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 10 three-bedroom, 5 two-bedroom and 3 one-bedroom units with a projected average rent of $750 per unit, producing an estimated $162,000 in annual gross rental income at stabilization. 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.
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 | $135,000 | 2 | 2 | 1,413 | -- |
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 09/09/2026 @ 03:00
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