This Fourplex, nestled near Donna's Main Street, offers an ideal investment prospect. Boasting 2 bedrooms and 2 bathrooms in each unit, it ensures comfortable living spaces the tenants will love. With the property FULLY OCCUPIED, you can enjoy immediate cash flow and returns on your investment! Individual water and electric meters for each unit, allowing tenants to manage thier own utilities. This setup maximizes profitability and minimizes landlord expenses. BRAND NEW ROOF installed in September 2024. Whether you're a seasoned investor or a newcomer, this property promises a steady income stream. Don't miss out on the chance to own a piece of this lucrative real estate landscape. Schedule your viewing today and secure your financial future!
Discover a unique investment opportunity in Donna, TX, with this approximately 1-acre property featuring five individual homes, each offering a little over 1,000 square feet of living space. Each residence includes 3 bedrooms, 1 bathrooms. Showcasing strong structural integrity. While these homes require some updates and renovations to reach their full potential, their solid bones and prime location offer endless possibilities for savvy investors. Whether you’re looking to renovate for rental income or pursue a profitable flip, this property presents a fantastic canvas for your vision. Don’t miss out on this rare chance to transform this promising investment into a high-income-producing asset in a growing area.
Great investment opportunity available in Donna, TX! Check out this great income producing asset! This Duplex is fully occupied and bringing in $1,900 of rent every month. Each tenant is responsible for their own Electricity and Water bill as the units are separately metered. Each apartment has 3 bedrooms and 2 baths, the kitchens come equipped with refrigerator and stove/oven combo, each unit has laundry connections and a brand new large water heater to accommodate your tenants. The apartments have a covered back porch where the tenants can enjoy the warm days without the mosquitoes or the sun beating down on them! Great property to invest in South Texas!
Awesome Opportunity to Invest. Welcome to the City of Donna Original Apartment Complex. 4 Buildings that displays: [6]-UNITS-2 Bedrooms -2 Bathrooms -1070.SF. [2]-UNITS-3 Bedroom -1 Bathroom with 1101 SF. [4]-UNITS-3 Bedroom -2 Bathrooms with 1580 SF. Features 12 Units total~ Property offers corner lot .51 Acre Front 150 X 150 =22500 sq. ft. Fully Leased with a gross income $99,600. - [Rent was updated in 2023] Bldg. C= Units #1-2-3-4-=Water Meter & Electric Meter for each Unit.-Were built in 2003. Bldg. D= Units #5-6-7-8-=Water Meter & Electricity Meter for each Unit.-Were built in 2003. Bldg. A-Unit#11-#12 - Have their own Electricity Meter The water is paid by the Property Manager. Bldg. B-Unit#9-#10=Have their own Electricity Meter The Water is paid by the Property Manager.
The median home value in Donna, TX is $65,800. This is lower than the county median home value of $97,500. The national median home value is $219,700. The average price of homes sold in Donna, TX is $65,800. Approximately 50.33% of Donna homes are owned, compared to 34.16% rented, while 15.51% are vacant. Donna real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Donna real estate agent to arrange a tour today!
Donna, Texas has a population of 16,507. Donna is less family-centric than the surrounding county with 30.84% of the households containing married families with children. The county average for households married with children is 38.66%.
The median household income in Donna, Texas is $30,066. The median household income for the surrounding county is $37,097 compared to the national median of $57,652. The median age of people living in Donna is 30.3 years.
The average high temperature in July is 95.6 degrees, with an average low temperature in January of 49 degrees. The average rainfall is approximately 24 inches per year, with 0 inches of snow per year.