2516 Jeffery Drive, Edinburg, TX 78542

• 3,417 sqft

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

Interior

• 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

Exterior

• General: Mature TreesOutbuilding (None)
• Parking: No Garage

Construction

• Roofing: Composition Shingle
• General: Brick1Slab

Location

• Road/Access: Paved
• Originating MLS: Greater McAllen
• School District: Donna ISD
• County: Hidalgo

Lot

• Zoning: S254200000000800
• Fencing: Wood

Utilities

• Water: Public
• Sewer: Septic Tank

Financial

• Source: Greater McAllen

This listing courtesy of Miguel Vargas, TNT Real Estate