207 Hl St Edcouch, TX 78538
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.