1902 Bahamas Dr Edinburg, TX 78541
Estimated payment $2,586/month
Highlights
- Mature Trees
- Covered Patio or Porch
- Tile Flooring
- Cavazos Elementary School Rated A-
- Laundry Room
- Central Heating and Cooling System
About This Home
Turnkey 4-Plex Investment in Prime Edinburg Location! Located just minutes from UTRGV and major shopping centers, this fully leased 4-plex at 1902 Bahamas Dr offers immediate cash flow in one of the Rio Grande Valley’s fastest-growing areas. Each unit is thoughtfully designed for comfort and convenience, making it ideal for long-term tenants. With all four units currently occupied, this is a ready-to-go investment opportunity for anyone looking to build or expand their portfolio. Low-maintenance exterior and solid rental history make this a smart buy in a high-demand rental market.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,834
Year Built
- Built in 2006
Lot Details
- 10,511 Sq Ft Lot
- Wood Fence
- Decorative Fence
- Mature Trees
HOA Fees
- $41 Monthly HOA Fees
Home Design
- Quadruplex
- Brick Exterior Construction
- Slab Foundation
- Shingle Roof
- Siding
Interior Spaces
- 3,780 Sq Ft Home
- 1-Story Property
- Tile Flooring
- Electric Cooktop
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- 8 Carport Spaces
- No Garage
Outdoor Features
- Covered Patio or Porch
Schools
- Cavazos Elementary School
- B.L. Garza Middle School
- Edinburg North High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number P323500000001900
Community Details
Overview
- 4 Units
- Paradise Estates HOA
- Paradise Estates Subdivision
Building Details
- Gross Income $36,300
Map
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 | $7,840 | $326,500 | $63,579 | $262,921 |
| 2023 | $7,528 | $313,769 | $63,579 | $250,190 |
| 2022 | $7,105 | $272,843 | $63,579 | $209,264 |
| 2021 | $6,677 | $246,602 | $63,579 | $183,023 |
| 2020 | $6,355 | $233,576 | $49,918 | $183,658 |
| 2019 | $6,495 | $233,885 | $49,918 | $183,967 |
| 2018 | $6,270 | $225,194 | $49,918 | $175,276 |
| 2017 | $6,115 | $218,866 | $47,291 | $171,575 |
| 2016 | $4,860 | $173,950 | $47,291 | $126,659 |
| 2015 | $4,895 | $171,229 | $47,291 | $123,938 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/03/2025 09/03/25 | For Sale | $349,998 | +40.0% | $93 / Sq Ft |
| 05/21/2016 05/21/16 | Sold | -- | -- | -- |
| 04/13/2016 04/13/16 | Pending | -- | -- | -- |
| 05/25/2015 05/25/15 | For Sale | $250,000 | -- | $66 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Sierra Title | |
| Warranty Deed | -- | None Available | |
| Special Warranty Deed | -- | None Available | |
| Trustee Deed | $2,693 | None Available | |
| Vendors Lien | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $183,000 | Commercial | |
| Previous Owner | $200,000 | Construction |
Source: Greater McAllen Association of REALTORS®
MLS Number: 480019
APN: P3235-00-000-0019-00
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.
- 2311 Ambassador St
- 1815 N Jackson Rd
- 1907 N Jackson Rd
- 2013 Aruba Dr
- 2100 Aruba Dr
- 1714 Nassau St
- 1802 N Jackson Rd
- 1606 Nassau St
- 2112 Saginaw Ave
- 1600 Nassau St
- 1609 Nassau St
- 1610 Orlando St
- 1618 Tampa St
- 1612 Tampa St
- 1619 Tampa St
- 1516 Tampa St
- 1607 Tampa St
- 1406 Orlando St
- 1613 Tampa St
- 1601 Tampa St
- 1908 Bahamas Dr Unit 4
- 1908 Bahamas Dr Unit 2
- 2402 Tahiti Dr Unit 2
- 2004 Bahamas Dr Unit 4
- 2010 Bahamas Dr Unit 2
- 2020 Aruba Dr Unit 8
- 2102 Bahamas Dr Unit 4
- 2117 Aruba Dr
- 2117 Aruba Dr
- 1702 Orlando St Unit C
- 2019 W Chippewa Ave
- 1413 Nassau St Unit D
- 2714 W Mile 17 1 2 Rd Unit 19
- 2608 Phoenix St
- 2213 W Candlelight Ln Unit 4
- 2606 Phoenix St
- 2706 Phoenix St Unit th
- 2220 W Candlelight Ln Unit 2
- 2214 Candlelight Ln
- 2716 Phoenix St