$479,000

2714 Primrose Dr Progreso Lakes, TX 78596

Estimated payment $2,853/month

-- Bed
-- Bath
4,200 Sq Ft
$114 Price per Sq Ft

Highlights

  • Gated Community
  • Walk-In Closet
  • Tile Flooring
  • Cul-De-Sac
  • Laundry Room
  • Central Heating and Cooling System

About This Home

Fully leased and ideally positioned, this exceptional multi-family investment is located in a sought-after subdivision just minutes from Expressway 83, highly rated schools, shopping, and dining. These newly constructed fourplexes feature modern architecture, strong tenant demand, and immediate income potential. Each unit offers a bright, open-concept floor plan accented by stylish wood-look tile flooring and a contemporary kitchen complete with custom cabinetry, quartz countertops, and a large island designed for both storage and functionality. Spacious bedrooms include oversized closets, while the primary suites showcase a sleek frameless glass shower and walk-in closet. Additional amenities include private fenced backyards for every unit, stainless steel appliances, in-unit washer and dryer, and covered carport parking. This low-maintenance, high-demand property presents an excellent opportunity for investors seeking long-term value in a rapidly growing area.

Listing Agent

Jada Cavazos

Veale Properties Listed on: 12/29/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,692

Year Built

  • Built in 2025

Lot Details

  • 0.33 Acre Lot
  • Cul-De-Sac
  • Wood Fence
  • Sprinkler System

HOA Fees

  • $42 Monthly HOA Fees

Home Design

  • Quadruplex
  • Slab Foundation
  • Composition Shingle Roof
  • Stucco

Interior Spaces

  • Walk-In Closet
  • 4,200 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Microwave

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 8 Carport Spaces
  • No Garage

Schools

  • Memorial Elementary School
  • Beatrize Garza Middle School
  • Weslaco High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number R314801000000500

Community Details

Overview

  • 3 Buildings
  • 4 Units
  • Rio Stone Ph. 1 Subdivision

Security

  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,692

Year Built

Built in 2025

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Directions: Go south on S. Milanos Road and take a right on N 6 1/2 N. Rd take the 1st left into Rio Stone Subdivision Phase 1.
  • Year Built: 2025
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.3264
  • Road Surface Type: Paved
  • Subdivision Name: Rio Stone Ph. 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Efficiency: None
  • Building Stories: 1
  • Special Features: NewHome
  • Stories: 1

Interior Features

  • Roof: Composition Shingle
  • Appliances: Electric Water Heater, Dryer, Microwave, Refrigerator, Stove/Range-Electric Coil, Washer
  • Flooring: Tile
  • Living Area: 4200

Exterior Features

  • Exterior Features: None
  • Interior Amenities: Microwave, Walk-In Closet(s)
  • Fencing: Wood
  • Lot Features: Cul-De-Sac, Sprinkler System
  • Home Warranty: No
  • Construction Type: Stucco
  • Foundation Details: Slab
  • Other Structures: Outbuilding (None)
  • Pool YN: No

Garage/Parking

  • Carport Spaces: 8
  • Covered Parking Spaces: 8
  • Parking Features: Detached, No Garage

Utilities

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

Condo/Co-op/Association

  • Community Features: Curbs, Gated, Street Lights
  • Amenities: Property Owners' Assoc.
  • Association Fee: 500
  • Association Fee Frequency: Annually
  • Association Name: TBD
  • Association: Yes

Schools

  • Elementary School: Memorial
  • High School: Weslaco H.S.
  • Junior High Dist: Weslaco ISD
  • Middle Or Junior School: Beatrize Garza

Lot Info

  • Lot Size Sq Ft: 14217.984
  • Parcel #: R314801000000500

Building Info

  • Buildings: 3

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 3692

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 List to Sale Price per Sq Ft
12/29/2025 12/29/25 For Sale $479,000 -- $114 / Sq Ft
Source: Greater McAllen Association of REALTORS®

Source: Greater McAllen Association of REALTORS®

MLS Number: 490758

Greater McAllen Association of REALTORS®
Texas Hidalgo County Progreso Lakes 78596

2714 Primrose Dr, Progreso Lakes, TX

For Sale

MultiFamily

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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
Jada Cavazos
Listing Agent
Jada Cavazos
Section Image
Veale Properties
(956) 695-1690