7006 56 LnPalmhurst, TX 78573

Property Details for 7006 56 Ln

Year built

2021

Lot size

0.25 AC

Property type

Apartment buildings

Property subtype

Small apartment buildings

Description

This exceptional investment opportunity presents a fully rented four-unit apartment building situated on a 0.25-acre lot in Palmhurst, Texas, though zoned for Sharyland Schools. Built in 2021, this property comprises two buildings, each housing two units, offering immediate cash flow with all units currently leased. The asking price is $545,000, translating to $126.57 per square foot. Each unit boasts desirable features including tile flooring and all appliances. One unit stands out with an added dishwasher, a unique amenity not found in the others. The open floor plans contribute to the overall appeal and livability of the units. This turnkey investment is ideal for both seasoned investors looking to expand their portfolio and newcomers seeking a stable and potentially lucrative entry point into the real estate market. The property's location in Palmhurst, Texas, offers a compelling combination of convenience and growth potential. This is a rare opportunity to acquire a well-maintained, income-generating property with significant upside. The property's address is 7006 N 56th Lane, Mission, TX 78573.

Location Insight

City

Palmhurst

County

Hidalgo

State

Texas

Latitude

26.2725

Longitude

-98.2715

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