1308 W Prosperity Drive Edinburg, TX $ 354,000
1308 W Prosperity Drive
$ 354,000
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1308 W Prosperity Drive

Edinburg, TX, 78541
$ 354,000
Baths0.0 Sq 7,616

Monthly Estimate*

$ 2,235

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Studio

Multi-Family Home for sale in Edinburg, TX

for $354,000. This 7,616 square foot home was built in 2008 on a lot size of 0.2204.

Fourplex Investment Opportunity – Edinburg, TX PRIME INVESTMENT OPPORTUNITY IN EDINBURG! Add a solid multifamily property to your portfolio with this spacious fourplex featuring four 2-bedroom, 2-bath units and approximately 3,808 square feet of total living area. Each unit offers a functional layout with tile flooring, tile countertops, walk-in closets, appliances, and two covered parking spaces, providing the features tenants are looking for. LOCATION, LOCATION, LOCATION! Conveniently situated near UTRGV, the Hidalgo County Courthouse, hospitals, shopping centers, grocery stores, restaurants, and major roadways, this property is positioned in a high-demand rental area with excellent accessibility. With four income-producing units under one roof, this property is an attractive opportunity for investors looking to generate rental income and build long-term equity in one of the Rio Grande Valley's growing markets.

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Multi-Family Active

Price

$ 354,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 8,517

Style

Quadruplex

Lot Size

0.2204

Year Built

2008

Town/City

Edinburg

County/Region

Hidalgo

MLS | Web ID

512915

Features
General
Possession Closing and Funding Immediate Negotiable
Property Subtype Quadruplex
Tax Year 2023
Community Features Sidewalks Street Lights
County Hidalgo
Property Type Residential Income
HOA false
Subdivision Name Queens Ridge Estates
Status Active
Directions Head west on W University Dr toward N Sugar Rd Turn right at the 1st cross street onto N Sugar Rd Turn right onto W Prosperity Dr Destination will be on the right
High School Edinburg North H.S.
City Edinburg
High School District Edinburg ISD
Lot Size Units Square Feet
Lot Size Square Feet 9601.0596
Elementary School Truman
Tax Annual Amount 8517
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 20
Freehold BBO VOW IDX
Living Area 7616
Cooling Central Air
Roof Shingle
Appliances Electric Water Heater Refrigerator Stove/Range
Garage Spaces 0
Construction Materials Brick
Year Built 2008
Stories Count 1
New Construction false
Energy Efficient None
Garage Y/N false
Carport Spaces 2
Carport Y/N true
Year Built Source HCAD
Heating Central
Patio/Porch Features Patio Slab
Insurance Expense 2900
Security Features Smoke Detector(s)
Other Structures Outbuilding (None)
Gross Income 0
MaintenanceExpense 150
Number Of Units Total 2
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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
Water Source Public
Lot Size Area 9601.0596
Lot Size Acres 0.2204
Road Surface Type Other
Irrigation Water Rights Y/N false
Lot Features Curb & Gutters
Fencing Wood
Parking Features Attached
Total Parking 2
Foundation Details Slab
Building Area Total 7616
Covered Spaces 2
Pool YN false
Number of Separate Water Meters 1
Number of Buildings 2
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* Excluded Features
List By
Effective Real Estate

Broker

Affordability Calculator

$2,945
Per Month
76%
24%
0%
Monthly Principal & Interest
$2,235
Monthly Property Taxes
$710
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
8/24/2026$354,000 Listed Price

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1308 W Prosperity Drive, Edinburg, TX, 78541 is a Multi-Family Home for sale at $354,000 with 7,616 sqft and a lot size of 0.2204. 1308 W Prosperity Drive is a studio with 0.0 baths and was built in 2008. The property's zip code is 78541 which is in Edinburg, TX