern construction and desirable location make it an attractive option for investors seeking a stable and profitable venture in a growing Texas market. The two buildings offer a combined total of four units, providing a diversified income stream. The substantial lot size provides ample space and potential for future expansion or development. This is a rare opportunity to acquire a high-quality, recently constructed multifamily property in a thriving area with excellent access to major roadways and amenities. Don't miss this chance to secure a promising investment in the vibrant city of Edinburg.

    Property Features for 2414 Mojave St

    General Information

    Property type
    Multifamily properties

    Building Details

    Year Built
    2022
    Buildings
    2
    Units
    4

    HighLights

    • $625,000 asking price for a fourplex.
    • Four‑unit multifamily property in Edinburg, TX.
    • Built in 2022 with two buildings on an 11,903.206 sq ft lot.
    • Excellent location near UT Rio Grande Valley, shopping, and dining.
    • Close proximity to Highway 281.
    Property Profile Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Map

    City
    Edinburg
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.180349
    Latitude
    26.3284807

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    FAQs

    What type of property is this?
    Multifamily property - Brand new, four-unit apartment building in prime location.
    Where is this multifamily property located?
    The property is located at 2414 Mojave St Edinburg, TX.
    What is the asking price?
    The asking price for this property is $625,000.
    What are key features of this property?
    This property features: $625,000 asking price for a fourplex.; Four-unit multifamily property in Edinburg, TX.; Built in 2022 with two buildings on an 11,903.206 sq ft lot.
    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
    2414 Mojave St Edinburg, TX 78541
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