
712 Agate St Edinburg, TX 78541
Estimated payment $3,303/month
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!
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
Map
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 | $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 |
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 | -- | -- |
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 |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $245,000 | New Conventional | |
Closed | $165,000 | Commercial | |
Previous Owner | $100,000 | Purchase Money Mortgage |
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Source: Greater McAllen Association of REALTORS®
MLS Number: 465297

APN: I4042-00-000-0062-00
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