4014-4020 Sprague St Edinburg, TX 78539
- Land
- 2.25 lot acres
Current Use by Public Records
- Land
Property Details for 4014-4020 Sprague St
- Year built
- 1992
- Lot size
- 2.25 lot acres
- Property type
- Land
Description
This exceptional investment opportunity encompasses a 2.25-acre commercial property in Edinburg, Texas, located between 10th and Mon Mack. The portfolio consists of four properties: a vacant lot (4020 W Sprague), a residence with a pool and pool house (4018 W Sprague), a building housing a gym and four leased apartments (4016 W Sprague), and a thriving daycare center (4014 W Sprague). All properties are currently leased, generating consistent rental income. The residence offers comfortable living accommodations, while the other properties provide diversified income streams. Built in 1992, this prime location in Hidalgo County, zip code 78539, ensures long-term appreciation and high demand, making it an ideal investment for portfolio diversification and risk management. The asking price for this entire 2.25-acre assemblage is $3,000,000. This presents a unique chance to acquire a well-established, income-producing property with significant upside potential. The property's strategic location and diverse tenant base contribute to its strong financial performance and future growth prospects. This is a rare opportunity to acquire a substantial commercial property in a rapidly growing Texas market.
Value Estimations
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AI approach
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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
- -98.208
- Latitude
- 26.3001