703 E LOVETT STREET, EDINBURG, TX 78541
Homes for sale in Edinburg.
Homes for sale in 78541.
703 E Lovett Street
Edinburg, TX 78541
List Price$219,000
Listing #481981
2,375
Square Feet
3
Number of Units
Multi-Unit Residential
Type
About This Property
Investment Opportunity! This triplex offers great potential for improvement and increased value, ideally located near UTRGV and the Edinburg Courthouse. The property is located in two lots with a total area of 0.32 acre and consists of two front units (2 bed / 1 bath each) currently leased at $800 and $550, plus a back unit (1 bed / 1 bath) leased at $550. With some updates, this property has strong upside, perfect for adding to an investment portfolio or for an owner-occupant looking to live in one unit and rent out the others. Owner Financing Available: Down Payment: 35%, Terms: 30-year amortization at 10% interest, Balloon: 5 years
Property Features
Location Information
County
Hidalgo
Directions
Head east on Schunior St, then turn left onto N Veterans Rd. Next, take a left onto E Lovett St. and the house will be on the right.
Subdivision
Edinburg Original Townsite
Interior Features
Interior
None
Appliances
Water Heater (Other), Other
Cooling
Window Unit(s)
Total Number of Units
3
Floors
Other
Features
None
Laundry
None
Exterior Features
Construction
Aluminum Siding, Block
Fencing
Barbed Wire
Foundation
Pillar/Post/Pier, Slab
Patio / Deck Description
Patio
Roof
Composition Shingle
Lot Description
Corner Lot
Possession
Closing and Funding
Lot Size in Acres
0.326
Septic or Sewer
City Sewer
Lot Size in Sq. Ft.
14,200
Water
Public
Buildings
Outbuilding (None)
Parking Description
No Garage, Garage Faces Side
Energy Features
None
Garage Spaces
0
Road Description
Paved
Parking Spaces
2
School
Elementary School District
Edinburg ISD
Middle School
Barrientes
Elementary School
Lincoln
High School
Edinburg H.S.
Additional Information
Property Type
RI
Units in Complex
3
Property SubType
Triplex
Taxes
5815
Year Built
1961
Tax Year
2024
APN
E330000115001100
Square Feet Source
HidalgoCAD
Status
Active
Similar Listings
Mortgage Calculator
$1,022
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$789
Monthly Tax
$182
Monthly Insurance
$51
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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