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    3214 Luz Divina St Edinburg, TX 78542

    For Sale
    $425,000

    Fourplex, 3640 sq ft, high rental income.

    Property size:
    3,640 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional investment opportunity presents a well-maintained fourplex located at 3214 Luz Divina Street in Edinburg, Texas, 78542. Built in 2016, this property boasts a total of 3,640 square feet situated on a spacious 10,745.816 square foot lot. The property comprises two buildings, each housing two units. All four units are two-bedroom, two-bathroom apartments, currently generating rental income ranging from $900 to $950 per month. The property's attractive features include a wood fence, ensuring privacy and security. Each unit is equipped with a central HVAC system for year-round comfort, granite countertops adding a touch of elegance, and ceiling fans for efficient cooling. The property's 2016 construction ensures modern amenities and minimal maintenance needs. With a potential for rental increases, this fourplex represents a strong investment opportunity in the thriving Edinburg, Texas market. The property is conveniently located in Hidalgo County, offering easy access to local amenities and transportation. This turnkey investment is ready for immediate income generation. Don't miss this chance to acquire a profitable multifamily property in a desirable location.

    Property Features for 3214 Luz Divina St

    General Information

    Property type
    Multifamily properties
    Square Feet
    3,640 SF

    Building Details

    Year Built
    2016
    Buildings
    2
    Units
    4

    HighLights

    • Well‑maintained fourplex in Edinburg, TX (78542).
    • 3,640 sq ft building on a 10,745.82 sq ft lot, built in 2016.
    • Four 2 bed/2 bath units, generating $900-$950/month in rental income.
    • Features include a wood fence, central HVAC, granite countertops, and ceiling fans.
    • Turnkey investment opportunity with potential for rental increases in a desirable location.
    Property Profile Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Map

    City
    Edinburg
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.1367842
    Latitude
    26.2665573

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    FAQs

    What type of property is this?
    Multifamily property - Fourplex, 3640 sq ft, high rental income.
    Where is this multifamily property located?
    The property is located at 3214 Luz Divina St Edinburg, TX.
    What is the asking price?
    The asking price for this property is $425,000.
    What are key features of this property?
    This property features: Well-maintained fourplex in Edinburg, TX (78542).; 3,640 sq ft building on a 10,745.82 sq ft lot, built in 2016.; Four 2 bed/2 bath units, generating $900-$950/month in rental income.
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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
    3214 Luz Divina St Edinburg, TX 78542
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