1126 Cano St Edinburg, TX 78539
This exceptional investment opportunity presents a newly constructed three-unit apartment building situated on a sizable 7,099.84 square foot corner lot in the vibrant city of Edinburg, Texas. Built in 2022, this triplex boasts three individual units, each featuring two bedrooms and two bathrooms, all finished with modern amenities. The property's strategic location offers convenient access to the University of Texas Rio Grande Valley, a wide array of restaurants and shopping centers, and the Hidalgo County Courthouse. All three units are currently occupied, generating immediate rental income. It's important to note that this property must be purchased in conjunction with two additional properties located at 1021 W. Cano St. and 1009 W. Cano St., Edinburg, TX, to complete the sale. This presents a unique opportunity to acquire a significant portfolio of rental properties in a high-demand area. The asking price for this specific triplex is $395,000. This is a turnkey investment perfect for those seeking a strong return on investment in a thriving Texas market. The property's excellent condition and prime location ensure a promising future for any investor. Don't miss this chance to own a piece of Edinburg's burgeoning real estate market.
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
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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.