This multi-unit residential property presents an attractive investment opportunity with a total of 10 units located across 5 buildings, each consisting of 2 units. The property offers a flexible unit mix that includes 5 units with 3 bedrooms and 2 bathrooms and 5 units with 2 bedrooms and 2 bathrooms, accommodating a variety of tenant needs. Several units are currently leased through the Elsa Housing Section 8 program, providing reliable rental income, while additional units are available for lease-up. All units include a stove and refrigerator and the property is professionally managed by a property management company, offering added operational efficiency. With an established layout and income potential, this multi-family property is well-suited for investors seeking stability with room for growth.
Excellent new construction investment opportunity in the New Zion subdivision, conveniently located next to Walmart. This modern four-plex offers a desirable mix of two- and three-bedroom floor plans, all with kitchen appliances included. Three of four units are currently rented, providing immediate income. Prime location near shopping, dining, and IDEA School, making it highly attractive to tenants. Schedule your private tour today.
Triplex investment property situated on nearly two acres. Features three income-producing units and ample surrounding land with potential for future development or value add. Ideal opportunity for investors or owner-occupants seeking rental income and long-term growth.
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 is located in Texas. Elsa, Texas has a population of 5,783. Elsa is more family-centric than the surrounding county with 40.73% of the households containing married families with children. The county average for households married with children is 37.3%.
The median household income in Elsa, Texas is $47,196. The median household income for the surrounding county is $44,666 compared to the national median of $69,021. The median age of people living in Elsa is 30.8 years.
The average high temperature in July is 95.9 degrees, with an average low temperature in January of 48.7 degrees. The average rainfall is approximately 24.6 inches per year, with 0.1 inches of snow per year.
