2218 S Tourist DR #1-19, Edinburg, TX 78539
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2218 S Tourist DR #1-19, Edinburg, TX 78539
2218 S Tourist DR #1-19, Edinburg, TX 78539
2218 S Tourist DR #1-19, Edinburg, TX 78539
2218 S Tourist DR #1-19, Edinburg, TX 78539
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Richard Ray

Richard Ray

+1(956) 672-7775
Listed by GDV Realty
$ 2,100,000
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2218 S Tourist DR #1-19 Edinburg, TX 78539

22,270 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 22,270 sqft

Subdivision Enfield Townhomes Condos

MLS Listing ID 506097

HOA Y/N No

Year Built 2004

Annual Tax Amount $60,435

Tax Year 2025

Lot Size 0.853 Acres

Acres 0.8534

Property Sub-Type Commercial

Source Greater McAllen

Property Description

Exceptional investment opportunity featuring a 19-unit townhome condominium portfolio in a prime Edinburg location. Currently 17 of 19 units are leased, providing immediate income with upside potential through lease-up of the remaining units. Each spacious townhome offers 2 bedrooms, 2.5 bathrooms, open concept living areas, and a private outdoor space, with select units featuring balconies and covered patios. Significant capital improvements were completed in 2022, including a new roof, exterior paint, and interior updates, reducing near-term maintenance concerns. Approximately 5 minutes from the expressway and ideally situated near the University of Texas Rio Grande Valley along with shopping, dining, medical facilities, and major transportation corridors, this property benefits from strong tenant demand and excellent accessibility. A rare opportunity to acquire a stabilized income-producing asset with a condominium ownership structure and long-term investment potential.

Location

State TX

County Hidalgo

Interior

Heating Central, Electric

Cooling Central Air, Electric

Flooring Carpet, Tile

Appliance Electric Water Heater, Water Heater (Other Location)

Exterior

Exterior Feature Balcony

Garage Spaces 38.0

View Y/N No

Roof Type Composition Shingle

Total Parking Spaces 38

Garage Yes

Building

Lot Description See Remarks

Faces From Expressway 281/I69C, exit Freddy Gonzalez Dr and travel West. Turn South on Tourist Dr. Property is located on the East side of Tourist Dr just South of Freddy Gonzalez Dr.

Story 2

Water Separate Water Meters

Structure Type Brick,Masonite,Siding

New Construction No

Others

Tax ID E612000000000100

Nearby Locations

Richard Ray
Richard Ray

Agent | License ID: 831528-SA

+1(956) 672-7775 | richardraysellingsouthtexas@gmail.com

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2218 S Tourist DR #1-19