1308 W Prosperity DR, Edinburg, TX 78541
1308 W Prosperity DR, Edinburg, TX 78541
1308 W Prosperity DR, Edinburg, TX 78541
1308 W Prosperity DR, Edinburg, TX 78541
1308 W Prosperity DR, Edinburg, TX 78541
1308 W Prosperity DR, Edinburg, TX 78541
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Listed by Effective Real Estate
$ 354,000

7,616 SqFt


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$ 354,000
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7,616 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 7,616 sqft

Subdivision Queens Ridge Estates

MLS Listing ID 512915

HOA Y/N No

Year Built 2008

Annual Tax Amount $8,517

Tax Year 2023

Lot Size 9,601 Sqft

Acres 0.2204

Property Sub-Type Quadruplex

Source Greater McAllen

Property Description

Fourplex Investment Opportunity – Edinburg, TX

PRIME INVESTMENT OPPORTUNITY IN EDINBURG! Add a solid multifamily property to your portfolio with this spacious fourplex featuring four 2-bedroom, 2-bath units and approximately 3,808 square feet of total living area.

Each unit offers a functional layout with tile flooring, tile countertops, walk-in closets, appliances, and two covered parking spaces, providing the features tenants are looking for.

LOCATION, LOCATION, LOCATION! Conveniently situated near UTRGV, the Hidalgo County Courthouse, hospitals, shopping centers, grocery stores, restaurants, and major roadways, this property is positioned in a high-demand rental area with excellent accessibility.

With four income-producing units under one roof, this property is an attractive opportunity for investors looking to generate rental income and build long-term equity in one of the Rio Grande Valley's growing markets.

Location

State TX

County Hidalgo

Community Sidewalks, Street Lights

Rooms

Other Rooms Outbuilding (None)

Interior

Interior Features Ceiling Fan(s)

Heating Central

Cooling Central Air

Flooring Tile

Appliance Electric Water Heater, Refrigerator, Stove/Range

Laundry Laundry Closet, Washer/Dryer Connection

Exterior

Carport Spaces 2

Fence Wood

Community Features Sidewalks, Street Lights

View Y/N No

Roof Type Shingle

Total Parking Spaces 2

Garage No

Building

Lot Description Curb & Gutters

Faces Head west on W University Dr toward N Sugar Rd, Turn right at the 1st cross street onto N Sugar Rd, Turn right onto W Prosperity Dr, Destination will be on the right

Story 1

Foundation Slab

Water Public

Structure Type Brick

New Construction No

Schools

Elementary Schools Truman

Middle Schools B.L. Garza

High Schools Edinburg North H.S.

Others

Tax ID Q307000000002000

Security Features Smoke Detector(s)

Schools and Properties Nearby

Agustin Ponce

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1308 W Prosperity DR