1708 Cypress Street, Edinburg, TX 78542

$185,000

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List Price
$185,000
Status
ACTIVE
MLS#
507521
Lot Size (Acres)
0.3259

Property Description

Excellent investment opportunity in one of Edinburg's most desirable growth areas! This multifamily lot is ideally located just north of Canton Road with convenient access to the expressway, making it highly attractive to both investors and future tenants. The lot is perfectly suited for the development of a 6-plex apartment complex. A popular floor plan for this site includes two 3-bedroom units, two 2-bedroom units, and two 1-bedroom units, providing an ideal unit mix to maximize rental demand and cash flow. Located just minutes from UTRGV, Bert Ogden Arena, shopping, dining, and major employers, this property offers outstanding potential for long-term appreciation and strong rental income. With continued growth in the area and high demand for quality housing, this is a rare opportunity to build and invest in one of the Rio Grande Valley's most sought-after locations. Don't miss your chance to develop a prime income-producing property in the heart of Edinburg.

Additional Information

Area
Edinburg
Subdivision
Oakview Center
Taxes
$2,850
Amenities
Sidewalks, Street Lights
Utilities
Cable Connected, City Garbage, Water Connected
Sewer
City Sewer
School District
Edinburg ISD
Elementary School
Cano-Gonzales
Middle School
Barrientes
High School
Edinburg H.S.

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Calculator source: Real Geeks

Listing courtesy of Hector Gonzalez with Rightkeys Realty Llc