1308 Shavano Dr Edinburg, TX 78541
- Apartment buildings
Current Use by Public Records
- Apartment buildings
Property Details for 1308 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 September 2024, this property boasts two buildings on a spacious 10,511.89 square foot lot. The property's prime location offers easy access to 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. Furthermore, its proximity to McAllen International Airport (approximately 25 minutes away) adds to its appeal. Each of the four units comes fully equipped with all appliances, minimizing tenant acquisition costs and maximizing rental income. This turnkey investment property is priced to sell and represents a compelling opportunity to secure a reliable and potentially lucrative income stream. The property's recent construction ensures minimal maintenance needs in the near future, further enhancing its investment potential. Don't miss this chance to acquire a high-yield asset in a thriving Texas market. All units are ready for immediate occupancy.
Value Estimations
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Edinburg
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.1698
- Latitude
- 26.3201