405 Downing Avenue Edinburg, TX $ 513,000
405 Downing Avenue
$ 513,000
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405 Downing Avenue

Edinburg, TX, 78539
$ 513,000
Bedrooms6 Baths6.0 Sq 3,960

Monthly Estimate*

$ 3,200

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Multi-Family Home for sale in Edinburg, TX

for $513,000 with 6 bedrooms and 6 full baths. This 3,960 square foot home was built in 2017 on a lot size of 0.2314.

Perfect for first-time investors looking to live on-site, this well-maintained 4-plex offers a rare opportunity to generate rental income while building equity. Three units are already rented, providing immediate cash flow, with one 2-bed, 2-bath unit available for an owner-occupant or new tenant. Located minutes from the university and the thriving city of Edinburg, this property is in a high-demand rental area, ensuring strong occupancy rates. Whether you're starting your investment journey or expanding your portfolio, this multifamily gem is a smart move.

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Multi-Family Active

Price

$ 513,000

Bedrooms

6

Full Bath

6

Property Type

Multi-Family

Taxes

$ 11,018

Style

Quadruplex

Lot Size

0.2314

Year Built

2017

Town/City

Edinburg

County/Region

Hidalgo

MLS | Web ID

464422

Features
General
Living Area 3960
Sewer City Sewer
Heating Central
Cooling Central Air
Possession Closing and Funding
Roof Shingle
Appliances Electric Water Heater Dryer Microwave Refrigerator Stove/Range Washer
HOA Fee 500
Garage Spaces 0
Patio/Porch Features Patio
Construction Materials Brick
Year Built 2017
Stories Count 1
Property Subtype Quadruplex
Tax Year 2024
Gross Income 3600
Community Features Gated
Assoc Fee Paid Per Annually
County Hidalgo
Insurance Expense 3600
Property Type Residential Income
HOA Yes
Energy Efficient None
MaintenanceExpense 100
Subdivision Name Mon Mack Landing
Garage Y/N No
Other Structures Outbuilding (None)
Status Active
Directions Head west on HWY 107 passing McColl Head south on Mon Mack Gate entrance is located on west side.
High School Edinburg H.S.
City Edinburg
Association Name Home Key Property Management
High School District Edinburg ISD
Number Of Units Total 6
Lot Size Units Square Feet
Lot Size Square Feet 10079.784
Carport Spaces 8
Carport Y/N Yes
Elementary School Trevino
Tax Annual Amount 11018
Home Warranty Y/N No
Middle/Junior High School B.L. Garza
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Middle/Junior School District Edinburg ISD
Elementary School District Edinburg ISD
Year Built Source HCAD
Legal Description MON MACK LANDING PH 1 LOT 59
Freehold BBO VOW IDX
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Interior
Interior Amenities Ceiling Fan(s) Microwave
Flooring Tile
Air Conditioning Y/N Yes
Heating Y/N Yes
Laundry Features Laundry Closet
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Exterior
Fencing Wood
Parking Features Detached
Lot Features Sidewalks Sprinkler System
Total Parking 8
Lot Size Area 10079.784
Foundation Details Slab
Number of Buildings 2
Building Area Total 3960
Lot Size Acres 0.2314
Road Surface Type Paved
Covered Spaces 8
Number of Separate Water Meters 4
Irrigation Water Rights Y/N No
Pool YN No
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* Excluded Features
List By
Quincy Bonilla

Listing Agent

Fox Real Estate Pros

Broker

qbonilla21@gmail.com

Email

Affordability Calculator

$4,119
Per Month
78%
22%
0%
Monthly Principal & Interest
$3,200
Monthly Property Taxes
$918
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3057812 Elementary School
1299107 Middle School
Edinburg H.S. High School
Pricing History
DatePricePrice ChangeDescription
4/3/2025$513,000 -1.35% Price Down
3/5/2025$520,000 Listed Price

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405 Downing Avenue, Edinburg, TX, 78539 is a Multi-Family Home for sale at $513,000 with 3,960 sqft and a lot size of 0.2314. 405 Downing Avenue has 6 bedrooms, 6.0 baths, and was built in 2017. The property's zip code is 78539 which is in Edinburg, TX