An Excellent Investment Opportunity! This well-maintained multifamily property presents a solid investment opportunity with several recent improvements and stable cash flow. It features four units, each with appliances (several recently replaced). All units are tiled and include coffered ceilings. Most units also include washers and dryers, with laundry hookups available in all. Currently, three active leases are in place: two units at $675/month and one at $625/month, with clear potential for rental increases to align with market rates. Major capital improvements have already been completed, including: - New roof installed in 2020 - Septic system for Units C and D replaced in 2025 - New HVAC system for Unit D installed in 2024 - Water heaters replaced in most units within the last 1–3 years - As well as several new appliances, new ceiling fans, fresh paint in three units within the last couple of years, and many more miscellaneous improvements.
For sale
$335,000
2516 Jeffrey Dr, Edinburg, TX 78542
2beds
1baths
3,417sqft
Est.:
Quadruplex, Multi Family
Built in 2005
-- sqft lot
$326,400 Zestimate®
$98/sqft
$-- HOA
What's special
Fresh paintNew appliancesCoffered ceilingsWashers and dryersNew ceiling fansNew hvac systemNew roof
- 7 days
- on Zillow |
- 100 |
- 7 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: April 24, 2025 at 09:33am
Listed by:
Miguel Vargas 956-560-8245,
Tnt Real Estate
Source: Greater McAllen AOR,MLS#: 467903
Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
Heating
- Has Heating (Unspecified Type)
Cooling
- Central Air
Appliances
- Included: Electric Water Heater, Refrigerator, Stove/Range-Electric Smooth
- Laundry: Laundry Closet, Washer/Dryer Connection
Features
- Ceiling Fan(s)
- Flooring: Tile
Interior area
- Total structure area: 3,417
- Total interior livable area: 3,417 sqft
Property
Parking
- Parking features: No Carport, No Garage
Features
- Patio & porch: Covered Patio
- Fencing: Wood
Lot
- Size: 0.52 Acres
- Features: Cul-De-Sac
Details
- Additional structures: Outbuilding (None)
- Parcel number: S254200000000800
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Materials
- Brick
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 2005
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Cable Available
Green energy
- Energy efficient items: Thermostat
Community & HOA
Community
- Features: Sidewalks, Street Lights
- Security: Smoke Detector(s)
- Subdivision: Sevilla
HOA
- Has HOA: No
Location
- Region: Edinburg
Financial & listing details
- Price per square foot: $98/sqft
- Tax assessed value: $324,909
- Annual tax amount: $6,526
- Date on market: 4/19/2025
- Road surface type: Paved
- Loading
- Loading