1007 Clarence Avenue, Edinburg, TX 78541
- 4,200 sqft
Multi-Family Home 
Built in 2024 
9,601sqft lot
—— car garage 
$127/sqft 
Listed 1 month ago
Property Description
This investor's dream in Border Trace, Edinburg delivers a projected 7.6% cap rate, owner financing available, and comes fully leased with a 90% historical occupancy rate. Just 8 minutes from UTRGV, this income-producing property sits in one of the Rio Grande Valley's most reliable rental corridors with steady demand from students, faculty, and medical professionals. The property offers a 3-bedroom/2-bath unit and a 2-bedroom/2-bath unit, making it attractive to a diverse renter pool and reducing vacancy risk across tenant turnover cycles. Its location near Expressway 83, UTRGV, Edinburg CCISD schools, medical facilities along US-281, keeps it competitive in the rental market year-round. The privacy-fenced backyard with mature oak trees and dedicated storage adds outdoor appeal that supports long-term tenant retention. With owner financing on the table, a proven occupancy track record, and dual-unit flexibility, this property is built to generate consistent cash flow from day one.
- Listing Status:
- Active
- Data Last Updated:
- July 5, 2026 at 7:08AM
- Listing Office:
- BIG Realty : 956-465-0011
- Listing Agent:
- Victor Fuentes : 956-432-1351
- MLS ID:
- 506224
- General: Sprinkler SystemOutbuilding (None)
- Other Structures: Deck/Balcony/PorchPatio Slab
- Parking: Garage Faces RearParking spaces: 8
- Roofing: Shingle
- Windows: Energy Features (Double Pane Windows)
- General: StoneStucco1Slab
- Road/Access: Paved
- HOA Amenities: 500.0Annually
- Originating MLS: Greater McAllen
- School District: Edinburg ISD
- County: Hidalgo
- Zoning: A635000000005000
- Fencing: Wood
- Utilities: Cable Available
- Water: Public
- Sewer: City Sewer
- Source: Greater McAllen
This listing courtesy of Victor Fuentes , BIG Realty
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
