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    800 Noemi St Donna, TX 78537

    For Sale
    $149,999

    Three-unit apartment building, excellent ROI.

    Property size:
    416 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional investment opportunity presents a charming two-building triplex located at 800 Noemi Street, Donna, Texas, 78537. The property boasts a total of three units, each featuring one bedroom and one bathroom, spread across a combined 416 square feet of living space. Built in 2000, this property sits on a generous 6,359.76 square foot lot, offering ample space and potential for future development or expansion. Currently, each unit generates a monthly rental income of $550, presenting a strong potential return on investment. The property is being sold "as is," providing an opportunity for buyers to customize and enhance the units to their specifications. The address is conveniently located in Donna, Hidalgo County, Texas, with the zip code 78537. This multifamily property is ideal for both seasoned investors seeking a solid addition to their portfolio and those new to real estate investment looking for a manageable and profitable entry point. The property's current condition offers a chance to add value through renovations or upgrades, further increasing its rental income potential. This is a turnkey opportunity to acquire a well-located, income-generating property in a growing Texas market.

    Property Features for 800 Noemi St

    General Information

    Property type
    Multifamily properties
    Square Feet
    416 SF

    Building Details

    Year Built
    2000
    Buildings
    2
    Units
    3

    HighLights

    • Charming two‑building triplex in Donna, TX.
    • Three 1 bed/1 bath units totaling 416 sq ft.
    • Situated on a 6,359.76 sq ft lot.
    • Built in 2000, each unit generates $550/month in rental income.
    • Sold "as is," offering renovation potential.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Suggested Use

    Restaurant Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Auto Parts Store Hotel & Motel Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Donna
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.0722193
    Latitude
    26.2304286

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    FAQs

    What type of property is this?
    Multifamily property - Three-unit apartment building, excellent ROI.
    Where is this multifamily property located?
    The property is located at 800 Noemi St Donna, TX.
    What is the asking price?
    The asking price for this property is $149,999.
    What are key features of this property?
    This property features: Charming two-building triplex in Donna, TX.; Three 1 bed/1 bath units totaling 416 sq ft.; Situated on a 6,359.76 sq ft lot.
    Request Owner's contact information
    800 Noemi St Donna, TX 78537
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    Donna, TX 78537
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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
    800 Noemi St Donna, TX 78537
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