1818 Jason Ave Edinburg, TX 78539
For Sale
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This exceptional investment opportunity presents a four-unit apartment building located at 1818 Jason Avenue in Edinburg, Texas, 78539. Built in 1993, this property offers a compelling return on investment. The building comprises four units, each featuring two bedrooms and one bathroom. Each unit is equipped with a washer, dryer, refrigerator, and stove, enhancing tenant appeal. The property's prime location offers convenient access to the University of Texas Rio Grande Valley (UTRGV), a variety of shopping and dining options, fitness centers, and is directly across from a skate park, splash pad, and baseball field. Currently, all four units are occupied, generating immediate rental income. Showings require advance scheduling and pre-approval letters. It's important to note that the seller is also listing two other four-plexes (1820 Jason Ave and 1902 Jason Ave) and the sale of this property is contingent upon the simultaneous sale of all three properties as a single transaction. The asking price for this specific property is $349,000. This is a rare chance to acquire a well-situated multifamily property with strong rental potential in a thriving Texas community.
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
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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.