624 W Santa Rosa Avenue
Edcouch, TX 78538
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Bed
0
Bath
12,600Sqft
37,462.04Sqft(Lot)
Positioned on a highly visible main road, this 18-unit multifamily asset offers investors the rare combination of newer construction, strong occupancy, and immediate income potential. Currently operating at over 85% occupancy, the property consists of 18 two-bedroom, one-bath units with a projected average rent of $750 per unit, producing an estimated $162,000 in annual gross rental income at stabilization. Built just two years ago, this asset offers the advantage of lower capital expenditure requirements and minimal deferred maintenance. At an asking price of $1,250,000, the property delivers a 12.96% gross rental yield. Assuming typical operating expenses of approximately 35%, the estimated Net Operating Income (NOI) is approximately $105,300, translating to an estimated cap rate of 8.4
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Flooring Information
Tile -
Interior Features
Ceiling Fan(s) Appliances: Range, Cooktop, Refrigerator, Water Heater Laundry Features: None -
Heating & Cooling
Has Heating: Yes Heating: Central, Electric Has Cooling: Yes Cooling: Ceiling Fan(s), Central Air, Electric
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Building Information
Year Built: 1985 Building Area Total: 12600 Construction Materials: Stucco Stories: 2 Private Pool: No -
Exterior Features
Exterior Features: None
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Lot Information
Main Square Feet: 37462.0356 Square Feet Lot Size Acres: 0.86 Lot Size Square Feet: 37462.0356 Lot Description: Corner LotProperty Information
Subdivision: Edcouch Original Townsite Source Property Type: Residential Income Property SubType: Multi Family Property Age: 41
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Listing Price Information
Listing Price: $1250000
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Tax Information
Parcel Number: 163706 Tax Year: 2023 Annual Tax: $23000
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Parking Information
No Garage
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School Information
Elementary School: AdameJunior High School: AdamsSenior High School: Agua Dulce H.S. -
Location Information
Direction: From 281 - Exit East on University/107, complex is on right hand side in Edcouch From 83 - Exit North on Intl Blvd in Weslaco, take a left on 107 in Edcouch, complex is on left hand side WaterSource: Public Security Features: Smoke Detector(s)
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 8238 Lago Vista Drive, Edcouch, TX, 78538 | $139,500 | 2 | 2 | 1,413 | 1,413 SqFt |
The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of Greater McAllen Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2026 Greater McAllen Association of REALTORS®. All rights reserved.
ByOwner last updated this listing 07/22/2026 @ 15:19
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