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Property profile & analytics
FOR SALE
Small apartment buildings

424 W Chavez St Edinburg, TX 78541

Built 2021
Property ID
US82-7760134
Property summary
AI-generated overview

This exceptional fourplex, located at 424 W Chavez Street in Edinburg, Texas, presents a compelling investment opportunity. Built in 2021, this property boasts a total of four units, spread across two buildings, each housing two units. The buildings sit on a generous 5,679.78 square foot lot. Each unit offers 1 bedroom and 1 bathroom, totaling 2,688 square feet of living space. The property is conveniently located near the University of Texas Rio Grande Valley (UTRGV), ensuring a consistent demand for rental units. Modern amenities include a wood fence, central HVAC systems, and tile flooring throughout. All appliances are included in each unit, simplifying tenant occupancy and reducing management concerns. The property's recent construction (2021) minimizes maintenance needs and maximizes potential rental income. With the potential for future rent increases, this fourplex offers a strong return on investment in a thriving Texas market. The asking price is $459,000. This is a turnkey investment ready for immediate income generation. The property's location near UTRGV provides a stable tenant base and strong rental demand. Don't miss this chance to acquire a high-yield multifamily property in a rapidly growing area.

Property profile
Verified
Property type Small apartment buildings
Year built 2021
UPID US82-7760134
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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