2218 Hester St Edinburg, TX 78541

OFF-MARKET

Apartment buildings

6,494 SF Built 2021

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This exceptional 2021-built triplex, located at 2218 N Hester Street in Edinburg, Texas, presents a compelling investment opportunity. The property boasts a total of 6,494 square feet across three units, each featuring three bedrooms and two bathrooms. Each unit is equipped with a stove, refrigerator, washer, dryer, and microwave. The buildings sit on a spacious 11,265.05 square foot corner lot, offering private backyards for each unit. Ample parking is provided by two carports with a total of six parking spaces. The property's strategic location offers convenient access to the University of Texas Rio Grande Valley (UTRGV) and the expressway, enhancing its appeal to both students and commuters. The asking price for this turnkey investment is $409,000. This property is ideal for first-time investors or seasoned professionals seeking a strong return on investment in a desirable Texas location. The property consists of two buildings and is zoned for multifamily use. The zip code is 78541, and the property is situated in Hidalgo County.

Property type Apartment buildings

Year built 2021

Total area 6,494 SF

Implied cap rate, NOI & suggested price

Cap rate vs submarket · NOI estimate · 3 price anchors

2218 Hester St Edinburg, TX 78541

Edinburg metro

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