$580,000
$170K PRICE DROP

3503 E Texas Rd Edinburg, TX 78542

Estimated payment $3,648/month

Total Views 2,167
-- Bed
-- Bath
6,080 Sq Ft
$95 Price per Sq Ft

Highlights

  • No HOA
  • Tile Flooring
  • Ceiling Fan
  • Window Unit Cooling System

About This Home

Prime Investment Opportunity – Fully Leased 10-Unit Multi-Family Property.

Discover this exceptional 10-unit multi-family property in a prime Edinburg location, offering a stable and high-yield investment. Fully leased with long-term tenants, this property ensures consistent cash flow and strong returns.

Situated near the expressway, Edinburg Municipal Park, top-rated schools, and major thoroughfares, this location provides high rental demand and easy accessibility. Whether you’re expanding your portfolio or seeking a reliable income-producing asset, this property is a smart investment in a thriving market.

Don't miss out on this opportunity!

Listing Agent

Claudia Garza

Imperio Real Estate Llc Listed on: 04/02/2025

Imperio Real Estate Llc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,229

Year Built

  • Built in 1990

Lot Details

  • 1.51 Acre Lot

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 6,080 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Tile Flooring
  • Fire and Smoke Detector
  • Stove

Parking

  • Garage
  • Front Facing Garage

Schools

  • Cano-Gonzales Elementary School
  • Barrientes Middle School
  • Edinburg High School

Utilities

  • Window Unit Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number Y250000000001600

Community Details

Overview

  • No Home Owners Association
  • Yokum Subdivision

Building Details

  • Insurance Expense $4,500
  • Maintenance Expense $8,120
  • Gross Income $72,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,229

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Directions: go north on Cesar Chavez and turn left on Texas Rd. Property will be to your right before getting to Doolittle
  • Year Built: 1990
  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 1.51
  • Road Surface Type: Paved
  • Subdivision Name: Yokum
  • Carport Y N: No
  • Garage Yn: No
  • Efficiency: Other
  • Building Stories: 2
  • GMAR_Escrow: 7500
  • Special Features: None
  • Stories: 2

Interior Features

  • Roof: Shingle
  • Appliances: Electric Water Heater, Refrigerator, Stove/Range
  • Flooring: Tile
  • Living Area: 6080

Exterior Features

  • Exterior Features: Other
  • Interior Amenities: Ceiling Fan(s)
  • Fencing: Other
  • Home Warranty: No
  • Construction Type: Brick
  • Foundation Details: Slab
  • Other Structures: Outbuilding (None)
  • Pool YN: No

Garage/Parking

  • Parking Features: Garage Faces Front

Utilities

  • Laundry Features: None
  • Security: Smoke Detector(s)
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Sewer: City Sewer

Condo/Co-op/Association

  • Community Features: Other
  • Association: No

Schools

  • Elementary School: Cano-Gonzales
  • High School: Edinburg H.S.
  • Junior High Dist: Edinburg ISD
  • Middle Or Junior School: Barrientes

Lot Info

  • Lot Size Sq Ft: 65776.0356
  • Parcel #: Y250000000001600

Building Info

  • Buildings: 1

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 5229

Multi Family

  • Number Of Units In Community: 1
  • Number Of Units Total: 10
  • Annual Gross Income: 72000
  • Insurance Expense: 4500

Map

Range of Values:

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Average Value
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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 $5,229 $300,000 $133,196 $166,804
2023 $4,373 $245,000 $147,995 $97,005
2022 $7,254 $366,059 $147,995 $218,064
2021 $6,460 $315,499 $147,995 $167,504
2020 $6,147 $297,618 $141,418 $156,200
2019 $6,500 $299,848 $141,418 $158,430
2018 $6,452 $296,308 $141,418 $154,890
2017 $3,962 $180,982 $40,648 $140,334
2016 $4,056 $185,286 $40,648 $144,638
2015 $4,414 $189,304 $40,648 $148,656
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2025 07/21/25 For Sale $579,900 0.0% $95 / Sq Ft
06/17/2025 06/17/25 Price Changed $580,000 -7.2% $95 / Sq Ft
05/21/2025 05/21/25 Price Changed $625,000 -9.4% $103 / Sq Ft
05/05/2025 05/05/25 Price Changed $690,000 -8.0% $113 / Sq Ft
04/02/2025 04/02/25 For Sale $750,000 -- $123 / Sq Ft
Source: Greater McAllen Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- San Jacinto Title Svcs Mcall
Special Warranty Deed -- None Available
Special Warranty Deed -- None Available
Warranty Deed -- None Available
Source: Public Records

Source: Greater McAllen Association of REALTORS®

MLS Number: 466630

Greater McAllen Association of REALTORS®

APN: Y2500-00-000-0016-00

Texas Hidalgo County Edinburg 78542

3503 E Texas Rd, Edinburg, TX

This home is located at 3503 E Texas Rd, Edinburg, TX 78542 and is currently priced at $580,000, approximately $95 per square foot. This property was built in 1990. 3503 E Texas Rd is a home with nearby schools including Cano-Gonzalez Elementary School, Francisco Barrientes Middle School, and Edinburg High School.

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.

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.

Information deemed reliable but not guaranteed.

Copyright 2025 Greater McAllen Association of Realtors. All rights reserved.

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Claudia Garza
Listing Agent
Claudia Garza
Section Image
Imperio Real Estate Llc
(956) 857-0946