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
Tax Year
2023
Stories
1
Interior Features
Ceiling Fan(s)
Amenities
Street Lights
Living Area
10,225
Exterior Features
None
Community Features
Street Lights
Lot Size
34,181
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.

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Calculator source: Real Geeks

Listing courtesy of Annahi Aguilar with Texas Star Realty, Llc