613 GASTEL CIRCLE, EDINBURG, TX 78539
Homes for sale in Edinburg.
Homes for sale in 78539.
List Price$1,747,500
613 Gastel Circle
Edinburg, TX 78539
Listing #509473
13,356
Square Feet
25
Number of Units
Multi-Unit Residential
Type
About This Property
Owner Finance Available!! Prime income-producing opportunity in a high-demand rental market! Gastel Circle Apartments features a strong, stabilized 25-unit layout consisting of eighteen spacious 1BR/1BA units and seven 2BR/1BA units. Meticulously maintained with an excellent tenant history, this portfolio boasts a high current gross monthly income with immediate upside potential, hitting an even higher cap rate upon upcoming renewals. Priced competitively, this asset offers an exceptional entry cap rate for savvy investors looking to add immediate cash flow and long-term equity to their portfolio. Located in a convenient, established neighborhood with robust rental demand, don't miss out on this turnkey multifamily gem!
Property Features
Location Information
County
Hidalgo
Directions
University Drive and Gastel Circle. Please use your Maps
Subdivision
University Terrace
Interior Features
Heating
Central
Appliances
Electric Water Heater, Electric Cooktop
Cooling
Central Air
Total Number of Units
25
Floors
Tile
Features
Sidewalks, Street Lights
Laundry
Laundry Area
Exterior Features
Construction
Brick
Parking Spaces
25
Foundation
Slab
Fencing
None
Roof
Composition Shingle
Patio / Deck Description
Patio Slab
Possession
Closing and Funding
Lot Description
Sidewalks
Septic or Sewer
City Sewer
Lot Size in Acres
1.284
Water
Public
Lot Size in Sq. Ft.
55,951
Utilities
Cable Available
Buildings
Outbuilding (Other)
Parking Description
Garage Faces Rear
Energy Features
None
Garage Spaces
0
Road Description
Paved
School
Elementary School District
Edinburg ISD
Middle School
South Middle School
Elementary School
De La Vina
High School
Vela H.S.
Additional Information
Property Type
RI
Units in Complex
25
Property SubType
Multi Family
Taxes
27467
Year Built
1991
Tax Year
2025
APN
U200000000003800
Square Feet Source
HidalgoCAD
Status
Active
Similar Listings
Mortgage Calculator
$8,160
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$6,297
Monthly Tax
$1,456
Monthly Insurance
$407
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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