$279,000

2516 Jeffery Drive, Edinburg, TX 78542

  • 3,417 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 2005
  • Property Lot Size Icon0.52acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $82/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

An Excellent Investment FULLY RENTED 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, 3 active leases are in place: 2 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 improvements.

Listing Status:
Pending
Listing Office:
TNT Real Estate : 956-322-3020
Listing Agent:
Miguel Vargas : 956-560-8245
MLS ID:
481566
  • General: Ceiling Fan(s)Decorative/High CeilingsWalk-In Closet(s)
  • Appliances: Electric Water HeaterRefrigeratorStove/Range-Electric Smooth
  • Laundry: Laundry Closet
  • Flooring: Tile
  • A/C: Central Air
  • Heating: Central
  • Eco/Green Feature: Thermostat
  • General: Mature TreesOutbuilding (None)
  • Parking: No Garage
  • Roofing: Composition Shingle
  • General: Brick1Slab
  • Road/Access: Paved
  • Originating MLS: Greater McAllen
  • School District: Donna ISD
  • County: Hidalgo
  • Zoning: S254200000000800
  • Fencing: Wood
  • Water: Public
  • Sewer: Septic Tank
  • Source: Greater McAllen

This listing courtesy of Miguel Vargas, TNT Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

E

Eisenhower Elementary School

2901 E Russell Rd, Edinburg, TX, 78539

Grades EE-5

1.49 miles away

M

Memorial Middle School

3105 N Doolittle Rd, Edinburg, TX, 78542

Grades 6-8

1.66 miles away

J

Johnny Economedes High School

1414 N Alamo Rd, Edinburg, TX, 78542

Grades 9-12

0.55 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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