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    1810 Agua Fina Ave Edinburg, TX 78541

    For Sale
    $379,900

    Four-unit apartment building, excellent income potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional multifamily investment opportunity presents a well-maintained, four-unit apartment building located at 1810 N Agua Fina Avenue, Edinburg, Texas, 78541. Built in 2001, the property consists of two buildings, each housing two units. The asking price is $379,900. Each of the four units boasts a spacious 945 square feet of living area, featuring two bedrooms and two bathrooms. Convenience is key with washer and dryer included in each unit, along with kitchen appliances (stove and refrigerator). Currently, there are two vacancies, presenting an immediate opportunity to increase rental income. A detailed income statement is available upon request, providing potential investors with a comprehensive financial overview. This property is situated in Hidalgo County, Texas, offering a strong rental market and significant potential for future growth. The property's location in Edinburg provides easy access to local amenities and transportation routes. This is a turnkey investment ready for a new owner to maximize its potential. Serious inquiries are encouraged to submit offers.

    Property Features for 1810 Agua Fina Ave

    General Information

    Property type
    Multifamily properties

    Building Details

    Year Built
    2001
    Buildings
    2
    Units
    4
    Property Profile Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Map

    City
    Edinburg
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.1816414
    Latitude
    26.3152952

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    FAQs

    What type of property is this?
    Multifamily property - Four-unit apartment building, excellent income potential.
    Where is this multifamily property located?
    The property is located at 1810 Agua Fina Ave Edinburg, TX.
    What is the asking price?
    The asking price for this property is $379,900.
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    1810 Agua Fina Ave 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
    1810 Agua Fina Ave Edinburg, TX 78541
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