712 Agate St Edinburg, TX 78541

Property Details for 712 Agate St

Year built

2007

Property type

Small apartment buildings

Description

This exceptional investment opportunity presents a well-maintained, four-unit apartment building ideally situated in Edinburg, Texas, at 712 Agate Street, 78541. Built in 2007, this property boasts two buildings situated on a spacious 13,277 square foot lot. Each of the four units offers three bedrooms, two bathrooms, and a two-car carport, providing ample living space for tenants. High-quality finishes include granite countertops in the kitchens, tile flooring throughout, and cultured marble bathroom sinks. Bathrooms feature a fiberglass shower/tub combo in one bathroom and a separate fiberglass shower in the master bathroom, with a private door separating the shower/toilet from the sink area in one bathroom. Beyond the carports, six additional uncovered parking spaces are available, along with ample street parking. The property also includes two large children's play areas, enhancing its appeal to families. Each unit is equipped with a washer, dryer, refrigerator, and stove. Enhanced security is provided by two security lights, supplemented by a streetlight illuminating the rear of the buildings. Currently, the units generate strong rental income, with three units renting for $1,100, $1,000, and $950 respectively. The seller is offering a $15,000 concession towards closing costs. This property's prime location offers convenient access to the University of Texas Rio Grande Valley (UTRGV), making it highly attractive to students and faculty. The combination of strong rental income, desirable amenities, and excellent location makes this a compelling investment opportunity.

Location Insight

City

Edinburg

County

Hidalgo

State

Texas

Longitude

-98.1863439

Latitude

26.3117899