201-205 1St Ave Edinburg, TX 78539
- Apartment buildings
Current Use by Public Records
- Apartment buildings
Property Details for 201-205 1St Ave
- Year built
- 2013
- Property type
- Apartment buildings
- Property subtype
- Small apartment buildings
Description
This exceptional three-unit apartment building, constructed in 2013, presents a compelling investment opportunity in the vibrant city of Edinburg, Texas. Situated on a generous 7,099.84 square foot corner lot, this property offers convenient access to the University of Texas Rio Grande Valley. The building comprises three identical units, each boasting a spacious 1475 square feet of living space. Each unit features three bedrooms and two and a half bathrooms, providing ample living space for residents. Private balconies add to the appeal of each unit, offering outdoor living space. The property's prime location and the desirability of its features make it an attractive option for both investors seeking strong rental income and those looking for a multi-unit property in a thriving community. The asking price for this well-maintained property is $599,000. This represents a significant opportunity to acquire a valuable asset in a rapidly growing Texas market. The property's solid construction and desirable features make it a low-maintenance investment with high potential for long-term appreciation. The address is 201-205 S 1st Avenue, Edinburg, TX 78539.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Edinburg
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.1738
- Latitude
- 26.3016
