105 E Esperanza AVE Hidalgo, TX 78557
4,800 SqFt
UPDATED:
09/25/2024 05:10 AM
Key Details
Property Type Single Family Home
Sub Type Apartment
Listing Status Pending
Purchase Type For Sale
Square Footage 4,800 sqft
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
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