412 & 408 Gastel Circle, Edinburg, TX 78539

$1,200,000
3,879
SqFt

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List Price
$1,200,000
Status
ACTIVE
MLS#
510242
Living Area
3,879
Lot Size (Acres)
0.2554
Year Built
2023
Hoa Yn
Yes
Hoa Frequency
Annually

Property Description

Two adjacent fourplexes being sold together at 408 & 412 Gastel Circle, Edinburg, TX, offering a rare chance to acquire an 8-unit income-producing property in a high-demand rental area. Currently operating at an approximately 8.4% cap rate, this investment provides strong cash flow and long-term upside. 412 Gastel Circle is fully occupied, while 408 Gastel Circle has one vacant unit, making it easy to schedule showings without disrupting tenants. The property's convenient location offers easy access to UTRGV, shopping, dining, and major roadways, making it highly attractive to tenants and supporting consistent rental demand. Whether you're looking to expand your portfolio or secure a turnkey income-producing investment, these properties offer the ideal combination of quality, location, and income potential. Possible owner financing available with a strong down payment. Contact the listing agent for additional details on terms.

Additional Information

Area
Edinburg
Subdivision
University Terrace
Stories
1
Heating
Central

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Listing courtesy of Winners Circle.