9,425 SqFt
9,425 SqFt
Key Details
Property Type Single Family Home
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 9,425 sqft
Subdivision Downing
MLS Listing ID 487949
HOA Y/N No
Year Built 1978
Annual Tax Amount $12,726
Tax Year 2025
Lot Size 0.390 Acres
Acres 0.3905
Property Sub-Type Apartment
Source Greater McAllen
Property Description
Excellent investment opportunity featuring 8 income-producing units with GARAGES in a highly desirable area.
7 of the 8 units include their own attached 2-CAR GARAGE, a rare and valuable feature that drives tenant demand and retention. Each unit is equipped with individual water and electric meters, making utility management simple and cost-effective for owners.
Current rents range from $800–$1,000 per unit, with strong upside potential for future increases.
This well-positioned multi-unit property offers solid cash flow, high cap-rate potential, and long-term growth. Ideal for investors looking to expand their portfolio, generate passive income, or secure a strong income property in a prime location.
All offers considered.
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Location
State TX
County Hidalgo
Community Sidewalks
Rooms
Other Rooms Office, Outbuilding (Other)
Interior
Interior Features None
Heating Central
Cooling Central Air
Flooring Tile
Appliance Electric Water Heater, Dishwasher, Disposal, Refrigerator, Stove/Range-Electric Smooth
Laundry Laundry Area
Exterior
Exterior Feature Balcony, Other
Garage Spaces 14.0
Fence Partial, Wood
Community Features Sidewalks
View Y/N No
Roof Type Composition Shingle
Total Parking Spaces 14
Garage Yes
Building
Lot Description Corner Lot
Faces From UTRGV, Heading south on Sugar Rd, property is on the right hand side on corner of samano and sugar.
Story 2
Foundation Slab
Sewer City Sewer
Water Public
Structure Type Other,Vinyl Siding,Wood Siding
New Construction No
Schools
Elementary Schools Freddy Gonzalez
Middle Schools South Middle School
High Schools Vela H.S.
Others
Tax ID D760001000000200
Director of Operations, Realtor®, Managing Partner | License ID: 0650201
+1(956) 300-1262 | david@apirealtor.com