1505 Shavano Dr Edinburg, TX 78541
- Apartment buildings
Current Use by Public Records
- Apartment buildings
Property Details for 1505 Shavano Dr
- Year built
- 2024
- Property type
- Apartment buildings
- Property subtype
- Small apartment buildings
Description
This exceptional investment opportunity presents a brand-new, four-unit apartment building situated in the desirable Sugar Mill Estates subdivision of Edinburg, Texas. Completed in 2024, this property boasts two buildings situated on a spacious 11,039.85 square foot lot. The property is ideally located just minutes away from major retail centers, diverse restaurants, the Hidalgo County Courthouse, and The University of Texas Rio Grande Valley, ensuring high occupancy rates and strong rental demand. Its convenient proximity to McAllen International Airport (approximately 25 minutes away) further enhances its appeal. All four units come fully equipped with appliances, representing a turnkey investment ready to generate immediate income. Priced aggressively at $545,000, this property offers a compelling return on investment and a reliable income stream. Don't miss this chance to acquire a high-performing asset in a thriving Texas market. The property's new construction ensures minimal maintenance needs and long-term value appreciation. This is a rare opportunity to secure a stable and profitable investment in a rapidly growing area. The property's location near major amenities and transportation hubs makes it highly attractive to renters.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Edinburg
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.1702
- Latitude
- 26.3202