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29720175

Lot 3 Atwood Village, Edinburg, TX 78541

AL
TX 0731864
Paramount Commercial Real Estate LLC
IG
TX #845315-SA
Listed by Paramount Commercial Real Estate LLC
$575,000
120 days on market
Updated 26 days ago

Atwood Village Apartments

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 5,400
Net Rentable (SqFt) 5,400
Units 4
Cap Rate 8.18%
Pro-Forma Cap Rate 8.18%
Pro-Forma NOI $47,040
Price per SqFt $106
Class A
Year Built 2026
Buildings 2
Stories 2
Lot Size (SqFt) 11,804.28
Zoning R3
Investment Type Stabilized

Multifamily | 4 Units | $143,750/unit

Marketing description

Brand-New 4-Unit | Large 3BD/2BA Units | Turn-Key Cash Flow | Atwood Village – North 10th St

Introducing a brand-new construction 4-unit apartment building located in Atwood Village, just off North 10th Street—one of the area’s most desirable and accessible corridors. Construction is scheduled for completion in approximately 4 weeks, offering investors the opportunity to step into a fully stabilized, low-maintenance asset from day one.

All units feature spacious 3-bedroom, 2-bathroom layouts, each offering approximately 1,350 square feet of living space—a rare find in small multifamily. Every unit includes two dedicated parking spaces with covered carports, further enhancing tenant appeal and long-term rent stability.

The property is county-appraised approximately $100,000 above the asking price, providing immediate equity at acquisition. Designed for efficiency, the asset delivers low operating expenses and a truly turn-key investment profile.

Pro forma rents are $1,400 per unit, supporting consistent cash flow and strong demand from long-term tenants. This property is ideal for a first-time multifamily investor seeking a safe, high-quality entry point, or a seasoned investor looking to add a reliable, low-risk income-producing asset to their portfolio.

Investment highlights

Highlights:

  • Brand-new 4-unit construction

  • All Units 3B2B

  • Completion in ~4 weeks

  • Located in Atwood Village near North 10th St

  • County appraisal ~$100K above asking

  • Low expenses / turn-key operation

  • Pro forma rents: $1,400 per unit

  • Strong cash flow and long-term hold potential

Opportunities like this—new construction, small multifamily, immediate equity—are rare in today’s market.

Listing Contacts

AL
TX 0731864
Paramount Commercial Real Estate LLC
IG
TX #845315-SA
Listed by Paramount Commercial Real Estate LLC

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Additional Information

Name
Adolfo Landa
License
0731864
Brokerage Phone
9564511152
Brokerage Address
135 Paseo Del Prado
Name
Isaiah Garcia
License
#845315-SA
Brokerage
paramount commercial real estae llc
Brokerage Phone
512-817-1852
Title
real estate broker
Brokerage Address
135 Paseo Del Prado
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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