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    1609 Coyote Hl Edinburg, TX 78541

    For Sale
    $558,900

    High-Yield Multifamily Investment Opportunity

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 2022-built, four-unit apartment building presents a lucrative investment opportunity in the thriving city of Edinburg, Texas. Situated on a spacious 10,899 square foot lot, this property comprises two buildings, offering a mix of unit sizes to cater to diverse renter needs. Two units boast two bedrooms and two bathrooms, while the remaining two units provide three bedrooms and two bathrooms each. All units are elegantly appointed with modern features including tile flooring throughout, granite countertops in the kitchens and bathrooms, and stylish fabric blinds. Each unit is equipped with a stove, refrigerator, microwave, and washer/dryer, enhancing tenant appeal and convenience. Individual light meters for each unit ensure efficient utility management. High decorative ceilings and smoke detectors add to the overall quality and safety of the property. The property's location near the University of Texas Rio Grande Valley (UTRGV) contributes to its strong rental demand and potential for high occupancy rates. This turnkey investment is ready for immediate income generation, making it an ideal addition to any portfolio. The asking price is $558,900. This property is located at 1609 Coyote Hills, Edinburg, TX 78541.

    Property Features for 1609 Coyote Hl

    General Information

    Property type
    Multifamily properties

    Building Details

    Year Built
    2022
    Buildings
    2
    Units
    4

    HighLights

    • $558,900 asking price.
    • Multifamily property with four units.
    • Apartment building consisting of two buildings, built in 2022.
    • 10,899 square foot lot.
    • Located in Edinburg, TX, 78541, near UTRGV.
    Property Profile Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Map

    City
    Edinburg
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.1531989
    Latitude
    26.317341

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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 1609 Coyote Hl Edinburg, TX.
    What is the asking price?
    The asking price for this property is $558,900.
    What are key features of this property?
    This property features: $558,900 asking price.; Multifamily property with four units.; Apartment building consisting of two buildings, built in 2022.
    Request Owner's contact information
    1609 Coyote Hl 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
    1609 Coyote Hl Edinburg, TX 78541
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