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Property profile

1609 Coyote Hl Edinburg, TX 78541

OFF-MARKET
Apartment buildings
Built 2022
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Property summary

AI-generated overview

This exceptional 2022-built, four-unit apartment building presents a lucrative investment opportunity in the thriving city of Edinburg, Texas. Situated on a spacious 10,899 square foot lot, this property comprises two buildings, offering a mix of unit sizes to cater to diverse renter needs. Two units boast two bedrooms and two bathrooms, while the remaining two units provide three bedrooms and two bathrooms each. All units are elegantly appointed with modern features including tile flooring throughout, granite countertops in the kitchens and bathrooms, and stylish fabric blinds. Each unit is equipped with a stove, refrigerator, microwave, and washer/dryer, enhancing tenant appeal and convenience. Individual light meters for each unit ensure efficient utility management. High decorative ceilings and smoke detectors add to the overall quality and safety of the property. The property's location near the University of Texas Rio Grande Valley (UTRGV) contributes to its strong rental demand and potential for high occupancy rates. This turnkey investment is ready for immediate income generation, making it an ideal addition to any portfolio. The asking price is $558,900. This property is located at 1609 Coyote Hills, Edinburg, TX 78541.

Property profile

Verified
Property type Apartment buildings
Year built 2022

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1609 Coyote Hl Edinburg, TX 78541
Edinburg metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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