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    913 Stubbs St Edinburg, TX 78539

    For Sale
    $230,000

    Two-unit apartment building, excellent investment.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This centrally located Edinburg duplex presents a fantastic investment opportunity. Built in 1992, the property boasts two units, each featuring three bedrooms and one bathroom. The spacious floor plans include separate living and dining areas, enhancing tenant appeal. Interior finishes include tile flooring in the main living areas and attractive laminated wood floors in the bedrooms. Kitchens are equipped with granite countertops, adding a touch of modern elegance. Each unit also offers two dedicated parking spaces. The property sits on a sizable 7,099.84 square foot lot, providing ample outdoor space ideal for a barbecue area or relaxing patio. Its prime location in Edinburg offers easy access to Expressway 281, placing residents within close proximity to shopping centers, the Hidalgo County Courthouse, a variety of restaurants, and the University of Rio Grande Valley. The nearby JC Park adds to the desirability of this location. The asking price for this well-maintained duplex is $230,000. This represents a strong value in a thriving Texas market. This property is an exceptional opportunity for investors seeking a stable and potentially high-return investment.

    Property Features for 913 Stubbs St

    General Information

    Property type
    Multifamily properties

    Building Details

    Year Built
    1992
    Buildings
    1
    Units
    2

    HighLights

    • $230,000 asking price.
    • Two‑unit multifamily apartment building.
    • Located in Edinburg, TX, near shopping, the Hidalgo County Courthouse, restaurants, and the University of Rio Grande Valley.
    • Built in 1992 on a 7,099 sq ft lot.
    • Each unit features 3 bedrooms, 1 bath, living and dining areas, tile and laminate flooring, granite countertops, and 2 parking spaces.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Edinburg
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.1535084
    Latitude
    26.2972969

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    FAQs

    What type of property is this?
    Multifamily property - Two-unit apartment building, excellent investment.
    Where is this multifamily property located?
    The property is located at 913 Stubbs St Edinburg, TX.
    What is the asking price?
    The asking price for this property is $230,000.
    What are key features of this property?
    This property features: $230,000 asking price.; Two-unit multifamily apartment building.; Located in Edinburg, TX, near shopping, the Hidalgo County Courthouse, restaurants, and the University of Rio Grande Valley.
    Request Owner's contact information
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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
    913 Stubbs St Edinburg, TX 78539
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