1006 Clarence AveEdinburg, TX 78541

For Sale
$539,999

Four-unit apartment building, excellent location.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional four-unit apartment building, constructed in 2024, presents a lucrative investment opportunity in the thriving city of Edinburg, Texas. Located at 1006 N Clarence Avenue, this property boasts a prime location near the newly expanded 10th Street and University Drive, placing it within easy reach of professionals and students attending UTPA and the Texas A&M Satellite Campus, as well as those employed at the Hidalgo County Courthouse. The property sits on a substantial 10,018.8 square foot lot and comprises four individual buildings, each housing one apartment unit. The units offer a mix of two and three-bedroom apartments, catering to a diverse range of tenant needs. Each unit is equipped with modern conveniences including a washer, dryer, stove, microwave, and refrigerator, ensuring easy move-in for tenants. The asking price for this turnkey investment is $539,999. This property represents a strong addition to any investment portfolio, offering excellent potential for rental income and long-term appreciation in a rapidly growing area. The property's proximity to major employment centers and educational institutions guarantees a consistent stream of potential tenants. This is a rare opportunity to acquire a newly built, well-located multifamily property in a high-demand market.

Highlights

  • Newly constructed (2024) four-unit apartment building in Edinburg, TX.
  • Prime location near UTPA, Texas A&M Satellite Campus, and Hidalgo County Courthouse.
  • Situated on a 10,018.8 sq ft lot with four individual buildings, each housing one unit.
  • Mix of two and three-bedroom units, each with washer, dryer, stove, microwave, and refrigerator.
  • Turnkey investment opportunity priced at $539,999.

Property Details for 1006 Clarence Ave

Property type
Multifamily properties, Apartment buildings
Year Built
2024
Buildings
4
Units
4

Location Insight

City
Edinburg
County
Hidalgo
State
Texas
Latitude
26.3174037
Longitude
-98.2110267
1006 Clarence Ave, Edinburg, 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].
1006 Clarence Ave
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