105 E Esperanza AVE Pending

Hidalgo,TX 78557

$ 600000

- Bed

- Bath

4800 SqFt


Key Details

Property Type Single Family Home

Sub Type Apartment

Listing Status Pending

Purchase Type For Sale

Square Footage 4,800 sqft

Price per Sqft $125

Subdivision Hidalgo Original Townsite

MLS Listing ID 445873

HOA Y/N No

Originating Board Greater McAllen

Year Built 1982

Annual Tax Amount $7,756

Tax Year 2023

Lot Size 0.258 Acres

Acres 0.2583

Property Description

Nestled in the heart of Hidalgo, this property enjoys close proximity to essential amenities including retail shops, schools, and the police station, ensuring high tenant demand and convenience.

The roof was replaced in 2023, providing peace of mind and reduced maintenance costs. Several units have been tastefully remodeled, offering modern comforts and attracting quality tenants.

The parking lot was repaved in 2020, enhancing the property’s appeal.

With a competitive 8.37% cap rate, this investment offers a lucrative opportunity in a city poised for growth. The combination of location, recent upgrades, and strong return potential makes this property a standout choice for savvy investors.

Don’t miss out on this opportunity to invest in a flourishing market with a well-maintained asset.

Location

State TX

County Hidalgo

Rooms

Other Rooms Outbuilding (None)

Interior

Interior Features Ceiling Fan(s)

Heating None

Cooling Window Unit(s)

Flooring Tile

Appliance Electric Water Heater,Electric Cooktop,Refrigerator

Laundry Laundry Area

Exterior

Exterior Feature Other

Fence Chain Link

Community Features None

Waterfront No

View Y/N No

Roof Type Shingle

Parking Type No Carport,No Garage

Garage No

Building

Lot Description Mature Trees

Faces Head south on international Blvd. Turn left (west) on W Esperanza Ave. In-between First and second St. on the north Side.

Story 2

Foundation Slab

Sewer City Sewer

Water Public

Structure Type Block

New Construction No

Schools

Elementary Schools Hidalgo

Middle Schools Diaz

High Schools Hidalgo H.S.

Others

Tax ID H250000039000700

View More
Favorite Go Tour