PENDING
$15K PRICE DROP
1609 Nassau St Edinburg, TX 78541
Estimated payment $2,833/month
Total Views
1,972
--
Bed
--
Bath
4,200
Sq Ft
$87
Price per Sq Ft
Highlights
- Gated Community
- Mature Trees
- Walk-In Closet
- Cavazos Elementary School Rated A-
- Double Pane Windows
- Slab Porch or Patio
About This Home
Prime investment opportunity in Edinburg featuring a recently renovated fourplex with four identical 2-bedroom/2-bathroom units on a 0.24-acre lot. This turnkey 4plex with modern updates throughout, including porcelain tile flooring, updated bathrooms, refreshed kitchens, and energy-efficient features such as double-pane windows and programmable thermostats, all designed to maximize rental appeal and minimize maintenance costs. Situated in an ideal location for attracting quality tenants, this fourplex provides exceptional convenience with University of Texas Rio Grande Valley main campus just minutes away. The property's strategic position offers easy access to major expressways, Vaqueros Stadium, diverse shopping and dining options, while being nestled in an established neighborhood — creating consistent rental demand from university faculty, staff, students, and local professionals seeking quality housing in this growing community.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,630
Year Built
- Built in 2005
Lot Details
- 10,367 Sq Ft Lot
- Wood Fence
- Mature Trees
HOA Fees
- $125 Monthly HOA Fees
Parking
- 2 Carport Spaces
Home Design
- Quadruplex
- Slab Foundation
- Shingle Roof
- Stucco
Interior Spaces
- Walk-In Closet
- 4,200 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Double Pane Windows
- Porcelain Tile
- Microwave
Laundry
- Laundry closet
- Dryer
- Washer
Schools
- Zavala Elementary School
- B.L. Garza Middle School
- Edinburg North High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- Cable TV Available
Additional Features
- Energy-Efficient Thermostat
- Slab Porch or Patio
Listing and Financial Details
- Assessor Parcel Number S686201000005800
Community Details
Overview
- 2 Buildings
- 4 Units
- Csw Owners Assocation Association
- Summer Winds Subdivision
Building Details
- Insurance Expense $1,200
- Gross Income $30,000
Security
- Gated Community
Map
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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 | $8,630 | $359,391 | $63,757 | $295,634 |
| 2023 | $7,870 | $328,000 | $63,757 | $264,243 |
| 2022 | $7,679 | $294,911 | $63,757 | $231,154 |
| 2021 | $7,424 | $274,170 | $63,757 | $210,413 |
| 2020 | $8,067 | $296,478 | $73,606 | $222,872 |
| 2019 | $7,056 | $254,063 | $49,243 | $204,820 |
| 2018 | $6,759 | $242,783 | $49,243 | $193,540 |
| 2017 | $5,950 | $212,938 | $51,835 | $161,103 |
| 2016 | $5,002 | $179,036 | $51,835 | $127,201 |
| 2015 | $4,683 | $180,376 | $51,835 | $128,541 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/15/2025 08/15/25 | Pending | -- | -- | -- |
| 07/18/2025 07/18/25 | Price Changed | $365,000 | -3.9% | $87 / Sq Ft |
| 05/15/2025 05/15/25 | For Sale | $380,000 | +46.7% | $90 / Sq Ft |
| 10/06/2017 10/06/17 | Sold | -- | -- | -- |
| 09/06/2017 09/06/17 | Pending | -- | -- | -- |
| 07/22/2017 07/22/17 | For Sale | $259,000 | +33.2% | $62 / Sq Ft |
| 07/20/2012 07/20/12 | Sold | -- | -- | -- |
| 05/30/2012 05/30/12 | Pending | -- | -- | -- |
| 05/11/2012 05/11/12 | For Sale | $194,500 | -- | $46 / Sq Ft |
Source: Greater McAllen Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Vendors Lien | -- | Capital Title | |
| Vendors Lien | -- | Landtitleusa Inc | |
| Trustee Deed | $231,909 | None Available | |
| Trustee Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Vendors Lien | -- | Edwards Abstract & Title Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $264,568 | VA | |
| Previous Owner | $150,525 | Commercial | |
| Previous Owner | $185,600 | Commercial | |
| Previous Owner | $23,200 | Commercial |
Source: Public Records
Similar Home in Edinburg, TX
Source: Greater McAllen Association of REALTORS®
MLS Number: 471378
APN: S6862-01-000-0058-00
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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.
Information deemed reliable but not guaranteed.
Copyright 2025 Greater McAllen Association of Realtors. All rights reserved.
Nearby Homes
- 1610 Orlando St
- 1606 Nassau St
- 1602 Nassau St
- 1600 Nassau St
- 1612 Tampa St
- 1618 Tampa St
- 1516 Tampa St
- 1406 Orlando St
- 1601 Tampa St
- 1607 Tampa St
- 1613 Tampa St
- 1619 Tampa St
- 1706 Phoenix St
- 1336 N McColl Rd
- 2311 Ambassador St
- 1321 Joscelyn Dr
- 2013 Aruba Dr
- 2600 W Chapin St
- 3007 W Chapin St
- 2408 Moonlight Ln