118 Brazil Avenue

Hidalgo, TX 78557

$495,000

Beds: N/A
Baths: N/A
Square feet: 5,600
Lot: 0.28 acres
Year built: 2007
Type: Multi-family
Status: For Sale
MLS #: 494412

Mortgage estimate

$3,610/ month

20% down, 30 years, 6.5% rate. Includes estimated taxes and insurance.

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Estimates only, not a loan offer. Actual taxes, insurance, financing and closing costs vary.

About this home

Well-maintained two-story, 6-unit apartment complex located in Hidalgo, Texas, just minutes from International Boulevard, the expressway, shopping, dining, and the McAllen/Hidalgo International Bridge. The property consists of six 2-bedroom, 1-bath units, all in great condition, with several apartments updated over time and multiple HVAC systems recently replaced, helping reduce near-term capital expenses. Units feature tile flooring, washer/dryer connections, and appliances included. The property is individually metered for electric and water (6 electric meters and 6 water meters), serviced by city sewer and public water, and situated on a paved street within an established residential area with sidewalks. Rents currently vary and offer clear potential for optimization over time, making this an attractive opportunity for investors seeking stable income with built-in upside in a strong rental market.

Features

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