$449,000
$10K PRICE INCREASE

712 Agate St Edinburg, TX 78541

Estimated payment $3,303/month

Total Views 1,838
-- Bed
-- Bath
4,426 Sq Ft
$101 Price per Sq Ft

Highlights

  • Corner Lot
  • No HOA
  • Patio
  • High Ceiling
  • Double Pane Windows
  • Home Security System

About This Home

Discover the location of this exceptional fourplex ideally situated within walking distance to UTRGV! This property is a prime investment opportunity with a consistent rental demand. The location is a major draw, providing easy access to the UTRGV campus, public transportation restaurants, and nightlife. Schools, medical facilities are a short drive away. This well-maintained property features four 3 bedroom, 2 bathroom units perfect for families who need ample living space. Student housing and AirB&B are also options. Each unit boasts granite kitchen countertops, cable ready, ceiling fans, tiled floors, in-unit laundry center, and a 2 car covered spaces with other parking options available. A fenced backyard is standard in each unit. There are also two huge side yards for tenant enjoyment.Currently, the gross rental income for this investment is $4,125 per month. Enjoy low vacancy rates and a stable income stream from this turnkey investment. Schedule a showing today!

Listing Agent

Gilberto Gutierrez

Homestead Realty Listed on: 04/25/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,829

Year Built

  • Built in 2007

Lot Details

  • 0.3 Acre Lot
  • Privacy Fence
  • Wood Fence
  • Corner Lot
  • Irregular Lot

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 4,426 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Tile Flooring
  • Stove

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector
  • Firewall

Parking

  • 8 Carport Spaces
  • No Garage

Outdoor Features

  • Patio

Schools

  • De La Vina Elementary School
  • B.L. Garza Middle School
  • Edinburg North High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number I404200000006200

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units
  • Inland Groves Estates Subdivision

Building Details

  • Insurance Expense $3,000
  • Maintenance Expense $200
  • Gross Income $50,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,829

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Directions: From 107 and Jackson Rd go north on Jackson. Turn west on Schunion or at the next light, then turn south on Agate or the next street. Property is on the corner of Agate and Schunior on the East side.
  • Year Built: 2007
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.3048
  • Road Surface Type: Paved
  • Subdivision Name: Inland Groves Estates
  • Carport Y N: Yes
  • Garage Yn: No
  • New Construction: No
  • Building Stories: 1
  • GMAR_Escrow: 5000
  • Special Features: None
  • Stories: 1

Interior Features

  • Roof: Composition Shingle
  • Appliances: Electric Water Heater, Dryer, Refrigerator, Stove/Range, Washer
  • Flooring: Tile
  • Living Area: 4426
  • Window Features: Energy Features (Double Pane Windows)

Exterior Features

  • Interior Amenities: Ceiling Fan(s), Decorative/High Ceilings, Dryer, Washer
  • Fencing: Privacy, Wood
  • Lot Features: Corner Lot, Curb & Gutters, Irregular Lot, Sidewalks
  • Home Warranty: No
  • Construction Type: Brick
  • Foundation Details: Slab
  • Other Structures: Outbuilding (None)
  • Patio And Porch Features: Patio
  • Pool YN: No

Garage/Parking

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

Utilities

  • Utilities: Cable Available
  • Laundry Features: Laundry Closet
  • Security: Security System, Firewall(s), 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: Curbs, Sidewalks, Street Lights
  • Association: No

Schools

  • Elementary School: De La Vina
  • High School: Edinburg North H.S.
  • Junior High Dist: Edinburg ISD
  • Middle Or Junior School: B.L. Garza

Lot Info

  • Lot Size Sq Ft: 13277.088
  • Parcel #: I404200000006200

Building Info

  • Buildings: 2

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 9829

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 4
  • Annual Gross Income: 50700
  • Insurance Expense: 3000

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 $9,829 $409,356 $92,939 $316,417
2023 $8,787 $366,252 $92,939 $273,313
2022 $10,583 $406,407 $92,939 $313,468
2021 $8,468 $312,744 $92,939 $219,805
2020 $8,188 $300,954 $92,939 $208,015
2019 $8,429 $303,522 $92,939 $210,583
2018 $8,161 $293,112 $92,939 $200,173
2017 $6,404 $229,185 $107,544 $121,641
2016 $5,910 $211,531 $71,696 $139,835
2015 $5,410 $209,456 $71,696 $137,760
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2025 07/28/25 For Sale $130,000 -71.0% $118 / Sq Ft
06/20/2025 06/20/25 Price Changed $449,000 0.0% $101 / Sq Ft
06/20/2025 06/20/25 For Sale $449,000 +2.3% $101 / Sq Ft
06/08/2025 06/08/25 Off Market -- -- --
04/25/2025 04/25/25 For Sale $439,000 0.0% $99 / Sq Ft
08/11/2024 08/11/24 For Rent $1,000 -- --
Source: Greater McAllen Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed -- Edwards Abstract & Title Co
Interfamily Deed Transfer -- Edwards Abstract & Title Co
Warranty Deed -- None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $245,000 New Conventional
Closed $165,000 Commercial
Previous Owner $100,000 Purchase Money Mortgage
Source: Public Records

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Source: Greater McAllen Association of REALTORS®

MLS Number: 465297

Greater McAllen Association of REALTORS®

APN: I4042-00-000-0062-00