2516 JEFFERY DRIVE, EDINBURG, TX 78542
Homes for sale in Edinburg.
Homes for sale in 78542.
2516 Jeffery Drive
Edinburg, TX 78542
List Price$279,000
Listing #481566
3,417
Square Feet
4
Number of Units
Multi-Unit Residential
Type
About This Property
An Excellent Investment FULLY RENTED This well-maintained multifamily property presents a solid investment opportunity with several recent improvements and stable cash flow. It features four units, each with appliances (several recently replaced). All units are tiled and include coffered ceilings. Most units also include washers and dryers, with laundry hookups available in all. Currently, 3 active leases are in place: 2 units at $675/month and one at $625/month, with clear potential for rental increases to align with market rates. Major capital improvements have already been completed, including: - New roof installed in 2020 - Septic system for Units C and D replaced in 2025 - New HVAC system for Unit D installed in 2024 - Water heaters replaced in most units within the last 1--3 years - As well as several new appliances, new ceiling fans, fresh paint in three units within the last couple of years, and many more improvements.
Property Features
Location Information
County
Hidalgo
Directions
from expressway north tower pass canton and left on venus property shuld be at the end of the road
Subdivision
Sevilla
Interior Features
Interior
Ceiling Fan(s), Decorative/High Ceilings, Walk-In Closet(s)
Laundry
Laundry Closet
Heating
Central
Appliances
Electric Water Heater, Refrigerator, Stove/Range-Electric Smooth
Cooling
Central Air
Total Number of Units
4
Floors
Tile
Features
Sidewalks, Street Lights
Exterior Features
Construction
Brick
Parking Spaces
0
Exterior
Mature Trees
Fencing
Wood
Foundation
Slab
Patio / Deck Description
Patio
Roof
Composition Shingle
Lot Description
Sidewalks
Possession
Closing and Funding
Lot Size in Acres
0.52
Septic or Sewer
Septic Tank
Lot Size in Sq. Ft.
22,659
Water
Public
Buildings
Outbuilding (None)
Parking Description
No Garage
Energy Features
Thermostat
Garage Spaces
0
Road Description
Paved
School
Elementary School District
Donna ISD
Middle School
Sauceda
Elementary School
Singleterry
High School
Donna North H.S.
Additional Information
Property Type
RI
Units in Complex
1
Property SubType
Quadruplex
Taxes
6526
Year Built
2005
Tax Year
2024
APN
S254200000000800
Square Feet Source
HidalgoCAD
Status
Active
Similar Listings
Mortgage Calculator
$1,302
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$1,005
Monthly Tax
$232
Monthly Insurance
$65
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
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