2,706 SqFt
2,706 SqFt
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,706 sqft
Subdivision Meadow Creek Condos At Meadow Creek
MLS Listing ID 439610
HOA Y/N No
Originating Board Greater McAllen
Year Built 2009
Annual Tax Amount $3,666
Tax Year 2023
Lot Size 8,451 Sqft
Acres 0.194
Property Sub-Type Triplex
Property Description
This outstanding investment opportunity is conveniently located in a highly desirable neighborhood, close to nearby parks, excellent schools, and the expressway, making it a prime location for residents. Formerly part of a golf course community, the area boasts a tennis court and is just minutes away from scenic bike trails.
This property is currently 100% leased to committed tenants, offering qualified investors an opportunity that benefits from stable in-place cash flow. Benefit from a 7% Cap Rate.
Location
State TX
County Hidalgo
Community Curbs, Sidewalks, Street Lights
Rooms
Other Rooms Outbuilding (None)
Interior
Interior Features Built-in Features, Ceiling Fan(s), Decorative/High Ceilings, Dryer, Microwave, Split Bedrooms, Walk-In Closet(s), Washer
Heating Central, Electric
Cooling Central Air, Electric
Flooring Tile
Appliance Electric Water Heater, Dryer, Refrigerator, Stove/Range, Washer
Laundry Laundry Closet
Exterior
Exterior Feature Mature Trees
Fence None
Community Features Curbs, Sidewalks, Street Lights
Utilities Available Cable Available
View Y/N No
Roof Type Composition Shingle
Garage No
Building
Lot Description Curb & Gutters, Sidewalks
Faces Head west on expressway 83, take exit on Inspiration Rd. Take a left and drive south of inspiration for about 2 miles. Take a right on Circle Drive. Building will be on the left side.
Story 1
Foundation Slab
Sewer City Sewer
Water Public
Structure Type Brick
New Construction No
Schools
Elementary Schools Leal
Middle Schools White Junior High
High Schools Mission H.S.
Others
Tax ID M31721A000000400
Security Features Smoke Detector(s)
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