608 Mccoll Rd Edinburg, TX 78539
- Apartment buildings
- 4,820 SF
- 0.23 lot acres
Current Use by Public Records
- Apartment buildings
Property Details for 608 Mccoll Rd
- Year built
- 1976
- Lot size
- 0.23 lot acres
- Property size
- 4,820 SF
- Property type
- Apartment buildings
- APN
- M4650-00-000-0015-00
- APU
- M465000000001500
Description
This exceptional six-unit apartment building, located at 608 N Mccoll Road, Edinburg, TX 78539, presents a compelling investment opportunity. The property, built in 1976, comprises two buildings situated on a 10,079.78 square foot lot. The unit mix consists of five two-bedroom, one-bathroom units and one one-bedroom, one-bathroom unit, offering a diverse range of living spaces. While the property shows its age, it maintains excellent structural integrity and is currently in good condition. The owner has undertaken minor improvements, and a significant opportunity exists to increase rental income to reflect current market rates. Its strategic location on a main road provides excellent visibility and accessibility. Furthermore, its proximity to the University of Texas Rio Grande Valley (UTRGV), shopping centers, and restaurants enhances its appeal to tenants. This property is priced at $495,000 and offers investors a solid foundation for substantial returns. The property's strong location and potential for rental growth make it an attractive investment prospect.
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
- Edinburg
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.193
- Latitude
- 26.3112
- CBSA code
- 32580
- CBSA name
- MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA
