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Property profile

613 Jasper St Edinburg, TX 78541

FOR SALE
Apartment buildings
Property ID
US82-6610008
Built 2024
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Property summary

AI-generated overview

This exceptional 3-unit apartment building, constructed in 2024, presents a compelling investment opportunity in the thriving city of Edinburg, Texas. Located at 613 Jasper Street, 78541, this property boasts a prime location near the University of Texas Rio Grande Valley (UTRGV), ensuring a consistent demand for rental units. The building sits on a sizable 6,343.21 square foot lot and comprises a single building. Each of the three units offers modern comfort and convenience, making them attractive to students and young professionals alike. The property includes convenient carports, providing ample parking for residents. A spacious backyard adds to the overall appeal, offering a desirable outdoor space. The asking price for this turnkey investment is $369,500. Its proximity to UTRGV guarantees a steady stream of potential tenants, making it an ideal asset for long-term growth and rental income. This property represents a rare opportunity to acquire a newly constructed multifamily building in a high-demand area, offering both immediate income potential and significant future appreciation. The property's location in Hidalgo County, Texas, further enhances its investment value.

Property profile

Verified
Property type Apartment buildings
Year built 2024
UPID US82-6610008

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

613 Jasper St Edinburg, TX 78541
Edinburg metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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