3009 Mdw Ln Donna, TX 78537-0970
This exceptional 9-unit apartment complex, located at 3009 Meadow Lane in Donna, Texas, presents a compelling investment opportunity. Built in 2016, the property consists of two buildings situated on a substantial 32,835.96 square foot lot. The complex comprises nine spacious two-bedroom, two-bathroom apartments, each designed with modern living in mind. Open floor plans, generous square footage, and abundant natural light create comfortable and inviting living spaces for tenants. The property's strategic location in the thriving community of Donna, Texas offers easy access to schools, shopping centers, and major highways, contributing to strong rental demand. The asking price for this well-maintained property is $1,050,000. Ample parking is available for residents. This multifamily investment boasts a desirable combination of modern amenities, convenient location, and strong potential for rental income, making it an attractive proposition for discerning investors seeking a stable and profitable addition to their portfolio. The property's 2016 construction ensures relatively low maintenance costs and a long lifespan for the buildings. The size of the lot provides ample space for potential future expansion or improvements. This turnkey investment is ready for immediate income generation. The Hidalgo County location offers a growing market with consistent demand for rental housing.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.