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142 S Val Verde Rd 5 Unit Apartment Building $424,500 ($84,900/Unit) Donna, TX 78537
Investment Highlights
- Owner financing avaialbe with reasonable terms.
- Owner / Occupant.
- Convenient access to Expressway 83 and primary Donna commerce corridors.
- Plenty of Lot space.
- Strong historical income with established tenancy base.
Executive Summary
Great investment opportunity recently remodeled in the last 2 years perfect for owner/operator or just all rental income. The property has the main house that has 2,689 living and the 4 units that sit at the rear of the property . The home and the units all have separate electric meters and owner pays sewer/water only. The four units have an estimate total of 3,510 living area square footage. All of it is fenced with a chain link fence and a gate in front for entry. This property is zoned both Commercial and Residential and sits on almost an acre. As per owner units have been updated electrical, plumbing, tile and fresh coats of paint. The owner currently has surveillance camera over looking the parking area for added security. Property is located off major thoroughfare in Donna Texas and has good rental history. One unit vacant at time of listing will be showing this one until it leases. As per county HCAD Main house built 1971 and 4-plx was built in 1988.
Financial Summary (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $424,500 | Building Class | C |
| Price Per Unit | $84,900 | Lot Size | 0.94 AC |
| Sale Type | Investment | Building Size | 6,199 SF |
| No. Units | 5 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 1971 |
| Apartment Style | Single-Family Home | Parking Ratio | 1.45/1,000 SF |
| Price | $424,500 |
| Price Per Unit | $84,900 |
| Sale Type | Investment |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Single-Family Home |
| Building Class | C |
| Lot Size | 0.94 AC |
| Building Size | 6,199 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1971 |
| Parking Ratio | 1.45/1,000 SF |
Amenities
Unit Amenities
- Patio
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 4 | - | - |
| 4+2 | 1 | $1,200 | 2,689 |
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | V0200-00-005-0004-02 | Total Assessment | $301,093 (2025) |
| Land Assessment | $70,408 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $230,685 (2025) | Tax Year | 2024 |
Property Taxes
Parcel Number
V0200-00-005-0004-02
Land Assessment
$70,408 (2025)
Improvements Assessment
$230,685 (2025)
Total Assessment
$301,093 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
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142 S Val Verde Rd
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