1007 CLARENCE AVENUE, EDINBURG, TX 78541
Homes for sale in Edinburg.
Homes for sale in 78541.
List Price$535,000
1007 Clarence Avenue
Edinburg, TX 78541
Listing #506224
4,200
Square Feet
4
Number of Units
Multi-Unit Residential
Type
About This Property
This investor's dream in Border Trace, Edinburg delivers a projected 7.6% cap rate, owner financing available, and comes fully leased with a 90% historical occupancy rate. Just 8 minutes from UTRGV, this income-producing property sits in one of the Rio Grande Valley's most reliable rental corridors with steady demand from students, faculty, and medical professionals. The property offers a 3-bedroom/2-bath unit and a 2-bedroom/2-bath unit, making it attractive to a diverse renter pool and reducing vacancy risk across tenant turnover cycles. Its location near Expressway 83, UTRGV, Edinburg CCISD schools, medical facilities along US-281, keeps it competitive in the rental market year-round. The privacy-fenced backyard with mature oak trees and dedicated storage adds outdoor appeal that supports long-term tenant retention. With owner financing on the table, a proven occupancy track record, and dual-unit flexibility, this property is built to generate consistent cash flow from day one.
Property Features
Location Information
County
Hidalgo
Directions
https://maps.app.goo.gl/9qMQXSFv2gQPiNBEA
Subdivision
Atwood Village
Interior Features
Interior
Ceiling Fan(s), Microwave, Walk-In Closet(s)
Appliances
Electric Water Heater, Water Heater (Other Location), Dryer, Microwave, Refrigerator, Stove/Range-Electric Smooth, Washer
Heating
Central
Total Number of Units
4
Cooling
Central Air
Features
Gated, Sidewalks, Street Lights
Floors
Tile
Windows/Doors Description
Energy Features (Double Pane Windows)
Laundry
Laundry Closet, Washer/Dryer Connection
Exterior Features
Construction
Stone, Stucco
Parking Spaces
8
Exterior
Sprinkler System
Fencing
Wood
Foundation
Slab
Patio / Deck Description
Deck/Balcony/Porch, Patio Slab
Roof
Shingle
Lot Description
Alley, Sidewalks, Sprinkler System
Possession
Closing and Funding
Lot Size in Acres
0.22
Septic or Sewer
City Sewer
Lot Size in Sq. Ft.
9,601
Water
Public
Buildings
Outbuilding (None)
Utilities
Cable Available
Energy Features
Thermostat
Parking Description
Garage Faces Rear
Road Description
Paved
Garage Spaces
0
School
Elementary School District
Edinburg ISD
Middle School
Longoria
Elementary School
Flores
High School
Edinburg North H.S.
Additional Information
Is a Gated Community
Yes
Units in Complex
4
Property Type
RI
HOA Fee
$500
Property SubType
Quadruplex
HOA Frequency
Annually
Year Built
2024
Taxes
9462
APN
A635000000005000
Tax Year
2025
Status
Active
Square Feet Source
HidalgoCAD
Similar Listings
Mortgage Calculator
$2,496
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$1,927
Monthly Tax
$445
Monthly Insurance
$124
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
Courtesy of: Victor Fuentes
Big Realty
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IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Greater McAllen Association of REALTORS®. The listing broker?s offer of compensation is made only to participants of the MLS where the listing is filed.
GMAR(McAllen) data last updated at June 7, 2026, 7:39 AM CT
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