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$449,000

Beds
Unknown
sq ft
3,634

121 W Van Week St, Edinburg, TX 78541

121 W Van Week St

Edinburg, TX 78541

  • 190 days on market
    • Price drop $11,000↓
Investment opportunity near UTRGV with this fully remodeled and leased 6-unit complex. Located in a primary location, these recently remodeled units offer comfortable living spaces and convenient access to the university. Ideal for investors seeking steady rental income or homeowners looking for a strategic investment, this property combines affordability with a prime location.

Details

Property type

Apartment

Lot size

7,099.844 sq ft

Price per sq ft

$124

Year built

1987

Annual property taxes

$8,544

Price History

08/02/2024
McAllenTX

McAllenTX #437836

Price change
$449,000
-2.39%
05/16/2024
McAllenTX

McAllenTX #437836

Listed
$460,000
03/26/2024
McAllenTX

McAllenTX #414945

Removed

Schools & Community

Elementary school: 

Austin

Middle school: 

B.L. Garza

High school: 

Edinburg North H.S.

Community features: 

Curbs, Sidewalks, Street Lights

High school district: 

Edinburg ISD

Number of units in community: 

1

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Adelante Funding I Ltd

Loan start date

October 2022

Original loan amount

$240,000

Est. remaining balance

Not provided

Interest rate

5.13%

Loan type

Purchase Money Mortgage

Seller

Paradise Motors Innovators Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/23/2024 at 8:30 AM

Listing updated: 08/02/2024 at 10:40 AM

Listed by: Edgar Rodriguez, Big Realty Phone #: (956) 465-0011

MLS: McAllenTX #437836

McAllenTX logo

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