For Sale
$545,000

1505 Shavano Dr Edinburg, TX 78541

Four-unit apartment building, excellent ROI.

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
139
This exceptional investment opportunity presents a brand-new, four-unit apartment building situated in the desirable Sugar Mill Estates subdivision of Edinburg, Texas. Completed in 2024, this property boasts two buildings situated on a spacious 11,039.85 square foot lot. The property is ideally located just minutes away from major retail centers, diverse restaurants, the Hidalgo County Courthouse, and The University of Texas Rio Grande Valley, ensuring high occupancy rates and strong rental demand. Its convenient proximity to McAllen International Airport (approximately 25 minutes away) further enhances its appeal. All four units come fully equipped with appliances, representing a turnkey investment ready to generate immediate income. Priced aggressively at $545,000, this property offers a compelling return on investment and a reliable income stream. Don't miss this chance to acquire a high-performing asset in a thriving Texas market. The property's new construction ensures minimal maintenance needs and long-term value appreciation. This is a rare opportunity to secure a stable and profitable investment in a rapidly growing area. The property's location near major amenities and transportation hubs makes it highly attractive to renters.

Highlights

  • Brand-new, four-unit apartment building in Edinburg, TX's desirable Sugar Mill Estates subdivision, completed in 2024.
  • Situated on an 11,039.85 sq ft lot with two buildings.
  • Prime location near major retail, restaurants, Hidalgo County Courthouse, and UT Rio Grande Valley, ensuring high occupancy.
  • Minutes from McAllen International Airport.
  • Turnkey investment with fully-applianced units, priced at $545,000.

Property Details for 1505 Shavano Dr

Property type
Apartment buildings, Small apartment buildings
Year Built
2024
Buildings
2
Units
4

Location Insight

City
Edinburg
County
Hidalgo
State
Texas
Latitude
26.3201528
Longitude
-98.1701689

FAQs

What type of property is this?
Apartment building - Four-unit apartment building, excellent ROI.
Where is the apartment building located?
The property is located at 1505 Shavano Dr Edinburg, TX.
What is the asking price?
The asking price for this property is $545,000.
What are key features of this property?
This property features: Brand-new, four-unit apartment building in Edinburg, TX's desirable Sugar Mill Estates subdivision, completed in 2024.; Situated on an 11,039.85 sq ft lot with two buildings.; Prime location near major retail, restaurants, Hidalgo County Courthouse, and UT Rio Grande Valley, ensuring high occupancy.
How can I contact the broker?
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1505 Shavano Dr
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