2210 ELISA LANE, EDINBURG, TX 78541
Homes for sale in Edinburg.
Homes for sale in 78541.
2210 Elisa Lane
Edinburg, TX 78541
List Price$1,400,000
Listing #492308
18,000
Square Feet
20
Number of Units
House
Type
About This Property
This prime investment opportunity in Edinburg, Texas features a 20-unit Class C apartment complex with affordable 2-bedroom, 2-bath apartments. Ideally located minutes from the University of Texas Rio Grande Valley (UTRGV) and surrounded by major retailers like Walmart, Lowe's, Chick-fil-A, and Khan's Grill, this complex offers a mix of upstairs and downstairs units, appealing to families and young professionals. The property has significant value-add potential, with opportunities for renovations to enhance rental income and overall asset value. Dedicated parking increases tenant appeal, and current Section 8 acceptance broadens the tenant pool, ensuring consistent rental demand. Investors will appreciate the strong local rental market, guaranteeing a steady influx of applicants. This is a unique chance to acquire a well-located asset with substantial upside potential. Call today to schedule a viewing and explore how this value-add investment can enhance your portfolio.
Property Features
Location Information
County
Hidalgo
Directions
From 107 go North on Jackson Ave. Turn left on Elisa Ln. Apartment is on the third building on the left.
Subdivision
Las Violetas
Interior Features
Interior
Ceiling Fan(s)
Laundry
Laundry Closet
Heating
Central
Appliances
Electric Water Heater, Refrigerator, Stove/Range
Cooling
Central Air
Total Number of Units
20
Floors
Tile
Features
Sidewalks, Street Lights
Exterior Features
Construction
Brick
Fencing
None
Foundation
Slab
Lot Description
Curb & Gutters, Mature Trees
Roof
Shingle
Lot Size in Acres
0.732
Possession
Closing and Funding
Lot Size in Sq. Ft.
31,891
Septic or Sewer
City Sewer
Buildings
Outbuilding (None)
Parking Description
Garage Faces Rear
Energy Features
None
Garage Spaces
0
Road Description
Paved
Parking Spaces
40
School
Elementary School District
Edinburg ISD
Middle School
Garza
Elementary School
De La Vina
High School
Edinburg North H.S.
Additional Information
Property Type
SFR
Units in Complex
1
Property SubType
Apartment
Taxes
31072
Year Built
1995
Tax Year
2025
APN
550323
Square Feet Source
HidalgoCAD
Status
Active
Similar Listings
Mortgage Calculator
$6,536
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$5,044
Monthly Tax
$1,166
Monthly Insurance
$326
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
Real Estate IDX Powered by iHomefinder