3707 W Zelma St Edinburg, TX 78541
Estimated payment $3,876/month
Highlights
- High Ceiling
- No HOA
- Laundry closet
- Cavazos Elementary School Rated A-
- Slab Porch or Patio
- Tile Flooring
About This Home
Introducing a fantastic investment opportunity at 3707 Zelma Ave, Edinburg, Texas! This well-maintained multifamily complex consists of two buildings, each featuring three units, with a total of six units—each offering two bedrooms and two bathrooms. Built in 2003, this property is ideally located near the University of Texas, making it perfect for attracting students and professionals alike.
Each unit boasts tiled floors for easy maintenance and includes two dedicated parking spaces in carports. The buildings have composite shingles, adding durability and style. Currently, five out of the six units are occupied, providing immediate rental income.
Don’t miss out on this chance to invest in a thriving area with great potential for growth. Whether you’re an experienced investor or just starting, this property is a must-see!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,854
Year Built
- Built in 2003
Lot Details
- 0.29 Acre Lot
- Partially Fenced Property
- Wood Fence
Home Design
- Brick Exterior Construction
- Slab Foundation
- Composition Shingle Roof
Interior Spaces
- 6,048 Sq Ft Home
- 1-Story Property
- High Ceiling
- Ceiling Fan
- Tile Flooring
Laundry
- Laundry closet
- Washer and Dryer Hookup
Parking
- Garage
- 12 Carport Spaces
- Rear-Facing Garage
- Side Facing Garage
Outdoor Features
- Slab Porch or Patio
Schools
- Flores-Zapata Elementary School
- B.L. Garza Middle School
- Edinburg High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number M572002000000500
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 6 Units
- Mon Mack Terrace #2 Subdivision
Building Details
- Maintenance Expense $85
- Gross Income $55,200
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 | $11,854 | $493,690 | $75,625 | $418,065 |
| 2023 | $11,281 | $470,181 | $75,625 | $394,556 |
| 2022 | $11,233 | $431,359 | $75,625 | $355,734 |
| 2021 | $9,536 | $352,167 | $75,625 | $276,542 |
| 2020 | $9,650 | $354,672 | $60,373 | $294,299 |
| 2019 | $9,483 | $341,481 | $60,373 | $281,108 |
| 2018 | $9,362 | $336,264 | $60,373 | $275,891 |
| 2017 | $8,769 | $313,847 | $44,485 | $269,362 |
| 2016 | $8,179 | $292,713 | $44,485 | $248,228 |
| 2015 | $6,336 | $282,004 | $44,485 | $237,519 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/20/2025 08/20/25 | For Sale | $530,000 | -- | $88 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available |
Source: Greater McAllen Association of REALTORS®
MLS Number: 478927
APN: M5720-02-000-0005-00
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.
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