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Property profile & analytics
OFF-MARKET
Apartment buildings

207 Hl St Edcouch, TX 78538

Built 2012
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Apartment buildings
Year built 2012
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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