23801 Uresti Rd Edinburg, TX 78542
- Apartment buildings
- 3,600 SF
Current Use by Public Records
- Apartment buildings
Property Details for 23801 Uresti Rd
- Year built
- 2023
- Property size
- 3,600 SF
- Property type
- Apartment buildings
- Property subtype
- Small apartment buildings
Description
This exceptional investment opportunity presents a brand-new, four-unit apartment building located at 23801 Uresti Road, Edinburg, Texas, 78542. Completed in 2023, this property boasts a total of 3,600 square feet situated on a generous 21,827.916 square foot lot – approximately half an acre. The building consists of four individual apartment units, making it an ideal investment for generating rental income. The property is currently unfinished, presenting a unique opportunity for an investor to customize the interior finishes to maximize rental potential and achieve their desired aesthetic. The property's location in Edinburg, Hidalgo County, Texas offers access to a growing population and a strong rental market. The asking price for this multifamily property is $100,000. This represents a compelling entry point into the Texas real estate market, offering significant potential for appreciation and cash flow. The property's size and location make it an attractive proposition for both seasoned investors and those new to the multifamily sector. Given its new construction and unfinished state, the buyer has the flexibility to tailor the property to their specific investment strategy. This is a rare opportunity to acquire a multifamily property in a desirable location at an attractive price point.
Value Estimation
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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
- -98.0606
- Latitude
- 26.3659
