214 Fig Dr Edinburg, TX 78541
- Apartment buildings
Current Use by Public Records
- Apartment buildings
Property Details for 214 Fig Dr
- Year built
- 2016
- Property type
- Apartment buildings
- Property subtype
- Small apartment buildings
Description
This exceptional four-unit apartment building presents a compelling investment opportunity in the desirable West Oaks gated subdivision of Edinburg, Texas. Constructed in 2016, the property comprises two buildings situated on a spacious 12,458.16 square foot lot. The complex offers a mix of unit sizes, providing flexibility for tenant selection. Two units boast 1,096 square feet of living space, each featuring two bedrooms and two bathrooms. The remaining two units offer slightly more generous living areas at 1,120 square feet, each with three bedrooms and two bathrooms. All units are attractively appointed with tile flooring throughout and abundant natural light. The property's location is a key advantage, offering convenient access to a wealth of amenities. Residents are just minutes away from shopping centers, grocery stores, restaurants, schools, and the University of Texas Rio Grande Valley, ensuring high occupancy rates and strong rental demand. This well-maintained property represents a rare opportunity to acquire a turnkey multifamily investment in a thriving Texas market. The asking price is $515,000. The property's size, location, and modern construction make it an ideal addition to any investment portfolio.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Edinburg
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.1622
- Latitude
- 26.3142
