19310 Mile 6Elsa, TX 78543

For Sale
$475,000

Three-unit triplex on large lot, great rental potential.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional investment opportunity presents a three-unit triplex situated on a spacious 37,026 square foot lot in Elsa, Texas. Built in 1995, the property boasts a total of approximately 2190 square feet of living space, distributed across three individual units. The property is located at 19310 N Mile 6 W, 78543, in Hidalgo County, offering a tranquil rural setting. Currently, the triplex is partially occupied by long-term tenants, providing a stable income stream and immediate cash flow. The property's substantial lot size offers significant potential for future expansion or development. The existing units present a value-add opportunity, allowing for rental increases and further property improvements to enhance profitability. This is an ideal investment for those seeking a strong return on investment in a desirable location with significant upside potential. The asking price for this multifamily property is $475,000. This represents a compelling opportunity to acquire a well-located, income-generating asset with considerable room for growth. The property's rural setting provides a peaceful environment while still maintaining convenient access to local amenities and transportation routes.

Highlights

  • Asking price: $475,000
  • Three-unit triplex in Elsa, Texas
  • Situated on a nearly two-acre lot (37,026 sq ft)
  • Built in 1995
  • Approximately 2190 sq ft total
  • Value-add opportunity with potential for rental increases.

Property Details for 19310 Mile 6

Property type
Multifamily properties, Apartment buildings
Year Built
1995
Buildings
1
Units
3

Location Insight

City
Elsa
County
Hidalgo
State
Texas
Latitude
26.2930696
Longitude
-97.9824471
19310 Mile 6, Elsa, Texas

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
19310 Mile 6
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message