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613 Gastel Circle Edinburg, TX $ 1,747,500
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$ 1,747,500 Get more info
613 Gastel Circle
$ 1,747,500
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613 Gastel Circle

Edinburg, TX, 78539
$ 1,747,500
Baths0.0 Sq 13,356

Monthly Estimate*

$ 11,034

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Studio

Multi-Family Home for sale in Edinburg, TX

for $1,747,500. This 13,356 square foot home was built in 1991 on a lot size of 1.2845.

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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Multi-Family Active

Price

$ 1,747,500

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 27,467

Style

Multi Family

Lot Size

1.2845

Year Built

1991

Town/City

Edinburg

County/Region

Hidalgo

MLS | Web ID

509473
Features
General
Sewer City Sewer
Utilities Cable Available
Possession Closing and Funding
Property Subtype Multi Family
Tax Year 2025
Community Features Sidewalks Street Lights
County Hidalgo
Property Type Residential Income
HOA false
Subdivision Name University Terrace
Status Active
Directions University Drive and Gastel Circle. Please use your Maps
High School Vela H.S.
City Edinburg
High School District Edinburg ISD
Lot Size Units Acres
Lot Size Square Feet 55951.0776
Elementary School De La Vina
Tax Annual Amount 27467
Home Warranty Y/N false
Middle/Junior High School South Middle School
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Middle/Junior School District Edinburg ISD
Elementary School District Edinburg ISD
Legal Description UNIVERSITY TERRACE LOT 38 39 46 47 61
Freehold BBO VOW IDX
Living Area 13356
Cooling Central Air
Roof Composition Shingle
Appliances Electric Water Heater Electric Cooktop
Garage Spaces 0
Construction Materials Brick
Year Built 1991
Stories Count 1
Energy Efficient None
Garage Y/N false
Carport Spaces 25
Carport Y/N true
Year Built Source HCAD
Heating Central
Patio/Porch Features Patio Slab
Insurance Expense 13421
Other Structures Outbuilding (Other)
Gross Income 189720
MaintenanceExpense 11000
Number Of Units Total 25
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Interior
Flooring Tile
Air Conditioning Y/N true
Heating Y/N true
Laundry Features Laundry Area
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Exterior
Water Source Public
Lot Size Area 1.2845
Lot Size Acres 1.2845
Road Surface Type Paved
Irrigation Water Rights Y/N false
Lot Features Sidewalks
Fencing None
Parking Features Garage Faces Rear
Total Parking 25
Foundation Details Slab
Building Area Total 13356
Covered Spaces 25
Pool YN false
Number of Separate Water Meters 25
Number of Buildings 4
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* Excluded Features
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Affordability Calculator

$13,323
Per Month
83%
17%
0%
Monthly Principal & Interest
$11,034
Monthly Property Taxes
$2,289
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3057324 Elementary School
0 Middle School
Vela H.S. High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
7/13/2026$1,747,500 Listed Price

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613 Gastel Circle, Edinburg, TX, 78539 is a Multi-Family Home for sale at $1,747,500 with 13,356 sqft and a lot size of 1.2845. 613 Gastel Circle is a studio with 0.0 baths and was built in 1991. The property's zip code is 78539 which is in Edinburg, TX

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