408 Teague Ave Edinburg, TX 78539
Estimated payment $3,649/month
Total Views
876
--
Bed
--
Bath
3,960
Sq Ft
$126
Price per Sq Ft
Highlights
- Gated Community
- Furnished
- Double Pane Windows
- Trevino Elementary School Rated A-
- Covered Patio or Porch
- Laundry closet
About This Home
Low-Rate Assumable Mortgage + Turnkey 4-Plex in Edinburg, TX! Take advantage of a low-rate assumable mortgage with this cash-flowing short-term rental property on Airbnb. Featuring four spacious 2-bed, 2-bath units, this 4-plex outperforms traditional rentals—generating up to 60% more income. Located near UTRGV, restaurants, shopping, and medical centers, it offers strong occupancy and consistent cash flow. Low-maintenance, high-return investment with option to purchase fully furnished. A rare opportunity to build long-term wealth with immediate income potential. Furniture is included with the sale.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,661
Year Built
- Built in 2017
Lot Details
- 10,080 Sq Ft Lot
- Privacy Fence
- Wood Fence
- Sprinkler System
HOA Fees
- $42 Monthly HOA Fees
Home Design
- Quadruplex
- Brick Exterior Construction
- Slab Foundation
- Shingle Roof
Interior Spaces
- 3,960 Sq Ft Home
- 1-Story Property
- Furnished
- Double Pane Windows
- Porcelain Tile
- Fire and Smoke Detector
- Electric Range
Laundry
- Laundry closet
- Dryer
- Washer
Parking
- Garage
- 8 Carport Spaces
- Rear-Facing Garage
Schools
- Trevino Elementary School
- South Middle School
- Vela High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Additional Features
- Energy-Efficient Thermostat
- Covered Patio or Porch
Listing and Financial Details
- Assessor Parcel Number M566501000006200
Community Details
Overview
- 2 Buildings
- 2 Units
- Mon Mack Landing Llc Association
- Mon Mack Landing Subdivision
Building Details
- Insurance Expense $2,500
- Maintenance Expense $17,000
- Gross Income $76,000
Security
- Gated Community
Map
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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 | $10,661 | $444,000 | $75,600 | $368,400 |
| 2023 | $10,557 | $440,000 | $69,552 | $370,448 |
| 2022 | $10,029 | $385,135 | $69,552 | $315,583 |
| 2021 | $9,368 | $345,965 | $69,552 | $276,413 |
| 2020 | $7,944 | $291,990 | $69,552 | $222,438 |
| 2019 | $7,927 | $285,434 | $77,112 | $208,322 |
| 2018 | $4,215 | $151,381 | $65,016 | $86,365 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/02/2025 07/02/25 | For Sale | $499,000 | +40.6% | $126 / Sq Ft |
| 12/17/2019 12/17/19 | Sold | -- | -- | -- |
| 11/28/2019 11/28/19 | Pending | -- | -- | -- |
| 10/24/2019 10/24/19 | For Sale | $355,000 | -- | $91 / Sq Ft |
Source: Greater McAllen Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | -- | Simplifile | |
| Warranty Deed | -- | Simplifile | |
| Vendors Lien | -- | Landtitle Texas Llc | |
| Warranty Deed | -- | San Jacinto Title | |
| Special Warranty Deed | -- | Landtitle Texas Llc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $343,600 | FHA |
Source: Public Records
Similar Home in Edinburg, TX
Source: Greater McAllen Association of REALTORS®
MLS Number: 475030
APN: M5665-01-000-0062-00
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.
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