3036 Regal DR Active Save Request In-Person Tour Request Virtual Tour
Edinburg,TX 78539
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,386 sqft
Price per Sqft $182
Subdivision The Boardwalk
MLS Listing ID 464224
HOA Fees $72/ann
HOA Y/N Yes
Year Built 2012
Annual Tax Amount $5,212
Tax Year 2024
Lot Size 4,542 Sqft
Acres 0.1043
Property Sub-Type Duplex
Source Greater McAllen
Property Description
Looking for a 9% CAP RATE !!! This duplex can be that. Currently, the CAP is 4.50% with one unit rented. With both units rented at the current rental price, the CAP would be 9%
Gated Community, Community Pool, Lawn service are included in the HOA..
Just 2.9 miles from the UTRGV campus, an excellent income-producing duplex for students and faculty. Ideally located, HEB is located 0.4 mile away, and a selection of new restaurants, coffee shops, gyms, and businesses surround this location, as Edinburg, Texas, has been the fastest growing town in America. Both units are identical and have covered parking spaces. Take advantage of this incredible opportunity today!
Location
State TX
County Hidalgo
Community Curbs,Gated,Pool,Sidewalks,Street Lights
Rooms
Other Rooms Outbuilding (None)
Interior
Interior Features Ceiling Fan(s),Decorative/High Ceilings,Microwave,Washer
Heating Central,Electric
Cooling Central Air,Electric
Flooring Tile
Appliance Electric Water Heater,Water Heater (Laundry Room),Dryer,Microwave,Refrigerator,Stove/Range-Electric Smooth,Washer
Laundry Laundry Room,Washer/Dryer Connection
Exterior
Exterior Feature Mature Trees
Carport Spaces 4
Fence None
Pool In Ground,Fenced,Outdoor Pool
Community Features Curbs,Gated,Pool,Sidewalks,Street Lights
Utilities Available Cable Available
View Y/N No
Roof Type Composition Shingle
Total Parking Spaces 4
Garage No
Private Pool true
Building
Lot Description Corner Lot,Curb & Gutters,Mature Trees,Professional Landscaping,Sidewalks,Sprinkler System
Faces From I-69C northbound take the US-281 BUS exit toward Edinburg. Go 2.5 miles and turn LEFT onto W Canton Rd. Go 1.8 miles and turn RIGHT onto S McColl Rd. Go 0.5 miles and turn LEFT onto Regency Dr. Right on Gateway Dr and Regal Dr.
Story 1
Foundation Slab
Sewer City Sewer
Water Public
Structure Type Stucco
New Construction No
Schools
Elementary Schools Canterbury
Middle Schools Longoria
High Schools Vela H.S.
Others
Tax ID T293500002005200
Security Features Smoke Detector(s)