4014-4020 Sprague StEdinburg, TX 78539

For Sale
$3,000,000

2.25-acre multi-property portfolio.

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional investment opportunity encompasses a 2.25-acre commercial property in Edinburg, Texas, located between 10th and Mon Mack. The portfolio consists of four properties: a vacant lot (4020 W Sprague), a residence with a pool and pool house (4018 W Sprague), a building housing a gym and four leased apartments (4016 W Sprague), and a thriving daycare center (4014 W Sprague). All properties are currently leased, generating consistent rental income. The residence offers comfortable living accommodations, while the other properties provide diversified income streams. Built in 1992, this prime location in Hidalgo County, zip code 78539, ensures long-term appreciation and high demand, making it an ideal investment for portfolio diversification and risk management. The asking price for this entire 2.25-acre assemblage is $3,000,000. This presents a unique chance to acquire a well-established, income-producing property with significant upside potential. The property's strategic location and diverse tenant base contribute to its strong financial performance and future growth prospects. This is a rare opportunity to acquire a substantial commercial property in a rapidly growing Texas market.

Highlights

  • Exceptional 2.25-acre commercial assemblage in Edinburg, TX, between 10th and Mon Mack.
  • Four-property portfolio includes vacant lot, single-family residence with pool, gym/apartment building (four leased units), and daycare center.
  • All properties currently leased, generating consistent income.
  • Prime Hidalgo County location (78539), built in 1992, offers strong appreciation potential.
  • $3,000,000 asking price for the entire assemblage.

Property Details for 4014-4020 Sprague St

Property type
Other land, Land
Year Built
1992
Lot Size (sq. ft)
98,010 SF

Location Insight

City
Edinburg
County
Hidalgo
State
Texas
Latitude
26.3000917
Longitude
-98.208034
4014-4020 Sprague St, Edinburg, Texas

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4014-4020 Sprague St
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