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    413 Main St Donna, TX 78537

    For Sale
    $220,000

    Two-unit income property, downtown Donna, TX.

    Property size:
    3,018 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional investment opportunity presents a well-maintained duplex located at 413 N Main Street in the heart of Donna, Texas. Built in 1978, this property boasts a substantial 3,018 square feet of living space spread across two units, each featuring two bedrooms and one bathroom. Situated on a generous 10,950.11 square foot lot, the property offers ample space and potential for future development or expansion. The convenient location, just minutes from the expressway, ensures easy access to major transportation routes, enhancing its appeal to tenants. The asking price for this income-producing property is $220,000, representing a compelling entry point for investors seeking a strong return on investment in the thriving Donna market. The property's solid construction and desirable location make it an attractive option for both seasoned and new investors. This duplex presents a rare opportunity to acquire a turnkey investment property with immediate income potential and significant upside. The property consists of one building and is classified as a multifamily property, specifically an apartment building categorized as a duplex/triplex/quadruplex. The zip code is 78537, and the property is located in Hidalgo County.

    Property Features for 413 Main St

    General Information

    Property type
    Multifamily properties
    Square Feet
    3,018 SF

    Building Details

    Year Built
    1978
    Buildings
    1
    Units
    2

    HighLights

    • $220,000 asking price.
    • Multifamily property, specifically a duplex, totaling 3,018 square feet.
    • Two units, each with 2 bedrooms and 1 bathroom.
    • Built in 1978, situated on a 10,950 square foot lot.
    • Located at 413 N Main Street, Donna, TX 78537.
    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 Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Donna
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.053477
    Latitude
    26.177105

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    FAQs

    What type of property is this?
    Multifamily property - Two-unit income property, downtown Donna, TX.
    Where is this multifamily property located?
    The property is located at 413 Main St Donna, TX.
    What is the asking price?
    The asking price for this property is $220,000.
    What are key features of this property?
    This property features: $220,000 asking price.; Multifamily property, specifically a duplex, totaling 3,018 square feet.; Two units, each with 2 bedrooms and 1 bathroom.
    Request Owner's contact information
    413 Main St 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
    413 Main St Donna, TX 78537
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