340 Eva Street, Elsa, TX 78543

$950,000
10,225
SqFt

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List Price
$950,000
Status
ACTIVE
MLS#
505984
Living Area
10,225
Lot Size (Acres)
0.7847000000000001
Year Built
2020

Property Description

This multi-unit residential property presents an attractive investment opportunity with a total of 10 units located across 5 buildings, each consisting of 2 units. The property offers a flexible unit mix that includes 5 units with 3 bedrooms and 2 bathrooms and 5 units with 2 bedrooms and 2 bathrooms, accommodating a variety of tenant needs. Several units are currently leased through the Elsa Housing Section 8 program, providing reliable rental income, while additional units are available for lease-up. All units include a stove and refrigerator and the property is professionally managed by a property management company, offering added operational efficiency. With an established layout and income potential, this multi-family property is well-suited for investors seeking stability with room for growth.

Additional Information

Area
Elsa
Subdivision
Hacienda
Taxes
$11,166
Stories
1
Interior Features
Ceiling Fan(s)
Amenities
Street Lights
Exterior Features
None
Heating
Central
Cooling
Central Air
Sewer
City Sewer
School District
Edcouch-Elsa ISD
Elementary School
JFK
Middle School
Truan Junior High
High School
Edcouch-Elsa H.S.

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Annahi Aguilar with Texas Star Realty, Llc