613 Gastel Circle
Edinburg, TX 78539
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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
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Flooring Information
Tile -
Interior Features
Appliances: Electric Water Heater, Electric Cooktop -
Heating & Cooling
Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: Central Air
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Building Information
Year Built: 1991 Building Area Total: 13356 Construction Materials: Brick Stories: 1 Private Pool: No
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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
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Listing Price Information
Listing Price: $1747500
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Tax Information
Parcel Number: U200000000003800 Tax Year: 2025 Annual Tax: $27467
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Parking Information
Parking Total: 25 Garage Faces Rear
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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?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 3412 S Colt Lane, Edinburg, TX, 78539 | $515,000 | -- | -- | 4,480 | 4,480 SqFt |
| 1017 Saltillo Street, Edinburg, TX, 78539 | $164,900 | 4 | 2 | 1,367 | 1,367 SqFt |
| 222 W Mahl Street, Edinburg, TX, 78539 | $835,000 | -- | -- | 6,429 | 6,429 SqFt |
| 927 S 5th Avenue, Edinburg, TX, 78539 | $165,000 | 2 | 2 | 1,008 | 1,008 SqFt |
| 1405 Prosperity Drive, Edinburg, TX, 78539 | $390,000 | -- | -- | 3,808 | 3,808 SqFt |
| 1009 W Stubbs Street, Edinburg, TX, 78539 | $312,000 | -- | -- | 3,278 | 3,278 SqFt |
| 201 S 1st Avenue, Edinburg, TX, 78539 | $550,000 | -- | -- | 4,571 | 4,571 SqFt |
| 1603 Lexington Circle, Edinburg, TX, 78539 | $699,900 | -- | -- | 7,588 | 7,588 SqFt |
| 928 French Avenue #1-4, Edinburg, TX, 78539 | $345,000 | 2 | 2 | 3,876 | 3,876 SqFt |
| 1816 Jason Avenue, Edinburg, TX, 78539 | $320,000 | -- | -- | 3,408 | 3,408 SqFt |
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ByOwner last updated this listing 07/24/2026 @ 18:34
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