2810 Richardson Rd Edinburg, TX 78542
- Apartment buildings
Current Use by Public Records
- Apartment buildings
Property Details for 2810 Richardson Rd
- Year built
- 1998
- Property type
- Apartment buildings
- Property subtype
- Small apartment buildings
Description
This exceptional investment opportunity presents a three-unit apartment building located at 2810 E Richardson Road, Edinburg, Texas, 78542. Built in 1998, the property sits on a spacious 16,988 square foot lot and offers a total of 2,560 square feet of living space across three units. The building comprises one structure converted into a triplex configuration. Unit #1 boasts three bedrooms and one bathroom, mirroring the layout of Unit #2. Unit #3 offers a slightly different configuration with one bedroom and one bathroom. Adding to the property's versatility is an 836 square foot workshop or storage area, ideal for additional income generation or personal use. The property's strategic location provides easy access to Expressway 281 (Interstate Highway 69), a major thoroughfare in the Rio Grande Valley, ensuring convenient commuting and high visibility. The asking price for this income-producing property is $240,000. This represents a compelling opportunity for investors seeking a strong return on investment in a desirable location. The property's size, unit configuration, and convenient location combine to create a highly attractive investment prospect.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Edinburg
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.1331
- Latitude
- 26.3039
