1 / 225-Unit Multifamily in Edinburg, TX
TX · listed Jul 13, 2026 (107 days)
▼ Reduced 5.6% on Aug 17, 2026, was $1,747,500
- $/unit
- $66,000
- ▼ 28% vs TX · 27th pct
- Cap rate
- —
- Gross yield
- —
- Units
- 25
- 4 bldg · 1991
Financials
- Asking price
- $1,650,000
- Price per unit
- $66,000
- Price per sq ft
- $124
- Gross rent / year
- Not stated
- Net operating income
- Not stated
- NOI per unit
- Not stated
- Cap rate
- Not stated
- Gross yield
- Not stated
- Occupancy
- Not stated
As stated by the seller. Verify during due diligence.
Building
- Units
- 25
- Unit mix
- eighteen spacious 1BR/1BA units and seven 2BR/1BA units
- Buildings
- 4
- Year built
- 1991
- Building size
- 13,356 sq ft
- Avg unit size
- 534 sq ft
- Lot size
- 1.28 acres
- Condition
- Stabilized
Deal terms
- Owner financing
- Available
Listing
- Listed
- Jul 13, 2026
- Days on market
- 107 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Aug 17, 2026: $1.75M → $1.65M
- Location
- Approximate (~0.5 mi)
- Listing #
- 1622
About this property
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!
Multifamily | 25 Units
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
 Edinburg, TX | $1.65M | $75K$75K | — |
 Edinburg, TX | $1.65M | $82K$82K | — |
 Edinburg, TXStabilized | $815K | $102K$102K | — |
 Edinburg, TXNew | $1.2M | $150K$150K | 7.9% |
 Edinburg, TXStabilized | $1.15M | $96K$96K | — |
 Edinburg, TX▼ 6% cutVacant | $785K | $131K$131K | — |