$479,000
PENDING $20K PRICE DROP

2711 Larkspur Ave Edinburg, TX 78541

Estimated payment $3,721/month

Total Views 2,420
-- Bed
-- Bath
4,698 Sq Ft
$102 Price per Sq Ft

Highlights

  • No HOA
  • Walk-In Closet
  • Closed Circuit Camera
  • Covered Patio or Porch
  • Laundry closet
  • Porcelain Tile

About This Home

Nestled in the vibrant and rapidly growing region of South Texas, this exceptional fourplex offers two units with 2 beds and 2 baths, and two more units with 3 beds and 2 baths. Situated in a prime location that combines urban conveniences with a touch of suburban tranquility, the fourplex is poised for rapid appreciation in the city of Edinburg. Rental demand is robust, supported by the proximity to major employers, educational institutions, and recreational facilities.A rare find in today’s market, this property comes with an assumable loan option, allowing the new owner to step into the existing mortgage with favorable terms. The assumable FHA loan featuring an interest rate of 3.625%, significantly below the current market average. This opportunity not only reduces the buyer’s initial financing hurdles but also enhances the long-term investment potential by locking in a lower rate.

Listing Agent

Francisco Gonzalez-Ortega

Monarca Real Estate Group Llc Listed on: 01/08/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,396

Year Built

  • Built in 2021

Lot Details

  • 0.26 Acre Lot
  • Sprinkler System

Home Design

  • Quadruplex
  • Slab Foundation
  • Composition Shingle Roof
  • Stucco

Interior Spaces

  • Walk-In Closet
  • 4,698 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Porcelain Tile

Kitchen

  • Stove
  • Microwave

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

  • Closed Circuit Camera
  • Fire and Smoke Detector

Parking

  • Garage
  • 8 Carport Spaces
  • Rear-Facing Garage

Outdoor Features

  • Covered Patio or Porch

Schools

  • Zavala 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 M256000000004500

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units
  • Mccoll Manor Subdivision

Building Details

  • Insurance Expense $385
  • Maintenance Expense $100
  • Gross Income $56,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,396

Year Built

Built in 2021

Lot Details

0

Listing Details

  • Directions: Major streets are Rogers and McColl Rd.
  • Year Built: 2021
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2571
  • Road Surface Type: Paved
  • Subdivision Name: Mccoll Manor
  • Carport Y N: Yes
  • Garage Yn: No
  • New Construction: No
  • Efficiency: None
  • Building Stories: 1
  • GMAR_Escrow: 4000
  • Special Features: None
  • Stories: 1

Interior Features

  • Roof: Composition Shingle
  • Appliances: Electric Water Heater, Water Heater (None), Dryer, Refrigerator, Stove/Range, Washer
  • Flooring: Porcelain Tile
  • Living Area: 4698

Exterior Features

  • Exterior Features: Other, Sprinkler System
  • Interior Amenities: Ceiling Fan(s), Dryer, Microwave, Walk-In Closet(s), Washer
  • Fencing: None
  • Lot Features: Curb & Gutters, Sidewalks
  • 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: Attached, Garage Faces Rear
  • Total Parking Spaces: 8

Utilities

  • Laundry Features: Laundry Closet, Washer/Dryer Connection
  • Security: Closed Circuit Camera(s), Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: City Sewer

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights
  • Association: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 11198.8404
  • Parcel #: M256000000004500
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Buildings: 2

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 13396

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Annual Gross Income: 56400
  • Insurance Expense: 385

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 $13,407 $558,342 $109,200 $449,142
2023 $13,509 $563,038 $109,200 $453,838
2022 $10,647 $408,879 $64,960 $343,919
2021 $1,759 $64,960 $64,960 $0
2020 $1,524 $56,000 $56,000 $0
2019 $1,555 $56,000 $56,000 $0
2018 $1,559 $56,000 $56,000 $0
2017 $1,252 $44,800 $44,800 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2025 05/11/25 Pending -- -- --
04/12/2025 04/12/25 Price Changed $479,000 -2.0% $102 / Sq Ft
02/18/2025 02/18/25 Price Changed $489,000 -2.0% $104 / Sq Ft
01/08/2025 01/08/25 For Sale $499,000 -- $106 / Sq Ft
Source: Greater McAllen Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Vendors Lien -- Valley Land Title
Warranty Deed -- Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $409,627 FHA
Closed $264,600 Construction
Source: Public Records

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Source: Greater McAllen Association of REALTORS®

MLS Number: 458298

Greater McAllen Association of REALTORS®

APN: M2560-00-000-0045-00

Texas Hidalgo County Edinburg 78541

2711 Larkspur Ave, Edinburg, TX

This home is located at 2711 Larkspur Ave, Edinburg, TX 78541 and is currently priced at $479,000, approximately $101 per square foot. This property was built in 2021. 2711 Larkspur Ave is a home located in Hidalgo County with nearby schools including Zavala Elementary School, B L Garza Middle School, and Edinburg North High School.

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Nearby Homes
Listing Agent
Francisco Gonzalez-Ortega
Section Image
Monarca Real Estate Group Llc
(956) 903-2991