For Sale
$540,000

7102 56 LnPalmhurst, TX 78573

High-Yield Fourplex, Modern Units

Overview

Added:
Dec 11, 2024
Days on market:
119
This exceptional fourplex in Mission, Texas, presents a compelling investment opportunity. Built in 2021, the property comprises two buildings situated on a spacious 10,920 square foot lot. The four units offer a mix of modern amenities designed to attract and retain tenants. Two units boast three bedrooms and two bathrooms each, featuring spacious layouts, contemporary finishes, and energy-efficient appliances. Tenant satisfaction is prioritized with in-unit laundry facilities and covered parking. The property's consistent strong occupancy rate demonstrates its appeal and potential for reliable rental income. The asking price is $540,000. This property is ideally suited for both seasoned investors seeking portfolio expansion and first-time investors looking for a stable, cash-flowing asset with significant growth potential. The location in Mission, TX, offers a desirable market for rental properties. This turnkey investment promises a steady stream of income and a strong return on investment. Don't miss this chance to acquire a well-maintained, high-demand multifamily property in a thriving Texas market.

Highlights

  • $540,000 asking price for a fourplex.
  • Multifamily property, consisting of a two-building, four-unit apartment complex.
  • Built in 2021, situated on a 10,920 sq ft lot.
  • Located at 7102 N 56th Lane, Mission, TX 78573.
  • Strong rental history with high occupancy.

Property Details for 7102 56 Ln

Property type
Apartment buildings, Small apartment buildings
Year Built
2021
Buildings
2
Units
4

Location Insight

City
Palmhurst
County
Hidalgo
State
Texas
Latitude
26.2728611
Longitude
-98.2715991
7102 56 Ln, Palmhurst, Texas

FAQs

What type of property is this?
Apartment building - High-Yield Fourplex, Modern Units
Where is the apartment building located?
The property is located at 7102 56 Ln Palmhurst, TX.
What is the asking price?
The asking price for this property is $540,000.
What are key features of this property?
This property features: $540,000 asking price for a fourplex.; Multifamily property, consisting of a two-building, four-unit apartment complex.; Built in 2021, situated on a 10,920 sq ft lot.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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7102 56 Ln
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