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    2109 Carlos Dr Edinburg, TX 78541

    Sponsored
    For Sale
    $390,000

    Four-unit apartment building, excellent ROI.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional four-unit apartment building presents a compelling investment opportunity in the thriving city of Edinburg, Texas. Built in 2006, the property boasts a substantial 11,744.21 square foot lot and comprises a single building housing four generously sized units. Each unit offers two spacious bedrooms and two full bathrooms, providing comfortable and desirable living spaces for tenants. Currently, all four units are occupied, generating immediate rental income. The property has recently undergone a complete interior and exterior repainting, ensuring a fresh and appealing aesthetic. Its strategic location in a highly sought-after neighborhood offers easy access to local schools, shopping centers, diverse dining options, and major highways, making it exceptionally attractive to renters. This turnkey investment is ideal for both seasoned investors looking to expand their portfolio and those embarking on their real estate journey. The asking price is $390,000, representing a strong return on investment in a consistently growing market. Don't miss this chance to acquire a well-maintained, income-producing property in a prime location. The property address is 2109 Carlos Drive, Edinburg, TX 78541.

    Property Features for 2109 Carlos Dr

    General Information

    Property type
    Multifamily properties

    Building Details

    Year Built
    2006
    Buildings
    1
    Units
    4

    HighLights

    • $390,000 asking price.
    • Four‑unit multifamily apartment building.
    • Located in Edinburg, TX, 78541, at 2109 Carlos Drive.
    • Built in 2006 on an 11,744 sq ft lot.
    • Each unit features two bedrooms and two bathrooms.
    • All units currently occupied.
    Property Profile Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Map

    City
    Edinburg
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.1839025
    Latitude
    26.3132913

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    FAQs

    What type of property is this?
    Multifamily property - Four-unit apartment building, excellent ROI.
    Where is this multifamily property located?
    The property is located at 2109 Carlos Dr Edinburg, TX.
    What is the asking price?
    The asking price for this property is $390,000.
    What are key features of this property?
    This property features: $390,000 asking price.; Four-unit multifamily apartment building.; Located in Edinburg, TX, 78541, at 2109 Carlos Drive.
    Request Owner's contact information
    2109 Carlos Dr 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
    2109 Carlos Dr Edinburg, TX 78541
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