207 Hl St Edcouch, TX 78538
- Apartment buildings
Current Use by Public Records
- Apartment buildings
Property Details for 207 Hl St
- Year built
- 2012
- Property type
- Apartment buildings
- Property subtype
- Small apartment buildings
Description
This exceptional investment opportunity presents a three-unit apartment building situated on a substantial 7,417.83 square foot lot in Edcouch, Texas. Constructed in 2012, the property offers significant potential for a savvy investor. The building comprises a total of three units, presenting a solid foundation for rental income. The property's address is 207 S Hill Street, Edcouch, TX 78538, within Hidalgo County. The asking price is $60,000. While the building currently requires a full renovation to unlock its maximum potential, the substantial lot size and existing structure provide a strong base for a value-add project. The property is being sold "as is," allowing for flexibility in renovation plans and maximizing potential return on investment. This is a rare chance to acquire a multifamily property in a growing Texas market at an attractive price point. The property's location offers convenient access to local amenities and transportation routes. This is an ideal opportunity for investors seeking a hands-on project with significant upside. The 1-building complex presents a manageable project scope for those seeking a manageable investment. The property's 2012 construction date suggests a relatively newer structure compared to older buildings, potentially reducing initial maintenance costs.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Edcouch
- County
- Hidalgo
- State
- Texas
- Longitude
- -97.9613
- Latitude
- 26.2918
