Current Use by Public Records
- Apartment buildings
Property Details for 404 Onyx Ave
- Year built
- 2025
- Property type
- Apartment buildings
- Property subtype
- Small apartment buildings
Description
This exceptional investment opportunity presents a brand-new, four-unit apartment building located at 404 N Onyx Avenue N, Edinburg, Texas, 78541. Construction is about to commence on this property, offering a unique chance to acquire a multifamily asset in a rapidly developing neighborhood. The asking price is $535,000. The property boasts a total of 4,200 square feet situated on a 9,845 square foot lot. The development comprises two buildings, featuring a mix of unit sizes designed for optimal rental income. Two units offer three bedrooms and two bathrooms, while the remaining two units provide two bedrooms and two bathrooms. Each unit is thoughtfully planned with open floor plans, high-end finishes, and energy-efficient features, ensuring both tenant appeal and long-term cost-effectiveness. The contemporary exterior design, complemented by well-planned landscaping, will create a highly attractive property for prospective tenants. The property's location in an up-and-coming area of Edinburg, Hidalgo County, positions it for significant long-term growth potential. This is a pre-construction investment opportunity, allowing you to secure this asset before completion in 2025. Don't miss this chance to capitalize on the burgeoning real estate market in this promising Texas location.
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
- Linn
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.2869
- Latitude
- 26.4853
