412 & 408 GASTEL CIRCLE, EDINBURG, TX 78539
Homes for sale in Edinburg.
Homes for sale in 78539.
List Price$1,200,000
412 & 408 Gastel Circle
Edinburg, TX 78539
Listing #510242
3,879
Square Feet
Commercial
Type
About This Property
Two adjacent fourplexes being sold together at 408 & 412 Gastel Circle, Edinburg, TX, offering a rare chance to acquire an 8-unit income-producing property in a high-demand rental area. Currently operating at an approximately 8.4% cap rate, this investment provides strong cash flow and long-term upside. 412 Gastel Circle is fully occupied, while 408 Gastel Circle has one vacant unit, making it easy to schedule showings without disrupting tenants. The property's convenient location offers easy access to UTRGV, shopping, dining, and major roadways, making it highly attractive to tenants and supporting consistent rental demand. Whether you're looking to expand your portfolio or secure a turnkey income-producing investment, these properties offer the ideal combination of quality, location, and income potential. Possible owner financing available with a strong down payment. Contact the listing agent for additional details on terms.
Property Features
Location Information
County
Hidalgo
Directions
FROM UNIVERSITY DRIVE AND JACKSON RD. HEAD EAST, TURN RIGHT ON GASTEL CIRCLE
Subdivision
University Terrace
Interior Features
Heating
Central
Floors
Tile
Cooling
Central Air
Appliances
Electric Water Heater
Exterior Features
Construction
Other
Lot Description
See Remarks
Roof
Other
Lot Size in Acres
0.255
Possession
Closing and Funding
Lot Size in Sq. Ft.
11,124
Parking Description
Covered
Present Use
None
Garage Spaces
0
Energy Features
Other
Parking Spaces
8
Road Frontage
City Street
Patio / Deck Description
Patio Slab
Additional Information
Property Type
COM
Units in Complex
4
Property SubType
Commercial
Taxes
4717
Year Built
2023
Tax Year
2025
APN
U200000000002600 & U20000
Square Feet Source
Appraiser
Status
Active
Similar Listings
Mortgage Calculator
$5,604
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$4,324
Monthly Tax
$1,000
Monthly Insurance
$280
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
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