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    912 Blair Ave Edinburg, TX 78541

    For Sale
    $579,000

    High-yield multifamily investment opportunity.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 2023-built multifamily property, located at 912 N Blair Avenue in Edinburg, Texas (zip code 78541), presents a lucrative investment opportunity. The property consists of two buildings encompassing four units, situated on a spacious 9,717.8 square foot lot. Two units boast two bedrooms and two bathrooms, while the remaining two units offer three bedrooms and two bathrooms each. All units feature modern amenities including tile flooring throughout, granite countertops in the kitchens and bathrooms, elegant fabric blinds, and a full suite of appliances (stove, refrigerator, microwave, and washer/dryer). Individual electric meters are installed for each unit, with a single water meter servicing all four. The property also includes a sprinkler system for the landscaped areas. High ceilings and smoke detectors are installed throughout. The property's prime location near the University of Texas Rio Grande Valley (UTRGV) contributes to its high occupancy potential and strong rental income. This turnkey investment is ready for immediate income generation. The asking price for this exceptional property is $579,000. This represents a compelling opportunity to acquire a high-quality, income-producing asset in a rapidly growing Texas market.

    Property Features for 912 Blair Ave

    General Information

    Property type
    Multifamily properties

    Building Details

    Year Built
    2023
    Buildings
    2
    Units
    4

    HighLights

    • Newly constructed (2023) four‑unit multifamily property in Edinburg, TX.
    • Located on a 9,717.8 sq ft lot at 912 N Blair Avenue, zip code 78541.
    • Features two 2/2 units and two 3/2 units, all with modern amenities including granite countertops and stainless steel appliances.
    • Individual electric meters and a shared water meter. Landscaped with a sprinkler system.
    • Excellent location near UTRGV, offering high occupancy potential.
    • Turnkey investment with an asking price of $579,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Map

    City
    Edinburg
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.2127326
    Latitude
    26.3179114

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    FAQs

    What type of property is this?
    Multifamily property - High-yield multifamily investment opportunity.
    Where is this multifamily property located?
    The property is located at 912 Blair Ave Edinburg, TX.
    What is the asking price?
    The asking price for this property is $579,000.
    What are key features of this property?
    This property features: Newly constructed (2023) four-unit multifamily property in Edinburg, TX.; Located on a 9,717.8 sq ft lot at 912 N Blair Avenue, zip code 78541.; Features two 2/2 units and two 3/2 units, all with modern amenities including granite countertops and stainless steel appliances.
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    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
    912 Blair Ave Edinburg, TX 78541
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