520 Downing Ave Edinburg, TX 78539
Estimated payment $3,695/month
Total Views
1,470
--
Bed
--
Bath
4,288
Sq Ft
$122
Price per Sq Ft
Highlights
- Gated Community
- Corner Lot
- Laundry Room
- Trevino Elementary School Rated A-
- Slab Porch or Patio
- Tile Flooring
About This Home
Prime Income-Generating 4-Plex in Monmack Landing!
Seize the opportunity to own a fully occupied, income-producing 4-plex in a highly desirable gated community in Edinburg. Strategically located near UTRGV, top dining spots, major expressways, and shopping centers – ensuring consistent tenant demand. Plus, tenants cover their own utilities, maximizing your cash flow. Don’t miss out – schedule your private tour today!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,409
Year Built
- Built in 2018
Lot Details
- 10,576 Sq Ft Lot
- Privacy Fence
- Wood Fence
- Corner Lot
- Sprinkler System
HOA Fees
- $42 Monthly HOA Fees
Home Design
- Quadruplex
- Brick Exterior Construction
- Slab Foundation
- Composition Shingle Roof
- Stone
Interior Spaces
- 4,288 Sq Ft Home
- 1-Story Property
- Tile Flooring
- Fire and Smoke Detector
Kitchen
- Electric Range
- Microwave
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- 8 Carport Spaces
- No Garage
Outdoor Features
- Slab Porch or Patio
Schools
- Cavazos 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 M566501000005000
Community Details
Overview
- 2 Buildings
- 4 Units
- Mon Mack Landing Association
- Mon Mack Landing Subdivision
Building Details
- Insurance Expense $375
- Maintenance Expense $100
- Gross Income $4,125
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 | $12,232 | $509,430 | $79,316 | $430,114 |
2023 | $12,078 | $503,388 | $72,970 | $430,418 |
2022 | $10,409 | $399,716 | $72,970 | $326,746 |
2021 | $9,766 | $360,671 | $72,970 | $287,701 |
2020 | $9,896 | $363,718 | $72,970 | $290,748 |
2019 | $6,154 | $221,588 | $80,902 | $140,686 |
2018 | $1,899 | $68,211 | $68,211 | $0 |
Source: Public Records
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/25/2025 07/25/25 | Price Changed | $525,000 | -2.8% | $122 / Sq Ft |
05/13/2025 05/13/25 | For Sale | $540,000 | +10.2% | $126 / Sq Ft |
03/17/2023 03/17/23 | Sold | -- | -- | -- |
01/30/2023 01/30/23 | Pending | -- | -- | -- |
01/15/2023 01/15/23 | For Sale | $490,000 | -- | $114 / Sq Ft |
Source: Greater McAllen Association of REALTORS®
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Deed | -- | Capital Title | |
Warranty Deed | -- | Edwards Abstract And Title C |
Source: Public Records
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $452,207 | FHA | |
Previous Owner | $126,450 | New Conventional | |
Previous Owner | $259,329 | Purchase Money Mortgage |
Source: Public Records
Source: Greater McAllen Association of REALTORS®
MLS Number: 471179

APN: M5665-01-000-0050-00
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