1207 Prosperity Dr Edinburg, TX 78541
- Small apartment buildings
Current Use by Public Records
- Small apartment buildings
Property Details for 1207 Prosperity Dr
- Year built
- 2004
- Property type
- Small apartment buildings
Description
This exceptional four-unit apartment building, located at 1207 Prosperity Drive in Edinburg, Texas, presents a compelling investment opportunity. Built in 2004, the property boasts a single building encompassing four units, offering immediate income potential. The asking price is $425,000. Situated in the rapidly expanding city of Edinburg, this property benefits from a strategic location, ideally positioned next to the University. This proximity to a major educational institution ensures a consistent demand for rental units, contributing to strong occupancy rates and a stable income stream. The property's 2004 construction suggests relatively low maintenance needs in the near term, further enhancing its investment appeal. The property's address is 1207 Prosperity Drive, Edinburg, TX 78541, within Hidalgo County, and its precise coordinates are 26.3181421 latitude and -98.1724789 longitude. This multifamily property, classified as an apartment building and specifically a duplex/triplex/quadruplex, offers a solid foundation for building a robust real estate portfolio. The property's strong location and solid construction make it an attractive option for investors seeking a stable and potentially high-return investment in a thriving Texas market. Detailed financial information and further property specifics are available upon request.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Edinburg
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.1724789
- Latitude
- 26.3181421
