1501 Prosperity Drive Edinburg, TX $ 354,900
1501 Prosperity Drive
$ 354,900
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1501 Prosperity Drive

Edinburg, TX, 78541
$ 354,900
Baths0.0 Sq 3,808

Monthly Estimate*

$ 2,241

1501 Prosperity Drive, Edinburg, TX 78541 - Image 1
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1501 Prosperity Drive, Edinburg, TX 78541 - Image 3
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1501 Prosperity Drive, Edinburg, TX 78541 - Image 7
1501 Prosperity Drive, Edinburg, TX 78541 - Image 8
Studio

Multi-Family Home for sale in Edinburg, TX

for $354,900. This 3,808 square foot home was built in 2003 on a lot size of 0.2218.

Seller ready to negotiate and open for offers! This fourplex is ideally situated just minutes from the University of Texas Rio Grande Valley (UTRGV), popular restaurants, and shopping offering outstanding convenience. Each of the four units features 2 bedrooms and 2 full bathrooms with tile throughout, with functional layouts designed for comfortable living. Whether you're an experienced investor looking to expand your portfolio or a first-time buyer seeking to offset your mortgage, this property offers versatility. Live in one unit while generating rental income from the remaining three or lease all four units for maximum investment potential. With its desirable location, strong rental appeal, and easy access to major roads and residential neighborhoods this property presents an excellent opportunity for long-term income and appreciation. Don't miss your chance to own a high-demand multifamily property in Edinburg, Texas. A city of growth, great schools and great job opportunities.

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Multi-Family Active

Price

$ 354,900

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 8,333

Style

Quadruplex

Lot Size

0.2218

Year Built

2003

Town/City

Edinburg

County/Region

Hidalgo

MLS | Web ID

508062

Features
General
Sewer City Sewer
Possession Closing and Funding
Property Subtype Quadruplex
Tax Year 2026
Community Features Street Lights
County Hidalgo
Property Type Residential Income
HOA false
Subdivision Name Queens Ridge Estates
Status Active
Directions North on Jackson Road Right on Chapin St Left on Sugar Rd Right on Prosperity
High School Edinburg North H.S.
City Edinburg
High School District Edinburg ISD
Lot Size Units Square Feet
Lot Size Square Feet 9659.8656
Elementary School Truman
Tax Annual Amount 8333
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 QUEEN'S RIDGE ESTATES LOT 4
Freehold BBO VOW IDX
Living Area 3808
Cooling Central Air
Roof Shingle
Appliances Electric Water Heater Smooth Electric Cooktop Refrigerator
Garage Spaces 0
Construction Materials Brick
Year Built 2003
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
Patio/Porch Features Covered Patio Patio Slab
Insurance Expense 1500
Other Structures Outbuilding (None)
Gross Income 30000
MaintenanceExpense 2600
Number Of Units Total 4
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Interior
Interior Amenities Ceiling Fan(s)
Flooring Tile
Air Conditioning Y/N true
Heating Y/N true
Laundry Features Laundry Closet Washer/Dryer Connection
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Exterior
Lot Size Area 9659.8656
Lot Size Acres 0.2218
Road Surface Type Paved
Irrigation Water Rights Y/N false
Lot Features Alley
Fencing Wood
Parking Features Detached No Garage Garage Faces Rear
Total Parking 8
Foundation Details Slab
Building Area Total 3808
Lot Dimensions 0x0
Covered Spaces 8
Pool YN false
Number of Separate Water Meters 1
Number of Buildings 1
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* Excluded Features
List By
Keller Williams Realty Rgv

Broker

Affordability Calculator

$2,935
Per Month
76%
24%
0%
Monthly Principal & Interest
$2,241
Monthly Property Taxes
$694
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
7/13/2026$354,900 Listed Price

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1501 Prosperity Drive, Edinburg, TX, 78541 is a Multi-Family Home for sale at $354,900 with 3,808 sqft and a lot size of 0.2218. 1501 Prosperity Drive is a studio with 0.0 baths and was built in 2003. The property's zip code is 78541 which is in Edinburg, TX