300 Sylvia Handy DR Active

Elsa,TX 78543

$ 3900000

- Bed

- Bath

32462 SqFt


Key Details

Property Type Single Family Home

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 32,462 sqft

Price per Sqft $120

Subdivision Plaza Central

MLS Listing ID 447516

HOA Y/N No

Originating Board Greater McAllen

Year Built 2019

Annual Tax Amount $99,981

Tax Year 2024

Lot Size 2.083 Acres

Acres 2.0834

Property Description

Discover a valuable investment opportunity in the growing city of Elsa, TX. This 36-unit apartment complex, conveniently located just off Highway 107, offers both convenience for tenants and a promising return for investors. Each unit includes 2 bedrooms, 2 bathrooms, and an in-unit laundry room, fully equipped with essential appliances like a refrigerator, stove, microwave, washer, and dryer.The complex's strategic location provides easy access to key amenities such as H-E-B, the post office, popular restaurants, and more, ensuring consistent demand and minimal vacancies. Each apartment has its own electric and water meter.
With the added benefit of loan assumption, transitioning ownership becomes a straightforward process. Whether you're expanding your portfolio or making an entry into real estate, this 36-unit apartment complex in Elsa offers a compelling opportunity in a growing community. Take advantage of this unique asset and secure your investment today!

Location

State TX

County Hidalgo

Community Other

Rooms

Other Rooms Outbuilding (None)

Interior

Interior Features Dryer,Wet/Dry Bar

Heating Central,Electric

Cooling Central Air,Electric

Flooring Tile

Appliance Electric Water Heater,Dryer,Microwave,Refrigerator,Stove/Range,Stove/Range-Electric Smooth,Washer

Laundry Laundry Closet,Washer/Dryer Connection

Exterior

Exterior Feature Other,Sprinkler System

Carport Spaces 36

Fence Other,Partial,Privacy,Wood

Community Features Other

Waterfront No

View Y/N No

Roof Type Flat

Parking Type Garage Faces Front,No Garage

Total Parking Spaces 36

Garage No

Building

Lot Description Cul-De-Sac,Sidewalks,Sprinkler System

Faces Heading east on 107, pass HEB, then look for Justice of the peace, turn right and apartments are at the end of the street on the left.

Story 2

Foundation Slab

Sewer City Sewer

Water Public

Structure Type Stone,Stucco

New Construction No

Schools

Elementary Schools Lbj

Middle Schools Truan Junior High

High Schools Edcouch-Elsa H.S.

Others

Tax ID L172100000002000

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