1505 Shavano Drive Edinburg, TX $ 490,000
1505 Shavano Drive
$ 490,000
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1505 Shavano Drive

Edinburg, TX, 78541
$ 490,000
Baths0.0 Sq 4,050

Monthly Estimate*

$ 3,017

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Studio

Multi-Family Home for sale in Edinburg, TX

for $490,000. This 4,050 square foot home was built in 2024 on a lot size of 0.2534.

FULLY LEASED Investment property located in the new subdivision Sugar Mill Estates in Edinburg, Tx. Located minutes from main retail, restaurants Hidalgo County Courthouse and The University of Texas Rio Grande Valley. It is also conveniently located 25 minutes from McAllen International Airport. These units offer a promising return on investment. They are a mixture of 2 units being 3 bedrooms with 2 bathrooms and the other 2 units 2 bedrooms with 2 bathrooms. Don’t miss out on the chance to secure reliable income stream. All appliances are included, priced to sell and will not last!

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Multi-Family Active

Price

$ 490,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 10,015

Style

Quadruplex

Lot Size

0.2534

Year Built

2024

Town/City

Edinburg

County/Region

Hidalgo

MLS | Web ID

494506

Features
General
Sewer City Sewer
Possession Closing and Funding
HOA Fee 750
Property Subtype Quadruplex
Tax Year 2025
Community Features Gated Sidewalks Street Lights
County Hidalgo
Property Type Residential Income
HOA true
Subdivision Name Sugar Mills Estates
Status Active
Directions Head west on E Chapin Rd toward Frontera Rd. Turn right onto N Sugar Rd. Subdivision will be on your right.
High School Edinburg North H.S.
City Edinburg
High School District Edinburg ISD
Lot Size Units Square Feet
Lot Size Square Feet 11039.8464
Elementary School Truman
Tax Annual Amount 10015
Home Warranty Y/N false
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
Legal Description SUGAR MILL ESTATES LOT 2
Freehold BBO VOW IDX
Living Area 4050
Cooling Central Air Electric
Roof Shingle
Appliances Electric Water Heater Refrigerator Stove/Range Washer
Garage Spaces 0
Construction Materials Stucco
Year Built 2024
Stories Count 1
Energy Efficient Thermostat
Garage Y/N false
Carport Spaces 8
Carport Y/N true
Year Built Source HCAD
Heating Central Electric
Patio/Porch Features Covered Patio
Assoc Fee Paid Per Annually
Association Name SUGAR MILL ESTATES HOA
Insurance Expense 1800
Security Features Smoke Detector(s)
Other Structures Outbuilding (None)
Association Amenities Property Owners' Assoc.
Gross Income 53340
MaintenanceExpense 1920
Number Of Units Total 4
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Interior
Interior Amenities Ceiling Fan(s) Decorative/High Ceilings Dryer Microwave Walk-In Closet(s) Washer
Flooring Tile
Air Conditioning Y/N true
Heating Y/N true
Laundry Features Laundry Room Washer/Dryer Connection
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Exterior
Water Source Public
Lot Size Area 11039.8464
Lot Size Acres 0.2534
Road Surface Type Paved
Irrigation Water Rights Y/N false
Lot Features Professional Landscaping Sidewalks Sprinkler System
Fencing Privacy Wood
Exterior Amenities Sprinkler System
Parking Features No Garage
Total Parking 8
Foundation Details Slab
Building Area Total 4050
Lot Dimensions 80x138
Covered Spaces 8
Pool YN false
Number of Separate Water Meters 5
Number of Buildings 2
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* Excluded Features
List By
Bryanna Hernandez

Listing Agent

Imperio Real Estate Llc

Broker

bryannahdzrealtor@gmail.com

Email

Affordability Calculator

$3,852
Per Month
78%
22%
0%
Monthly Principal & Interest
$3,017
Monthly Property Taxes
$835
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
3057169 Elementary School
1299107 Middle School
Edinburg North H.S. High School High School
Pricing History
DatePricePrice ChangeDescription
2/10/2026$490,000 Listed Price

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1505 Shavano Drive, Edinburg, TX, 78541 is a Multi-Family Home for sale at $490,000 with 4,050 sqft and a lot size of 0.2534. 1505 Shavano Drive is a studio with 0.0 baths and was built in 2024. The property's zip code is 78541 which is in Edinburg, TX