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Listed by WINNERS CIRCLE
$ 1,200,000
Active
412 & 408 Gastel CIR Edinburg, TX 78539
3,879 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 3,879 sqft
Subdivision University Terrace
MLS Listing ID 510242
HOA Y/N Yes
Year Built 2023
Annual Tax Amount $4,717
Tax Year 2025
Lot Size 0.255 Acres
Acres 0.2554
Property Sub-Type Commercial
Source Greater McAllen
Property Description
Two adjacent fourplexes being sold together at 408 & 412 Gastel Circle, Edinburg, TX, offering a rare chance to acquire an 8-unit income-producing property in a high-demand rental area. Currently operating at an approximately 8.4% cap rate, this investment provides strong cash flow and long-term upside.
412 Gastel Circle is fully occupied, while 408 Gastel Circle has one vacant unit, making it easy to schedule showings without disrupting tenants. The property's convenient location offers easy access to UTRGV, shopping, dining, and major roadways, making it highly attractive to tenants and supporting consistent rental demand.
Whether you're looking to expand your portfolio or secure a turnkey income-producing investment, these properties offer the ideal combination of quality, location, and income potential.
Possible owner financing available with a strong down payment. Contact the listing agent for additional details on terms.
412 Gastel Circle is fully occupied, while 408 Gastel Circle has one vacant unit, making it easy to schedule showings without disrupting tenants. The property's convenient location offers easy access to UTRGV, shopping, dining, and major roadways, making it highly attractive to tenants and supporting consistent rental demand.
Whether you're looking to expand your portfolio or secure a turnkey income-producing investment, these properties offer the ideal combination of quality, location, and income potential.
Possible owner financing available with a strong down payment. Contact the listing agent for additional details on terms.
Location
State TX
County Hidalgo
Interior
Heating Central
Cooling Central Air
Flooring Tile
Appliance Electric Water Heater
Exterior
Carport Spaces 8
View Y/N No
Roof Type Other
Total Parking Spaces 8
Garage No
Building
Lot Description See Remarks
Faces FROM UNIVERSITY DRIVE AND JACKSON RD. HEAD EAST, TURN RIGHT ON GASTEL CIRCLE
Story 1
Structure Type Other
New Construction No
Others
Tax ID U200000000002600 & U200000000002500
