About 815 N Cross Lane
Value-add investment opportunity! Position your investment for success with this strategically located four-plex. Situated just moments from UTRGV, the Hidalgo County Courthouse, and a vibrant selection of popular restaurants and retail, this property offers unparalleled convenience. Tenants will love the easy walking distance to essential amenities, including Walmart. This prime location ensures consistent rental demand from students, professionals, and families alike, minimizing vacancy and maximizing your return. The property itself is one of the largest multi-family assets in the vicinity and features a unique layout where every bedroom has its own private bathroom. With three units already occupied, this is a stable, income-producing investment in a location that will only grow in value.
Features of 815 N Cross Lane
| MLS® # | 477801 |
|---|---|
| Price | $499,500 |
| Square Footage | 5,096 |
| Acres | 0.28 |
| Year Built | 2006 |
| Type | Residential Income |
| Sub-Type | Quadruplex |
| Status | Active |
Community Information
| Address | 815 N Cross Lane |
|---|---|
| Subdivision | University Park |
| City | Edinburg |
| County | Hidalgo |
| State | TX |
| Zip Code | 78541 |
Amenities
| Parking Spaces | 8 |
|---|---|
| Parking | Garage Faces Rear |
| Is Waterfront | No |
| Has Pool | No |
| Laundry Features | Laundry Closet, Washer/Dryer Connection |
| Community Amenities | Sidewalks |
Interior
| Interior Features | Built-in Features, Dryer, Microwave, Walk-In Closet(s) |
|---|---|
| Appliances | Electric Water Heater, Water Heater (Laundry Room), Smooth Electric Cooktop, Dishwasher, Convection Oven, Refrigerator |
| Heating | Central |
| Cooling | Central Air |
| Total # of Units | 4 |
| # of Buildings | 2 |
Exterior
| Exterior Features | Mature Trees |
|---|---|
| Windows | Energy Features (Double Pane Windows) |
| Roof | Shingle |
| Construction | Brick |
| Foundation | Slab |
School Information
| District | Edinburg ISD |
|---|---|
| Elementary | De La Vina |
| Middle | South Middle School |
| High | Edinburg North H.S. |
Additional Information
| Foreclosure | No |
|---|---|
| Short Sale | No |
| HOA Association | No |
Listing Details
| Agent | Magdiel Lerma |
|---|---|
| Office | Coldwell Banker La Mansion |
| Contact Info | 956-856-2737 |