405 DOWNING AVENUE, EDINBURG, TX 78539
Homes for sale in Edinburg.
Homes for sale in 78539.
405 Downing Avenue
Edinburg, TX 78539
List Price$513,000
Listing #464422
3,960
Square Feet
6
Number of Units
Multi-Unit Residential
Type
About This Property
Perfect for first-time investors looking to live on-site, this well-maintained 4-plex offers a rare opportunity to generate rental income while building equity. Three units are already rented, providing immediate cash flow, with one 2-bed, 2-bath unit available for an owner-occupant or new tenant. Located minutes from the university and the thriving city of Edinburg, this property is in a high-demand rental area, ensuring strong occupancy rates. Whether you're starting your investment journey or expanding your portfolio, this multifamily gem is a smart move.
Property Features
Location Information
County
Hidalgo
Directions
Head west on HWY 107 passing McColl, Head south on Mon Mack, Gate entrance is located on west side.
Subdivision
Mon Mack Landing
Interior Features
Interior
Ceiling Fan(s), Microwave
Laundry
Laundry Closet
Heating
Central
Appliances
Electric Water Heater, Dryer, Microwave, Refrigerator, Stove/Range, Washer
Cooling
Central Air
Total Number of Units
6
Floors
Tile
Features
Gated
Exterior Features
Construction
Brick
Fencing
Wood
Foundation
Slab
Patio / Deck Description
Patio
Roof
Shingle
Lot Description
Sidewalks, Sprinkler System
Possession
Closing and Funding
Lot Size in Acres
0.231
Septic or Sewer
City Sewer
Lot Size in Sq. Ft.
10,079
Parking Description
Detached
Buildings
Outbuilding (None)
Garage Spaces
0
Energy Features
None
Parking Spaces
8
Road Description
Paved
School
Elementary School District
Edinburg ISD
Middle School
B.L. Garza
Elementary School
Trevino
High School
Edinburg 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
2017
Taxes
11018
APN
M566501000005900
Tax Year
2024
Status
Active
Square Feet Source
HidalgoCAD
Similar Listings
Mortgage Calculator
$2,394
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$1,848
Monthly Tax
$427
Monthly Insurance
$119
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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