$535,000

3301 S Colt Ln Edinburg, TX 78539

Estimated payment $4,089/month

Total Views 65,806
-- Bed
-- Bath
4,320 Sq Ft
$124 Price per Sq Ft

Highlights

  • Gated Community
  • Cul-De-Sac
  • Tile Flooring
  • Canterbury Elementary School Rated A
  • Laundry closet
  • Central Heating and Cooling System

About This Home

This fantastic 4-plex for sale in Edinburg is located in a prime, gated luxury community, offering both elegance and security. The property features four well-appointed 2-bedroom units—two in the front and two in the back—providing a flexible layout for any investor. The best part? It’s FULLY LEASED, offering immediate rental income from day one. With modern finishes, spacious living areas, and a highly desirable location, this property is a rare investment opportunity in one of Edinburg's most sought-after neighborhoods.

Listing Agent

Gema Hernandez

Fox Real Estate Pros Listed on: 05/09/2025

Fox Real Estate Pros

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,306

Year Built

  • Built in 2022

Lot Details

  • 10,200 Sq Ft Lot
  • Cul-De-Sac
  • Wood Fence
  • Sprinkler System

HOA Fees

  • $65 Monthly HOA Fees

Home Design

  • Quadruplex
  • Slab Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 4,320 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Tile Flooring
  • Fire and Smoke Detector

Kitchen

  • Convection Oven
  • Electric Range
  • Microwave

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • Garage
  • 8 Carport Spaces
  • Front Facing Garage

Schools

  • Canterbury Elementary School
  • South Middle School
  • Vela High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number N115000000002100

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Magnolia Association
  • New Castle Subdivision

Building Details

  • Insurance Expense $1,756
  • Maintenance Expense $150
  • Gross Income $57,044

Security

  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,306

Year Built

Built in 2022

Lot Details

0

HOA Fees

$65 per month

Listing Details

  • Directions: From intersection of McColl Rd & Wisconsin, head east on Wisconsin, Turn right on Colt Ln, Property on the right side.
  • Year Built: 2022
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2342
  • Road Surface Type: Paved
  • Subdivision Name: New Castle
  • Carport Y N: Yes
  • Garage Yn: No
  • Efficiency: None
  • Building Stories: 1
  • GMAR_Escrow: 5400
  • Special Features: None
  • Stories: 1

Interior Features

  • Roof: Shingle
  • Appliances: Electric Water Heater, Dryer, Convection Oven, Refrigerator, Stove/Range-Electric Smooth, Washer
  • Flooring: Tile
  • Living Area: 4320

Exterior Features

  • Exterior Features: Other, Sprinkler System
  • Interior Amenities: Ceiling Fan(s), Dryer, Microwave, Washer
  • Fencing: Wood
  • Lot Features: Cul-De-Sac, Sidewalks, 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: Garage Faces Front
  • Total Parking Spaces: 8

Utilities

  • Laundry Features: Laundry Closet
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: City Sewer

Condo/Co-op/Association

  • Community Features: Gated
  • Amenities: Property Owners' Assoc.
  • Association Fee: 775
  • Association Fee Frequency: Annually
  • Association Name: MAGNOLIA
  • Association: Yes

Schools

  • Elementary School: Canterbury
  • High School: Vela H.S.
  • Junior High Dist: Edinburg ISD
  • Middle Or Junior School: South Middle School

Lot Info

  • Lot Size Sq Ft: 10200.0096
  • Parcel #: N115000000002100
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Buildings: 2

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 13306

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Annual Gross Income: 57044
  • Insurance Expense: 1756

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

Property History

Date Event Price Change Sq Ft Price
05/09/2025 05/09/25 For Sale $535,000 -- $124 / Sq Ft
Source: Greater McAllen Association of REALTORS®

About the Listing Agent

Gema Hernandez

Fox Real Estate Pros

(956) 663-3653

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Source: Greater McAllen Association of REALTORS®

MLS Number: 466644

Greater McAllen Association of REALTORS®