121-201 North Montevideo Avenue

Edinburg, TX 78541

$1,000,000
Price
Beds
15,367 Sq. Ft.
$65 / Sq. Ft.
15,367
Sq. Ft.
$65
per Sq. Ft.

Description

Discover the potential of real estate investment with this 20-unit apartment complex strategically located off University Drive in the vibrant city of Edinburg. Offering a loan assumption option, this property simplifies ownership transfer and provides a seamless investment opportunity. These properties offer units that have 1 bedroom and 1 bath and are equipped with essential appliances including a refrigerator, stove, and microwave.Discover the potential of real estate investment with this 20-unit apartment complex strategically located off University Drive in the vibrant city of Edinburg. Offering a loan assumption option, this property simplifies ownership transfer and provides a seamless investment opportunity. These properties offer units that have 1 bedroom and 1 bath and are equipped with essential appliances including a refrigerator, stove, and microwave.
  1. Listed by Edson Carvajal • TREC #801068679 • Hanna Solutions

Property Details for 121-201 North Montevideo Avenue

Community Features
Other
Subdivision Name
West Manor #3
LISTING UPDATED: 11/12/2024 03:27 PM

Property Details for 121-201 North Montevideo Avenue

StatusActive
MLS #447524
Days on Market119
Taxes$15,410 / year
HOA Fees-
Condo/Co-op Fees$1,200 / year
Compass TypeMulti Family
MLS TypeResidential Income / Apartment
Year Built1978
CountyHidalgo County

Building Information for 121-201 North Montevideo Avenue

Building/Complex121-201 N Montevideo AveFloor-Stories3Residences20Pet Policy-Year Built1978Building Size-

Property Information for 121-201 North Montevideo Avenue

Summary
Location and General Information
  • Directions: from university drive turn north on Montevideo. Property will be on your left (west side) of Montevideo.
  • Road Surface Type: Paved
Parking
  • Carport Spaces: 0.0
  • Carport YN: No
  • Covered Spaces: 0.0
  • Garage Spaces: 0.0
  • Garage: No
  • Parking Features: No Carport, No Garage
  • Parking Total: 0.0
School Information
  • Elementary School: Austin
  • Elementary School District: Edinburg ISD
  • High School: Economedes H.S.
  • High School District: Edinburg ISD
  • Middle Or Junior School: Memorial
  • Middle Or Junior School District: Edinburg ISD
Taxes and HOA
  • Association: No
  • Parcel Number: W360003000002100
  • Tax Annual Amount: $15,410
  • Tax Legal Description: WEST MANOR UT NO. 3 LOT 21
  • Tax Year: 2023
Property
Lot Information
  • Building Area Source: HidalgoCAD
  • Building Area Total: 15367.0
  • Building Area Units: Square Feet
  • Living Area: 15367.0
  • Living Area Source: HidalgoCAD
  • Living Area Units: Square Feet
  • Lot Features: Irregular Lot
  • Lot Size Acres: 0.594
  • Lot Size Area: 25874.64
  • Lot Size Square Feet: 25874.64
  • Lot Size Units: Square Feet
Property and Assessments
  • Year Built: 1978
  • Year Built Source: HCAD
  • Escrow: $11,000.00
Utilities
  • Irrigation Water Rights: No
  • Number Of Separate Water Meters: 20
  • Sewer: City Sewer
  • Water Source: Public
Green Features
  • Green Energy Efficient: Other
Mobile Home
Mobile Home Information
  • Home Warranty: No
Interior and Exterior Features
Exterior Features
  • Exterior Features: Mature Trees
  • Fencing: None
  • Pool: No
  • Number Of Buildings: 2
  • Construction Materials: Brick, Siding
  • Other Structures: Outbuilding (None)
  • Roof: Composition Shingle
Interior Features
  • Appliances: Electric Water Heater, Refrigerator, Stove/Range
  • Cooling: Zoned, Electric
  • Cooling YN: Yes
  • Flooring: Tile
  • Heating: Zoned, Electric
  • Heating: Yes
  • Interior Features: Other
  • Laundry Features: Laundry Area
  • Foundation Details: Slab
Multi Family
Income & Expenses
  • Gross Income: $128,700.00
  • Insurance Expense: $7,200.00
  • Maintenance Expense: $1,200.00
Multi-Family Information
  • Number Of Units In Community: 2
  • Number Of Units Total: 20
  • Other Expense: $8,835.00

Property History for 121-201 North Montevideo Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 121-201 North Montevideo Avenue

This home is within Edinburg Consolidated Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 11 to 12
Rating
School
Distance
De La Vina Elementary School
PublicPK to 5

B L Garza Middle School
Public6 to 8

Edinburg North High School
Public9 to 12

Vision Academy Of Excellence
Public11 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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121-201 North Montevideo Avenue is a multi-family home for sale in Edinburg, TX 78541. This property was listed for sale on August 20, 2024 by Hanna Solutions, it's currently listed at $1,000,000. This listing's school district is Edinburg Consolidated Independent School District. Nearby schools include De La Vina Elementary School, B L Garza Middle School and Edinburg North High School. 121-201 North Montevideo Avenue is a 0-bed, 0-bath, 15,367 sqft multi-family home built in 1978.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Hanna Solutions

Based on information from one of the following Multiple Listing Services: GMAR MLS, South Texas MLS and Amarillo Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by GMAR MLS, South Texas MLS and Amarillo Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.