412 & 408 Gastel Circle, Edinburg, TX

$1,200,000

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3,879

Square feet

0.26

Acres

About 412 & 408 Gastel Circle

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.

Features of 412 & 408 Gastel Circle

MLS® # 510242
Price $1,200,000
Square Footage 3,879
Acres 0.26
Year Built 2023
Type Commercial Sale
Sub-Type Commercial
Status Active

Community Information

Address 412 & 408 Gastel Circle
Subdivision University Terrace
City Edinburg
County Hidalgo
State TX
Zip Code 78539

Amenities

Features None
Parking Spaces 8
Parking Covered

Interior

Appliances Electric Water Heater
Heating Central
Cooling Central Air

Exterior

Lot Description See Remarks
Roof Other
Construction Other

Additional Information

Foreclosure No
Short Sale No
HOA Fees Freq. Annually
Present Use None
Site Features None
Presently Leased Yes
Annual Tax $4,717
HOA Association Yes

Listing Details

AgentCandice Clayton
OfficeWINNERS CIRCLE
Contact Info956-888-0052

Listing Map

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