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4,200 SqFt
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,200 sqft
Subdivision Jardin Del Valle Apartments
MLS Listing ID 502861
Sold Date -
HOA Y/N No
Year Built 2005
Annual Tax Amount $9,202
Tax Year 2025
Lot Size 10,454 Sqft
Acres 0.24
Property Sub-Type Quadruplex
Source Greater McAllen
Property Description
Located in Edinburg Tx, this FULLY OCCUPIED income-producing 4-plex generates $42,600 annually with an approximate 8.06% CAP RATE at the current price! Property features a newly paved driveway/carport and strong operations, with units typically re-leased in under 30 days. Recent upgrades include A/C replacements for Units 2 and 3 within the past two years, reducing near-term capital expenses. Each unit offers practical layouts suited for long-term tenancy, with room to increase rents and improve overall returns. Conveniently located in the growing Edinburg market near UTRGV, HEB, and everyday amenities.
Location
State TX
County Hidalgo
Community Sidewalks, Street Lights
Rooms
Other Rooms Outbuilding (None)
Interior
Interior Features Ceiling Fan(s), Decorative/High Ceilings, Dryer, Microwave, Washer
Heating Central, Electric
Cooling Central Air, Electric
Flooring Tile
Appliance Electric Water Heater, Dryer, Oven-Microwave, Refrigerator, Washer
Laundry Laundry Closet
Exterior
Exterior Feature Mature Trees
Carport Spaces 8
Fence Privacy, Wood
Community Features Sidewalks, Street Lights
View Y/N No
Roof Type Composition Shingle
Total Parking Spaces 8
Garage No
Building
Lot Description Mature Trees, Sprinkler System
Faces From 107 and Monmack go North on Monmack and turn left on Sarah Evans St.
Story 1
Foundation Slab
Sewer City Sewer
Water Public
Structure Type Brick,Solid Masonry
New Construction No
Schools
Elementary Schools Cavazos
Middle Schools B.L. Gray Junior High
High Schools Edinburg North H.S.
Others
Tax ID J422002000003900
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