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2109 Taxco Ct

4 Unit Apartment Building $450,000 ($112,500/Unit) Edinburg, TX 78542

Investment Highlights

  • Gated Multi-Family Subdivision, near Shopping, dining, entertainment, parks, and more.
  • Fully Occupied
  • Recently Built

Executive Summary

Discover this prime investment opportunity: a recently built (2018) four-plex in a desirable gated community. The property features two 1-bedroom apartments and two 2-bedroom apartments, each equipped with modern kitchen appliances, plus a washer and dryer. Tenants are responsible for their own utilities, ensuring minimal landlord expenses. Situated in a prime location near shopping, dining, entertainment, parks, and more, this property offers unbeatable convenience for residents. Whether you're looking to expand your portfolio or start investing, this well-maintained property is a must-see. Don't miss out on this rare gem! **Note: 2106 Taxco Ct, another four-plex in this same subdivision, is also available for sale.

Financial Summary (Actual - 2023)

Annual Annual Per SF
Gross Rental Income $43,200 $43,200.00
Other Income - -
Vacancy Loss - -
Effective Gross Income $43,200 $43,200.00
Taxes $11,098 $11,098.00
Operating Expenses - -
Total Expenses $11,098 $11,098.00
Net Operating Income - -

Financial Summary (Actual - 2023)

Gross Rental Income
Annual $43,200
Annual Per SF $43,200.00
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $43,200
Annual Per SF $43,200.00
Taxes
Annual $11,098
Annual Per SF $11,098.00
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $11,098
Annual Per SF $11,098.00
Net Operating Income
Annual -
Annual Per SF -

Property Facts

Price $450,000
Price Per Unit $112,500
Sale Type Investment
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Lot Size 0.20 AC
Building Size 3,472 SF
Average Occupancy 100%
No. Stories 1
Year Built 2018

Unit Amenities

  • Air Conditioning
  • Microwave
  • Washer/Dryer
  • Ceiling Fans
  • Tile Floors
  • Granite Countertops
  • High Speed Internet Access
  • Refrigerator
  • Dining Room
  • Double Pane Windows
  • Island Kitchen

Site Amenities

  • Controlled Access
  • Fenced Lot
  • Gated

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 2 $850.00 697
2+2 2 $950.00 733
  • Listing ID: 34189229

  • Date on Market: 12/13/2024

  • Last Updated:

  • Address: 2109 Taxco Ct, Edinburg, TX 78542

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