613 Gastel Circle
Edinburg, TX 78539
--
Bed
0
Bath
13,356Sqft
1.28Acres(Lot)
Owner Finance Available!! Prime income-producing opportunity in a high-demand rental market! Gastel Circle Apartments features a strong, stabilized 25-unit layout consisting of eighteen spacious 1BR/1BA units and seven 2BR/1BA units. Meticulously maintained with an excellent tenant history, this portfolio boasts a high current gross monthly income with immediate upside potential, hitting an even higher cap rate upon upcoming renewals. Priced competitively, this asset offers an exceptional entry cap rate for savvy investors looking to add immediate cash flow and long-term equity to their portfolio. Located in a convenient, established neighborhood with robust rental demand, don't miss out on this turnkey multifamily gem!
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
-
Flooring Information
Tile -
Interior Features
Appliances: Electric Water Heater, Electric Cooktop -
Heating & Cooling
Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: Central Air
-
Building Information
Year Built: 1991 Building Area Total: 13356 Construction Materials: Brick Stories: 1 Private Pool: No
-
Lot Information
Main Square Feet: 1.2845 Acres Lot Size Acres: 1.2845 Lot Size Square Feet: 55951.0776Property Information
Subdivision: University Terrace Source Property Type: Residential Income Property SubType: Multi Family Property Age: 35
-
Listing Price Information
Listing Price: $1650000 Original Price: $1747500
-
Tax Information
Parcel Number: U200000000003800 Tax Year: 2025 Annual Tax: $27467
-
Parking Information
Parking Total: 25 Garage Faces Rear
-
School Information
Elementary School: De La VinaJunior High School: South Middle SchoolSenior High School: Vela H.S. -
Utility Information
Cable Available -
Location Information
Direction: University Drive and Gastel Circle. Please use your Maps WaterSource: Public
How much is this property worth?
Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.
Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 3412 S Colt Lane, Edinburg, TX, 78539 | $500,000 | -- | -- | 4,480 | 13,135.95 Sqft |
| 3401 S Colt Lane, Edinburg, TX, 78539 | $530,000 | -- | -- | 4,320 | 10,202.19 Sqft |
| 1017 Saltillo Street, Edinburg, TX, 78539 | $164,900 | 4 | 2 | 1,367 | 6,886.84 Sqft |
| 322 E Mahl Street, Edinburg, TX, 78539 | $265,000 | -- | -- | 1,488 | 7,099.84 Sqft |
| 222 W Mahl Street, Edinburg, TX, 78539 | $785,000 | -- | -- | 6,429 | 17,424 Sqft |
| 927 S 5th Avenue, Edinburg, TX, 78539 | $165,000 | 2 | 2 | 1,008 | 7,048.01 Sqft |
| 1405 Prosperity Drive, Edinburg, TX, 78539 | $390,000 | -- | -- | 3,808 | 9,659.87 Sqft |
| 821 S 4th Avenue, Edinburg, TX, 78539 | $379,000 | -- | -- | 4,541 | 16,839.86 Sqft |
| 1009 W Stubbs Street, Edinburg, TX, 78539 | $280,000 | -- | -- | 3,278 | 10,511.03 Sqft |
| 201 S 1st Avenue, Edinburg, TX, 78539 | $550,000 | -- | -- | 4,571 | 7,099.84 Sqft |
Similar Multifamily To 613 Gastel Circle
Nearby For Sale
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 @ 02:46
More Cities with for Sale by Owner Homes
- Edinburg Homes For Sale By Owner
- San Juan Homes For Sale By Owner
- Pharr Homes For Sale By Owner
- Alamo Homes For Sale By Owner
- McAllen Homes For Sale By Owner
- Elsa Homes For Sale By Owner
- Donna Homes For Sale By Owner
- Palmhurst Homes For Sale By Owner
- Alton Homes For Sale By Owner
- Mission Homes For Sale By Owner
- Edcouch Homes For Sale By Owner
- Hargill Homes For Sale By Owner
- Progreso Homes For Sale By Owner
- La Villa Homes For Sale By Owner
- Weslaco Homes For Sale By Owner
- Penitas Homes For Sale By Owner
- Hidalgo Homes For Sale By Owner
- Mercedes Homes For Sale By Owner
- Linn Homes For Sale By Owner
- La Joya Homes For Sale By Owner
Homes around $1,650,000
Verify Your Email
Please enter the 6-digit verification code
sent to your email address.
Verify Your Phone Number
Please enter the 6-digit verification code
sent to your mobile phone.