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$59,900

8309 Locker Avenue, Edinburg, TX, 78542

On MarketInfo
Just AddedInfo
Beds1 Beds
Baths1 Bath
Baths528 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$113.45 / sqft
Year BuiltBuilt in 2005

About this property

Edinburg, TX Property with Investment Potential and Convenient Highway Access! Located on Locker Avenue, this property sits on a spacious 7,500 SF lot (approximately 0.17 acres) with convenient access to FM 2812 and US Highway 281 for travel throughout Edinburg and the Rio Grande Valley. The existing wood-frame improvements include a main area with kitchen plumbing, electrical connections, and a restroom, an attached room with a separate entrance, and an enclosed trailer-home addition that remains unfinished. The property is fully enclosed with chain-link fencing. The existing structures require repairs and completion, offering potential for buyers looking for a renovation project or land investment. **The primary value is in the land, with existing improvements being sold in their current condition.** Buyers are encouraged to verify permitted uses, utilities, zoning, and the condition of all improvements to determine suitability for their intended use.

Investor Tools

$0Estimated Mortgage Balance
$59,900Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$359 /month
Positive
Cash Flow Estimate:
$120 /month

Interested in this property?

Olga Arriaga

Dolce Vita Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

City: Edinburg