About 1601 W Samano Street
LOCATION, LOCATION, LOCATION! Excellent investment opportunity featuring 8 income-producing units with GARAGES in a highly desirable area. 7 of the 8 units include their own attached 2-CAR GARAGE, a rare and valuable feature that drives tenant demand and retention. Each unit is equipped with individual water and electric meters, making utility management simple and cost-effective for owners. Current rents range from $800–$1,000 per unit, with strong upside potential for future increases. This well-positioned multi-unit property offers solid cash flow, high cap-rate potential, and long-term growth. Ideal for investors looking to expand their portfolio, generate passive income, or secure a strong income property in a prime location. All offers considered. Schedule your private showing today
Features of 1601 W Samano Street
| MLS® # | 487949 |
|---|---|
| Price | $815,000 |
| Square Footage | 9,425 |
| Acres | 0.39 |
| Year Built | 1978 |
| Type | Residential Income |
| Sub-Type | Apartment |
| Status | Active |
Community Information
| Address | 1601 W Samano Street |
|---|---|
| Subdivision | Downing |
| City | Edinburg |
| County | Hidalgo |
| State | TX |
| Zip Code | 78539 |
Amenities
| Parking Spaces | 14 |
|---|---|
| Parking | Attached |
| # of Garages | 14 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | None |
|---|---|
| Appliances | Electric Water Heater, Dishwasher, Disposal, Refrigerator, Stove/Range-Electric Smooth |
| Heating | Central |
| Cooling | Central Air |
| Fireplace | No |
| Has Basement | No |
Exterior
| Exterior Features | Balcony, Other |
|---|---|
| Lot Description | Corner Lot |
| Roof | Composition Shingle |
| Construction | Other, Vinyl Siding, Wood Siding |
| Foundation | Slab |
School Information
| District | Edinburg ISD |
|---|---|
| Elementary | Freddy Gonzalez |
| Middle | South Middle School |
| High | Vela H.S. |
Additional Information
| Date Listed | November 30th, 2025 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
Listing Details
| Agent | Jeremiah (david) Pena |
|---|---|
| Office | TNT Real Estate |
| Contact Info | 956-435-5836 |