Property profile

822 Blair Ave Edinburg, TX 78541

OFF-MARKET
Apartment buildings
Built 2024
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Property summary

AI-generated overview

Exceptional investment opportunity: a brand-new, four-unit apartment building located at 822 N Blair Avenue, Edinburg, TX 78541. This Class B property, completed in 2024, boasts a desirable 7.83% cap rate and is priced at $529,900. Situated within the gated Atwood Estates community, this fourplex offers a blend of luxury and convenience. The two buildings sit on an 8,799 square foot lot and feature a mix of three-bedroom, two-bathroom and two-bedroom, two-bathroom units. Each unit includes high-end finishes such as custom-built cabinets, recessed ceilings, and stainless steel appliances (refrigerator, microwave, washer, and dryer). Window coverings are also included. Residents enjoy ample covered parking (eight spaces total) and private yard space. The property's prime location offers easy access to the downtown business district, the University of Texas Rio Grande Valley campus (approximately 10 minutes away), quality schools, and a variety of amenities including coffee shops, supermarkets, restaurants, and entertainment venues. This turnkey investment is ideal for discerning buyers seeking a high-return property in a thriving Texas market. The property is located in Hidalgo County.

Property profile

Verified
Property type Apartment buildings
Year built 2024

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

822 Blair Ave Edinburg, TX 78541
Edinburg metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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