601 La Mancha Dr Edinburg, TX 78541
Estimated payment $2,739/month
Total Views
2,351
--
Bed
--
Bath
3,808
Sq Ft
$97
Price per Sq Ft
Highlights
- Patio
- 1-Story Property
- 1 Car Garage
- Tile Flooring
- Central Heating
- Privacy Fence
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.
Listing Agent
MARCUS PHIPPS REAL ESTATE, LLC Brokerage Phone: 9564235300 License #TREC # 0515302 Listed on: 07/27/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,420
Year Built
- Built in 2004
Lot Details
- 0.3 Acre Lot
- Privacy Fence
Parking
- 1 Car Garage
- Carport
- On-Street Parking
- Open Parking
Home Design
- Brick Exterior Construction
- Slab Foundation
Interior Spaces
- 3,808 Sq Ft Home
- 1-Story Property
- Tile Flooring
Laundry
- Dryer
- Washer
Outdoor Features
- Patio
Schools
- De La Vina Elementary School
- B.L. Gray Jr. High Middle School
- Edinburg North High School
Utilities
- Central Heating
- Electric Water Heater
Community Details
- 4 Units
- Los Molinos Ph 1 Subdivision
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: Rio Grande Valley Multiple Listing Service
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: Rio Grande Valley Multiple Listing Service
MLS Number: 29767093
APN: L6269-01-000-0024-00
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