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214 Fig Dr Edinburg, TX 78541

For Sale
$515,000

Four-unit apartment building, excellent location.

Description

Added:
Dec 11, 2024
Days on Market:
364
This exceptional four-unit apartment building presents a compelling investment opportunity in the desirable West Oaks gated subdivision of Edinburg, Texas. Constructed in 2016, the property comprises two buildings situated on a spacious 12,458.16 square foot lot. The complex offers a mix of unit sizes, providing flexibility for tenant selection. Two units boast 1,096 square feet of living space, each featuring two bedrooms and two bathrooms. The remaining two units offer slightly more generous living areas at 1,120 square feet, each with three bedrooms and two bathrooms. All units are attractively appointed with tile flooring throughout and abundant natural light. The property's location is a key advantage, offering convenient access to a wealth of amenities. Residents are just minutes away from shopping centers, grocery stores, restaurants, schools, and the University of Texas Rio Grande Valley, ensuring high occupancy rates and strong rental demand. This well-maintained property represents a rare opportunity to acquire a turnkey multifamily investment in a thriving Texas market. The asking price is $515,000. The property's size, location, and modern construction make it an ideal addition to any investment portfolio.

Property Features for 214 Fig Dr

General Information

Property type
Multifamily properties

Building Details

Year Built
2016
Buildings
2
Units
4

HighLights

  • $515,000 asking price for this multifamily investment opportunity.
  • Four‑unit apartment building, consisting of two 2 bed/2 bath units (1,096 sq ft each) and two 3 bed/2 bath units (1,120 sq ft each).
  • Built in 2016, situated on a 12,458.16 sq ft lot in Edinburg, TX.
  • Located in the gated West Oaks subdivision, offering convenient access to shopping, dining, schools, and UT Rio Grande Valley.
  • Two buildings on the property.
Property Profile Location Intelligence

Current Use by Public Records

Small apartment buildings

Map

City
Edinburg
County
Hidalgo
State
Texas
Longitude
-98.1622156
Latitude
26.3142302

FAQs

What type of property is this?
Multifamily property - Four-unit apartment building, excellent location.
Where is this multifamily property located?
The property is located at 214 Fig Dr Edinburg, TX.
What is the asking price?
The asking price for this property is $515,000.
What are key features of this property?
This property features: $515,000 asking price for this multifamily investment opportunity.; Four-unit apartment building, consisting of two 2 bed/2 bath units (1,096 sq ft each) and two 3 bed/2 bath units (1,120 sq ft each).; Built in 2016, situated on a 12,458.16 sq ft lot in Edinburg, TX.
More about this property
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