$489,900

409 Downing Ave Edinburg, TX 78539

Estimated payment $3,474/month

Total Views 205
-- Bed
-- Bath
4,080 Sq Ft
$120 Price per Sq Ft

Highlights

  • High Ceiling
  • Walk-In Closet
  • Laundry closet
  • Trevino Elementary School Rated A-
  • Slab Porch or Patio
  • Tile Flooring

About This Home

Fourplex available for sale! This well-maintained property features two spacious 3-bedroom, 2-bath units and two 2-bedroom, 2-bath units. Each unit includes tile flooring throughout and comes fully equipped with all appliances (refrigerator, stove, microwave, washer and dryer). Ideal opportunity for investors, first-time buyers interested in house hacking, or anyone looking to expand their real estate portfolio. Property is move-in ready—schedule your showing today!

Listing Agent

Preshina Samtani

Key Realty Listed on: 08/15/2025

Key Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,991

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
  • Slab Foundation
  • Shingle Roof
  • Stucco
  • Stone

Interior Spaces

  • Walk-In Closet
  • 4,080 Sq Ft Home
  • High Ceiling
  • Ceiling Fan
  • Tile Flooring
  • Fire and Smoke Detector

Kitchen

  • Electric Cooktop
  • Microwave

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 8 Carport Spaces
  • No Garage

Schools

  • Trevino Elementary School
  • Longoria Middle School
  • Vela High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Energy-Efficient Thermostat
  • Slab Porch or Patio

Listing and Financial Details

  • Assessor Parcel Number M566501000005800

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Home Key Property Management Association
  • Mon Mack Landing Subdivision

Building Details

  • Insurance Expense $1,800
  • Maintenance Expense $3,000
  • Gross Income $47,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,991

Year Built

Built in 2017

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Directions: Heading north on 10t St, make a right on Sprague St. Left on Mon Mack Rd. Left on Garfield Ave. Right on Downing Ave.
  • Year Built: 2017
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2314
  • Road Surface Type: Paved
  • Subdivision Name: Mon Mack Landing
  • Carport Y N: Yes
  • Garage Yn: No
  • Efficiency: Thermostat
  • GMAR_Escrow: 5000
  • Special Features: None
  • Stories: 0

Interior Features

  • Roof: Shingle
  • Appliances: Electric Water Heater, Smooth Electric Cooktop, Dryer, Microwave, Refrigerator, Washer
  • Flooring: Tile
  • Living Area: 4080

Exterior Features

  • Exterior Features: Sprinkler System
  • Interior Amenities: Ceiling Fan(s), Decorative/High Ceilings, Dryer, Microwave, Walk-In Closet(s), Washer
  • Fencing: Privacy, Wood
  • Lot Features: Alley, Curb & Gutters, Sidewalks
  • Home Warranty: No
  • Construction Type: Stone, Stucco
  • Foundation Details: Slab
  • Other Structures: Outbuilding (None)
  • Patio And Porch Features: Patio, Patio Slab
  • Pool YN: No

Garage/Parking

  • Carport Spaces: 8
  • Covered Parking Spaces: 8
  • Parking Features: No Garage
  • Total Parking Spaces: 8

Utilities

  • Laundry Features: Laundry Area
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights
  • Amenities: Property Owners' Assoc.
  • Association Fee: 500
  • Association Fee Frequency: Annually
  • Association Name: Home Key Property Management
  • Association: Yes

Schools

  • Elementary School: Trevino
  • High School: Vela H.S.
  • Junior High Dist: Edinburg ISD
  • Middle Or Junior School: Longoria

Lot Info

  • Lot Size Sq Ft: 10079.784
  • Parcel #: M566501000005800

Building Info

  • Buildings: 2

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 9991

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Annual Gross Income: 47400
  • Insurance Expense: 1800

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

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 $9,639 $471,778 $75,600 $396,178
2023 $11,550 $481,406 $69,552 $411,854
2022 $8,387 $322,077 $69,552 $252,525
2021 $8,615 $318,161 $69,552 $248,609
2020 $8,744 $321,387 $69,552 $251,835
2019 $8,708 $313,548 $77,112 $236,436
2018 $8,822 $316,857 $65,016 $251,841
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2025 08/15/25 For Sale $489,900 -- $120 / Sq Ft
Source: Greater McAllen Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Vendors Lien -- Edwards Abstract And Title C
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $218,560 Commercial
Closed $0 Construction
Source: Public Records

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    Section Image

Source: Greater McAllen Association of REALTORS®

MLS Number: 474634

Greater McAllen Association of REALTORS®

APN: M5665-01-000-0058-00