$360,000

1504 Prosperity Dr Edinburg, TX 78541

Estimated payment $2,475/month

Total Views 2,284
-- Bed
-- Bath
3,536 Sq Ft
$102 Price per Sq Ft

Highlights

  • No HOA
  • Tile Flooring
  • Ceiling Fan
  • Laundry closet
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

Fantastic opportunity in prime Edinburg location! This 4plex boasts four 2-bed, 2-bath units, perfect for investors or homeowners seeking rental income already fully occupied!! Close proximity to the University adds immense rental potential. Don't miss out on this lucrative investment in a thriving community

Listing Agent

Maria Guerra

Element Realty, Llc Listed on: 05/07/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,199

Year Built

  • Built in 2003

Lot Details

  • 10,803 Sq Ft Lot
  • Sprinkler System

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 3,536 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Tile Flooring
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Stove
  • Microwave

Laundry

  • Laundry closet
  • Washer

Parking

  • Garage
  • 8 Carport Spaces
  • No Garage
  • Rear-Facing Garage

Schools

  • Truman Elementary School
  • B.L. Gray Junior High
  • Edinburg North High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number Q307000000002700

Community Details

Overview

  • No Home Owners Association
  • 4 Buildings
  • 4 Units
  • Queens Ridge Estates Subdivision

Building Details

  • Insurance Expense $221
  • Maintenance Expense $70
  • Gross Income $2,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,199

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Directions: Go north on Sugar Road from Chapin. Turn right onto Prosperity. Four-plex will be on the right. No sign
  • Year Built: 2003
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.248
  • Road Surface Type: Paved
  • Subdivision Name: Queens Ridge Estates
  • Carport Y N: Yes
  • Garage Yn: No
  • Efficiency: None
  • Building Stories: 1
  • GMAR_Escrow: 3500
  • Non-Conveyances: Microwave oven, Fridge, Stove/Range/Coil, Washer
  • Special Features: None
  • Stories: 1

Interior Features

  • Roof: Shingle
  • Appliances: Electric Water Heater, Microwave, Refrigerator, Stove/Range, Stove/Range-Electric Coil, Washer
  • Flooring: Tile
  • Living Area: 3536

Exterior Features

  • Exterior Features: Sprinkler System
  • Interior Amenities: Ceiling Fan(s)
  • Fencing: None
  • Lot Features: Sidewalks, Sprinkler System
  • Home Warranty: No
  • Construction Type: Brick
  • Foundation Details: Slab
  • Other Structures: Outbuilding (None)
  • Pool YN: No

Garage/Parking

  • Carport Spaces: 8
  • Covered Parking Spaces: 8
  • Parking Features: No Garage, Garage Faces Rear
  • Total Parking Spaces: 8

Utilities

  • Laundry Features: Laundry Closet, 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: Sidewalks, Street Lights
  • Association: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 10802.88
  • Parcel #: Q307000000002700

Building Info

  • Buildings: 4

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6199

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Annual Gross Income: 2800
  • Insurance Expense: 221

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

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $7,445 $363,993 $103,680 $260,313
2023 $6,199 $258,362 $103,680 $154,682
2022 $6,728 $258,362 $56,700 $201,662
2021 $6,327 $233,655 $56,700 $176,955
2020 $6,410 $235,604 $56,700 $178,904
2019 $6,160 $221,806 $56,700 $165,106
2018 $6,175 $221,806 $51,300 $170,506
2017 $5,844 $209,161 $45,900 $163,261
2016 $4,600 $164,623 $45,900 $118,723
2015 $4,120 $164,531 $45,900 $118,631
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2025 05/07/25 For Sale $360,000 -- $102 / Sq Ft
Source: Greater McAllen Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Edwards Abstract
Vendors Lien -- Security Land Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $148,325 Commercial
Previous Owner $168,425 FHA
Previous Owner $163,200 No Value Available
Previous Owner $131,200 Commercial
Source: Public Records

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See All Homes in Edinburg

Source: Greater McAllen Association of REALTORS®

MLS Number: 470687

Greater McAllen Association of REALTORS®

APN: Q3070-00-000-0027-00

Texas Hidalgo County Edinburg 78541

1504 Prosperity Dr, Edinburg, TX

This home is located at 1504 Prosperity Dr, Edinburg, TX 78541 and is currently priced at $360,000, approximately $101 per square foot. This property was built in 2003. 1504 Prosperity 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
Maria Guerra
Listing Agent
Maria Guerra
Section Image
Element Realty, Llc
(956) 673-0323