1501 Shavano Drive Edinburg, TX $ 490,000
1501 Shavano Drive
$ 490,000
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1501 Shavano Drive

Edinburg, TX, 78541
$ 490,000
Baths0.0 Sq 4,140

Monthly Estimate*

$ 3,017

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Studio

Multi-Family Home for sale in Edinburg, TX

for $490,000. This 4,140 square foot home was built in 2024 on a lot size of 0.2534.

Brand New Multi-Family. Exceptional investment opportunity in a desirable multi-family subdivision just minutes from Expressway 83, top schools, shopping, and dining.These newly built fourplexes offer modern design, strong tenant appeal, and immediate cash flow.Each unit features a bright open-concept layout with elegant wood-look tile flooring, a contemporary kitchen with custom cabinetry, quartz countertops, and a spacious island providing ample storage and workspace.Bedrooms are generously sized with large closets, and the primary suites include a luxurious frameless glass shower and walk-in closet. Additional highlights include private fenced backyards for every unit, stainless steel appliances, in-unit washer and dryer, and covered carports. This is an outstanding opportunity for investors seeking a low- maintenance, high-demand rental asset in a rapidly growing area.Don’t miss your chance to own a premium multi-family property with long-term value and impressive rental potential.

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Multi-Family Active

Price

$ 490,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 10,057

Style

Quadruplex

Lot Size

0.2534

Year Built

2024

Town/City

Edinburg

County/Region

Hidalgo

MLS | Web ID

491457

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 10057
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 4
Freehold BBO VOW IDX
Living Area 4140
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
New Construction false
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 59400
MaintenanceExpense 1920
Number Of Units Total 4
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Interior
Interior Amenities Ceiling Fan(s) 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 4140
Lot Dimensions 80x138
Covered Spaces 8
Pool YN false
Number of Separate Water Meters 5
Other Equipment 1 Year Warranty
Number of Buildings 2
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* Excluded Features
List By
Emiliano Perez

Listing Agent

Alliance Real Estate Group

Broker

emi11prz@hotmail.com

Email

Affordability Calculator

$3,855
Per Month
78%
22%
0%
Monthly Principal & Interest
$3,017
Monthly Property Taxes
$838
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
2/11/2026$490,000 Listed Price

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1501 Shavano Drive, Edinburg, TX, 78541 is a Multi-Family Home for sale at $490,000 with 4,140 sqft and a lot size of 0.2534. 1501 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