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    1006 Woodson Edinburg, TX 78541

    For Sale
    $558,000

    Ten-unit multifamily investment opportunity.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional 2023-built multifamily property, located at 1006 N Woodson in Edinburg, Texas, presents a lucrative investment opportunity. The complex comprises two buildings, encompassing a total of ten units, spread across a generous 9,601.06 square foot lot. The property's prime location in a high-traffic area near the University of Texas Rio Grande Valley (UTRGV) ensures strong rental demand. The meticulously designed units boast modern finishes, including elegant fabric blinds, granite countertops in both kitchens and bathrooms, and tile flooring throughout. Each unit is equipped with a stove, refrigerator, microwave, and washer/dryer, providing tenants with exceptional convenience. A thoughtful design includes separate electric meters for each unit and a single water meter for the entire complex, simplifying utility management. The property also features a sprinkler system for the landscaped areas. High ceilings and smoke detectors enhance both aesthetics and safety. With a mix of two-bedroom, two-bathroom and three-bedroom, two-bathroom units, this property offers a diverse range of living spaces to attract a wide pool of tenants. The asking price is $558,000, representing a compelling investment in a thriving Texas market. This turnkey property is ready for immediate income generation, making it an ideal addition to any investment portfolio.

    Property Features for 1006 Woodson

    General Information

    Property type
    Multifamily properties

    Building Details

    Year Built
    2023
    Buildings
    2
    Units
    10

    HighLights

    • $558,000 asking price.
    • Multifamily property, 10‑unit apartment building (duplex/triplex/quadplex).
    • 2 buildings on a 9,601 sq ft lot.
    • Built in 2023.
    • Located at 1006 N Woodson, Edinburg, TX 78541.
    Property Profile Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Map

    City
    Edinburg
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.213758
    Latitude
    26.3171713

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    FAQs

    What type of property is this?
    Multifamily property - Ten-unit multifamily investment opportunity.
    Where is this multifamily property located?
    The property is located at 1006 Woodson Edinburg, TX.
    What is the asking price?
    The asking price for this property is $558,000.
    What are key features of this property?
    This property features: $558,000 asking price.; Multifamily property, 10-unit apartment building (duplex/triplex/quadplex).; 2 buildings on a 9,601 sq ft lot.
    Request Owner's contact information
    1006 Woodson Edinburg, TX 78541
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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
    1006 Woodson Edinburg, TX 78541
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