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.
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!
If you're seeking an affordable residential lot in Elsa Texas, look no further! This vacant land won't stay on the market for long. It's a fantastic location for your first home.
Seeking for acreage in the county area? This 4.65 acres off of Mile 17 N between FM493 and Mile 6 W. just hit the market. This property is perfect for anyone wanting to build their dream home on acreage and enjoy peaceful living out in the country. Land Measures 171 X 1,271 with a total of 202,554.00 total sqft. The property is located within county limits with no restrictions.
Great location for Subdevelopment or your very own Ranch, located on Mile 15 1/2 and North Mile 4 W.
If you are looking for a quiet place to build your house, don't miss this great opportunity.
Looking to invest in land? Check out this spacious 30+ acres tract for sale in Elsa, TX! Perfect for building a single-family community, this property boasts an excellent location close to shopping and restaurants in this rapidly growing city. Edcouch-Elsa is on the rise, with many restaurant and retail franchises flocking to the area. Early investors stand to gain from the city's development boom. Don't miss out on this opportunity to be part of the growth! This property includes 2 tracts of land of 20+ acres and 9+ acres for a total of 30+/- acres.
Nearly 10.00 acres of prime land, strategically located at the southeast corner of FM 88 and Mile 16. Traffic controlled intersection location across from Walmart Supercenter and Idea Academy. Campana at 88 subdivision is located on the south side of the property. Ideal for commercial development and an excellent location for national or regional credit tenant investment. Capitalize on the booming economic growth in the area that is attracting major investment. Excellent frontage along FM 88 that allows for ideal orientation/exposure for new development/construction.
Seller financing available with 20% down, 10% interest, up to 20 years, pmts. of $1,399.28 per month excluding taxes and insurance. 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.
Approximately 5.003 acres in Elsa with frontage on Hwy 107. Potential development site. Well-suited for various commercial uses, ideal for a shopping center, offices, fast food, gas station, mixed-use, and more. Owner has been approved to annex the site in to the City of Elsa. This area is experiencing rapid growth in the residential and commercial sectors making this an ideal location and opportunity for many types of development.
Great investment opportunity in the heart of Elsa, Texas. All 3 units are currently leased out. 1st Unit is currently used as a nutrition shop, 2nd unit is being used as a Church and 3rd Unit is being used as a boutique/flower shop. Unit 308 is large-scale in proportion to unit 322 which has been divided into 2 units. It includes a spacious main area, 2-3 rooms, a restroom, substantial size center area, a garage that can also be used for additional storage. Parking spaces in the front, side and back of the building. Metal roof was installed about 3 years ago. High traffic area!
Vacant commercial lot, Potential site for Daycare, Medical Office, Business Office, or center. This property is located on the corner of Manzanilia CT and Mile 4W with highway visibility.
Row crop leveled & Irrigated farmland paved road frontage (Mile 13.5 N). Presently leased (Yearly) to local farmer.
Row crop farmland that is leveled & Irrigated. Currently leased to local farmer (yearly)
Development tract located next to the New Idea School and Walmart. Paved frontage on Mile 16, Level & Irrigated farmland.
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.