Elsa TX Multi Family for Sale
$3,900,000
300 Sylvia Handy Drive Elsa, TX 78543
- Type:
- Apartment
- Sq.Ft.:
- 32,462
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 2.08 Acres
- Year built:
- 2019
- Baths:
- MLS#:
- 447516
- Subdivision:
- Plaza Central
ADDITIONAL INFORMATION
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!
$475,000
19310 N Mile 6 Elsa, TX 78543
- Type:
- Triplex
- Sq.Ft.:
- 2,190
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 1.91 Acres
- Year built:
- 1995
- Baths:
- MLS#:
- 442215
- Subdivision:
- West Tract
ADDITIONAL INFORMATION
This triplex, sitting on nearly two acres in a scenic rural area, presents a prime value-add investment opportunity. Comprising three units that spans approximately 2190 sq ft. Partially occupied with long-term tenants, it offers substantial rental increase, property is a great value add project for additional growth.
$985,947
340 Eva Street Elsa, TX 78543
- Type:
- Other
- Sq.Ft.:
- 10,225
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.78 Acres
- Year built:
- 2020
- Baths:
- MLS#:
- 441095
- Subdivision:
- Hacienda
ADDITIONAL INFORMATION
Just minutes away from the University of Texas Rio Grande Valley (UTRGV) lies a great multiunit opportunity awaiting astute investors. This newly completed development offers a total of ten units, offering accommodations tailored to meet the needs of students, faculty, and professionals alike. Five buildings with 2 units per building, 5 units are three bedrooms and two bathrooms, and 5 units are two bedrooms and two bathrooms. This property is primed for immediate occupancy and rental income generation. With its modern design, and convenient proximity to UTRGV, this development represents an ideal investment opportunity in the growing market of Elsa, Texas. Great location, mere minutes from UTRGV ensures a steady stream of potential tenants seeking housing options. Whether targeting students, faculty, or young professionals, the demand for well-appointed rental units in this growing area is undeniable. All units are ready for occupancy. Don't miss this great Investment opportunity!
- Type:
- Triplex
- Sq.Ft.:
- 2,344
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.23 Acres
- Year built:
- 1994
- Baths:
- MLS#:
- 418713
- Subdivision:
- Salinas Ph 2
ADDITIONAL INFORMATION
100% Leased. $2,265 Rental income per month. 3 Units with 3 separate electricity meters. Sitting in 2 lots with plenty of backyard and parking. All Share one water meter. Great corner, one block away from HEB and Restaurants.
Andrea D. Conner, License 521381, Xome Inc., License 9002330, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067
Based on information from the McAllen Association of REALTORS® (alternatively, from GMAR) as of {{last updated}}. GMAR does not guarantee or is in any way responsible for its accuracy. All data is provided ‘AS IS’ and with all faults. Data maintained by the GMAR MLS may not reflect all real estate activity in the market.
Elsa Real Estate
The median home value in Elsa, TX is $62,700. 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 Elsa, TX is $62,700. Approximately 51.93% of Elsa homes are owned, compared to 33.98% rented, while 14.09% are vacant. Elsa 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 Elsa real estate agent to arrange a tour today!
Elsa, Texas has a population of 7,135. Elsa is less family-centric than the surrounding county with 34.36% of the households containing married families with children. The county average for households married with children is 38.66%.
The median household income in Elsa, Texas is $28,486. 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 Elsa is 28.9 years.
Elsa Weather
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 24.2 inches per year, with 0 inches of snow per year.