903 Starr St Mercedes, TX 78570
- Apartment buildings
Current Use by Public Records
- Apartment buildings
Property Details for 903 Starr St
- Year built
- 2023
- Property type
- Apartment buildings
- Property subtype
- Small apartment buildings
Description
This exceptional investment opportunity presents a fully leased fourplex located at 903 Starr Street in Mercedes, Texas, 78570. Built in 2023, this property boasts a desirable location within Hidalgo County and sits on a spacious 10,000 square foot lot. The property comprises two buildings, offering a total of four units. The unit mix includes two two-bedroom, two-bathroom units and two three-bedroom, two-bathroom units, catering to a diverse range of tenants. Each unit is equipped with modern appliances, adding to their appeal and increasing rental potential. Convenient carports are provided for residents. The property's modern design and fully leased status make it an attractive investment, promising immediate cash flow and strong potential for future appreciation. The asking price for this turnkey investment is $510,000. This represents a rare opportunity to acquire a newly constructed, high-demand multifamily property in a growing Texas market. The property's excellent condition and strong tenant occupancy make it an ideal addition to any investment portfolio. Don't miss this chance to secure a profitable and low-maintenance investment property.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Mercedes
- County
- Hidalgo
- State
- Texas
- Longitude
- -97.9123
- Latitude
- 26.1557
