$500,000

1308 Shavano Dr Edinburg, TX 78541

Estimated payment $2,990/month

Total Views 2,341
-- Bed
-- Bath
3,648 Sq Ft
$137 Price per Sq Ft

Highlights

  • Gated Community
  • Covered Patio or Porch
  • Laundry Room
  • High Ceiling
  • Walk-In Closet
  • Tile Flooring

About This Home

FULLY LEASED Investment property located in the new subdivision Sugar Mill Estates in Edinburg, Tx. Located minutes from main retail, restaurants Hidalgo County Courthouse and The University of Texas Rio Grande Valley. It is also conveniently located 25 minutes from McAllen International Airport. These units offer a promising return on investment. They are a mixture of 2 units being 3 bedrooms with 2 bathrooms and the other 2 units 2 bedrooms with 2 bathrooms. Don’t miss out on the chance to secure reliable income stream. All appliances are included, priced to sell and will not last!

Listing Agent

Emiliano Perez

Alliance Real Estate Group Listed on: 04/04/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,497

Year Built

  • Built in 2024

Lot Details

  • 10,512 Sq Ft Lot
  • Privacy Fence
  • Wood Fence
  • Sprinkler System

HOA Fees

  • $63 Monthly HOA Fees

Home Design

  • Quadruplex
  • Slab Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 3,648 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Ceiling Fan
  • Tile Flooring
  • Fire and Smoke Detector

Kitchen

  • Stove
  • Microwave

Bedrooms and Bathrooms

  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 8 Carport Spaces
  • No Garage

Schools

  • Truman Elementary School
  • B.L. Garza Middle School
  • Edinburg North High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Energy-Efficient Thermostat
  • Covered Patio or Porch

Listing and Financial Details

  • Assessor Parcel Number S681500000003800

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Sugar Mill Estates HOA
  • Sugar Mills Estates Subdivision

Building Details

  • Insurance Expense $12,000
  • Maintenance Expense $650
  • Gross Income $38,700

Security

  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,497

Year Built

Built in 2024

Lot Details

0

HOA Fees

$63 per month

Listing Details

  • Directions: Head west on E Chapin Rd toward Frontera Rd. Turn right onto N Sugar Rd. Subdivision will be on your right.
  • Year Built: 2024
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2413
  • Road Surface Type: Paved
  • Subdivision Name: Sugar Mills Estates
  • Carport Y N: Yes
  • Garage Yn: No
  • Efficiency: Thermostat
  • Building Stories: 1
  • GMAR_Escrow: 5000
  • Special Features: NewHome
  • Stories: 1

Interior Features

  • Roof: Shingle
  • Appliances: Electric Water Heater, Refrigerator, Stove/Range, Washer
  • Flooring: Tile
  • Living Area: 3648

Exterior Features

  • Exterior Features: Sprinkler System
  • Interior Amenities: Ceiling Fan(s), Decorative/High Ceilings, Dryer, Microwave, Split Bedrooms, Walk-In Closet(s), Washer
  • Fencing: Privacy, Wood
  • Lot Features: Professional Landscaping, Sidewalks, Sprinkler System
  • Home Warranty: No
  • Construction Type: Stucco
  • Foundation Details: Slab
  • Other Structures: Outbuilding (None)
  • Patio And Porch Features: Covered Patio
  • Pool YN: No

Garage/Parking

  • Carport Spaces: 8
  • Covered Parking Spaces: 8
  • Parking Features: No Garage
  • Total Parking Spaces: 8

Utilities

  • Laundry Features: Laundry Room, Washer/Dryer Connection
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Gated, Sidewalks, Street Lights
  • Amenities: Property Owners' Assoc.
  • Association Fee: 750
  • Association Fee Frequency: Annually
  • Association Name: SUGAR MILL ESTATES HOA
  • Association: Yes

Schools

  • Elementary School: Truman
  • High School: Edinburg North H.S.
  • Junior High Dist: Edinburg ISD
  • Middle Or Junior School: B.L. Garza

Lot Info

  • Lot Size Sq Ft: 10511.8992
  • Parcel #: S681500000003800
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Buildings: 2

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 2497

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Annual Gross Income: 38700
  • Insurance Expense: 12000

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2025 04/04/25 For Sale $500,000 -- $137 / Sq Ft
Source: Greater McAllen Association of REALTORS®

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Source: Greater McAllen Association of REALTORS®

MLS Number: 466603

Greater McAllen Association of REALTORS®
Texas Hidalgo County Edinburg 78541

1308 Shavano Dr, Edinburg, TX

This home is located at 1308 Shavano Dr, Edinburg, TX 78541 and is currently priced at $500,000, approximately $137 per square foot. This property was built in 2024. 1308 Shavano Dr is a home located in Hidalgo County with nearby schools including Truman Elementary School, B L Garza Middle School, and Edinburg North High School.

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Greater McAllen Association of REALTORS® The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of Greater McAllen Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Nearby Homes
Listing Agent
Emiliano Perez
Section Image
Alliance Real Estate Group
(956) 672-7549