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613 Gastel Circle, Edinburg, TX 78539

Edinburg
Local realty services provided by:CENTURY 21 Johnston Company
613 Gastel Circle,Edinburg, TX 78539
$1,650,000
  • - Beds
  • - Baths
  • 13,356 sq. ft.
  • Multi-family
  • Active
Listed by: vicki chrysler
Office: select properties
MLS#:509473
Source:TX_GMAR

Price summary

  • Price:$1,650,000
  • Price per sq. ft.:$123.54

About this home

Owner Finance Available!! Prime income-producing opportunity in a high-demand rental market! Gastel Circle Apartments features a strong, stabilized 25-unit layout consisting of eighteen spacious 1BR/1BA units and seven 2BR/1BA units. Meticulously maintained with an excellent tenant history, this portfolio boasts a high current gross monthly income with immediate upside potential, hitting an even higher cap rate upon upcoming renewals. Priced competitively, this asset offers an exceptional entry cap rate for savvy investors looking to add immediate cash flow and long-term equity to their portfolio. Located in a convenient, established neighborhood with robust rental demand, don't miss out on this turnkey multifamily gem!

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Home facts

  • Year built:1991
  • Listing ID #:509473
  • Added:41 day(s) ago
  • Updated:August 24, 2026 at 09:53 AM

Rooms and interior

  • Flooring:Tile
  • Kitchen Description:Electric Cooktop, Electric Water Heater
  • Living area:13,356 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Roof:Composition Shingle
  • Year built:1991
  • Building area:13,356 sq. ft.
  • Lot Features:Sidewalks
  • Construction Materials:Brick
  • Exterior Features:Patio Slab, Sidewalks
  • Foundation Description:Slab

Schools

  • High school:Vela H.S.
  • Middle school:South Middle School
  • Elementary school:De La Vina

Utilities

  • Water:Electric Water Heater, Public Water
  • Sewer:City Sewer

Finances and disclosures

  • Price:$1,650,000
  • Price per sq. ft.:$123.54
  • Tax amount:$27,467

Features and amenities

  • Laundry features:Laundry Area
  • Amenities:Cable Available, Sidewalks, Street Lights

Parking

  • Parking description:Garage Faces Rear

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