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712 Agate St Edinburg, TX 78541

For Sale
$449,000

Prime location, 4-unit apartment building

Description

Added:
Dec 11, 2024
Days on Market:
365
This exceptional investment opportunity presents a well-maintained, four-unit apartment building ideally situated in Edinburg, Texas, at 712 Agate Street, 78541. Built in 2007, this property boasts two buildings situated on a spacious 13,277 square foot lot. Each of the four units offers three bedrooms, two bathrooms, and a two-car carport, providing ample living space for tenants. High-quality finishes include granite countertops in the kitchens, tile flooring throughout, and cultured marble bathroom sinks. Bathrooms feature a fiberglass shower/tub combo in one bathroom and a separate fiberglass shower in the master bathroom, with a private door separating the shower/toilet from the sink area in one bathroom. Beyond the carports, six additional uncovered parking spaces are available, along with ample street parking. The property also includes two large children's play areas, enhancing its appeal to families. Each unit is equipped with a washer, dryer, refrigerator, and stove. Enhanced security is provided by two security lights, supplemented by a streetlight illuminating the rear of the buildings. Currently, the units generate strong rental income, with three units renting for $1,100, $1,000, and $950 respectively. The seller is offering a $15,000 concession towards closing costs. This property's prime location offers convenient access to the University of Texas Rio Grande Valley (UTRGV), making it highly attractive to students and faculty. The combination of strong rental income, desirable amenities, and excellent location makes this a compelling investment opportunity.

Property Features for 712 Agate St

General Information

Property type
Multifamily properties

Building Details

Year Built
2007
Buildings
2
Units
4

HighLights

  • $449,000 asking price for this four‑unit multifamily property.
  • Located in Edinburg, TX, near UTRGV.
  • Fourplex built in 2007, featuring two buildings on a 13,277 sq ft lot.
  • Each of the four units offers 3 bedrooms, 2 bathrooms, and a 2‑car carport.
  • Units include granite countertops, tile flooring, and updated bathrooms. Amenities include washer/dryer, refrigerator, and stove in each unit, plus additional uncovered parking.
Property Profile Insight Report 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 Auto Repair Shop

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

Location Insight

  • Map
  • Local Demand
City
Edinburg
County
Hidalgo
State
Texas
Longitude
-98.1863439
Latitude
26.3117899

FAQs

What type of property is this?
Multifamily property - Prime location, 4-unit apartment building
Where is this multifamily property located?
The property is located at 712 Agate St Edinburg, TX.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: $449,000 asking price for this four-unit multifamily property.; Located in Edinburg, TX, near UTRGV.; Fourplex built in 2007, featuring two buildings on a 13,277 sq ft lot.
More about this property
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