6704 Palmera Circle, Edinburg TX 78542, Edinburg, Hidalgo, Residential

  • $149,000
6704 Palmera Circle, Edinburg TX 78542
Residential Active
6704 Palmera Circle, Edinburg TX 78542, Edinburg, Hidalgo, Residential
6704 Palmera Circle, Edinburg TX 78542
  • $149,000

Overview

Property ID: HZ451072
  • Single Family Residence
  • Property Type
  • 5
  • Bedrooms
  • 2
  • Bathrooms
  • 0
  • Garage
  • 2000
  • Square Feet
  • 1979
  • Year Built

Description

Incredible Investment Opportunity in Edinburg, TX: Cash-Flowing 1/2 Acre Lot with Two Homes!

Mobile home and pre-manufactured home.

This 1/2-acre lot offers a unique chance to invest. With two homes already generating $1,800 per month in rental income and tenants on a convenient month-to-month lease, this property provides immediate cash flow from day one.

The landlord covers utilities, offering an opportunity for increased profitability with future rent adjustments. While both homes need repairs to reach their optimal condition, this opens the door to value-add potential.

The spacious yard provides room for potential expansions or outdoor amenities, which will attract higher-quality tenants or even owner-occupiers down the line. With this kind of potential in a market like Edinburg, this property is a rare find for investors seeking both short-term returns and long-term equity growth.

  • Address Palmera
  • City Edinburg
  • State/county Hidalgo
  • Zip/Postal Code 78542
  • Area Las Villas Del ValleEdinburg

Details

Updated on October 8, 2024 at 11:22 pm
  • Property ID: HZ451072
  • Price: $149,000
  • Property Size: 2000 Square Feet
  • Land Area: 0.5 Square Feet
  • Bedrooms: 5
  • Bathrooms: 2
  • Garage: 0
  • Year Built: 1979
  • Property Type: Single Family Residence
  • Property Status: Residential

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Elena Sanchez

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