601 La Mancha Dr Edinburg, TX 78541
Estimated payment $2,480/month
Total Views
2,526
--
Bed
--
Bath
3,808
Sq Ft
$97
Price per Sq Ft
Highlights
- Mature Trees
- No HOA
- Slab Porch or Patio
- High Ceiling
- Home Office
- Laundry Room
About This Home
Wonderful opportunity to invest in Edinburg, a well kept fourplex just minutes away from UTRGV and main business centers off University Drive in North Edinburg. This established community has mature trees and high occupancy year round. Tenants pay their water and light, only expenses are grass trim and trash bin, common area light meter. Take advantage of this low expense/low maintenance property already 100% occupied! Send an offer, spacious units all tile floors, with front and back entrances, private patios, built-in desks, large kitchen with plenty of counterspace and cabinets. All units occupied. Showings only at tenants' convenience, with a pre-qualified letter.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,753
Year Built
- Built in 2004
Lot Details
- 0.3 Acre Lot
- Privacy Fence
- Wood Fence
- Mature Trees
Parking
- 1 Carport Space
Home Design
- Quadruplex
- Brick Exterior Construction
- Slab Foundation
- Composition Shingle Roof
Interior Spaces
- 3,808 Sq Ft Home
- 1-Story Property
- High Ceiling
- Ceiling Fan
- Home Office
- Tile Flooring
- Electric Cooktop
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Slab Porch or Patio
Schools
- De La Vina Elementary School
- B.L. Gray Junior High
- Edinburg North High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number L626901000002400
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 2 Units
- Los Molinos Subdivision
Building Details
- Insurance Expense $1,600
- Maintenance Expense $850
- Gross Income $33,550
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 | $8,420 | $350,640 | $81,144 | $269,496 |
| 2023 | $7,918 | $330,000 | $81,144 | $248,856 |
| 2022 | $8,479 | $325,627 | $81,144 | $244,483 |
| 2021 | $5,911 | $218,313 | $99,820 | $118,493 |
| 2020 | $5,761 | $211,749 | $99,820 | $111,929 |
| 2019 | $5,737 | $206,584 | $99,820 | $106,764 |
| 2018 | $6,279 | $225,519 | $99,820 | $125,699 |
| 2017 | $6,465 | $231,369 | $107,226 | $124,143 |
| 2016 | $5,359 | $191,787 | $71,484 | $120,303 |
| 2015 | $5,219 | $192,476 | $71,484 | $120,992 |
| 2014 | $5,219 | $186,730 | $64,400 | $122,330 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/27/2025 07/27/25 | Price Changed | $368,000 | -1.1% | $97 / Sq Ft |
| 05/15/2025 05/15/25 | Price Changed | $372,000 | -2.1% | $98 / Sq Ft |
| 03/01/2025 03/01/25 | For Sale | $380,000 | +26.7% | $100 / Sq Ft |
| 12/22/2021 12/22/21 | Sold | -- | -- | -- |
| 10/26/2021 10/26/21 | Pending | -- | -- | -- |
| 10/19/2021 10/19/21 | Price Changed | $300,000 | -13.0% | $79 / Sq Ft |
| 07/23/2021 07/23/21 | For Sale | $345,000 | -- | $91 / Sq Ft |
Source: Greater McAllen Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Vendors Lien | -- | Edwards Abstract And Ttl Co | |
| Vendors Lien | -- | None Available | |
| Warranty Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $236,000 | Purchase Money Mortgage | |
| Previous Owner | $172,500 | Commercial | |
| Previous Owner | $198,000 | Commercial |
Source: Public Records
Similar Home in Edinburg, TX
Source: Greater McAllen Association of REALTORS®
MLS Number: 464025
APN: L6269-01-000-0024-00
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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