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1007 Clarence Avenue

Edinburg, TX 78541
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Bed --

Bed

Bath 0

Bath

SqFt4,200

Sqft

SqFt9,601.06

Sqft(Lot)

This investor's dream in Border Trace, Edinburg delivers a projected 7.6% cap rate, owner financing available, and comes fully leased with a 90% historical occupancy rate. Just 8 minutes from UTRGV, this income-producing property sits in one of the Rio Grande Valley's most reliable rental corridors with steady demand from students, faculty, and medical professionals. The property offers a 3-bedroom/2-bath unit and a 2-bedroom/2-bath unit, making it attractive to a diverse renter pool and reducing vacancy risk across tenant turnover cycles. Its location near Expressway 83, UTRGV, Edinburg CCISD schools, medical facilities along US-281, keeps it competitive in the rental market year-round. The privacy-fenced backyard with mature oak trees and dedicated storage adds outdoor appeal that suppor ts long-term tenant retention. With owner financing on the table, a proven occupancy track record, and dual-unit flexibility, this property is built to generate consistent cash flow from day one.

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Detail Ic Property Details

Property Type : Residential Income

Price : $535,000

AD Id : 79997258

MLS Id : 506224

Lot Size : 9,601.06 Sqft

Living Area Size : 4,200

Year Built : 2024

County : Hidalgo

Subdivision: None Available

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Feature Features

  • Flooring Information

    Tile
  • Roofing Information

    Shingle
  • Interior Features

    Ceiling Fan(s), Walk-In Closet(s) Roof: Shingle Appliances: Range, Cooktop, Microwave, Electric Water Heater, Dryer, Refrigerator, Washer, Water Heater Laundry Features: Laundry Closet, Washer Hookup Window Features: Insulated Windows, Double Pane Windows
  • Heating & Cooling

    Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: Ceiling Fan(s), Central Air

  • Building Information

    Year Built: 2024 Building Area Total: 4200 Construction Materials: Stone, Stucco Stories: 1 Patio And Porch Features: Deck Private Pool: No Association Fee Frequency: Annually

  • Lot Information

    Main Square Feet: 9601.0596 Square Feet Lot Size Acres: 0.2204 Lot Size Square Feet: 9601.0596

    Property Information

    Subdivision: Atwood Village Source Property Type: Residential Income Property SubType: Quadruplex Property Age: 2

  • Listing Price Information

    Listing Price: $535000

  • Tax Information

    Parcel Number: A635000000005000 Tax Year: 2025 Annual Tax: $9462

  • Parking Information

    Parking Total: 8 Garage Faces Rear
    Homeowners Association Information
    Has Association: Yes HOA: $500.00 Community Features: Gated, Sidewalks, Street Lights

  • School Information

    Elementary School: Flores
    Junior High School: Longoria
    Senior High School: Edinburg North H.S.
  • Utility Information

    Cable Available
  • Location Information

    Direction: https://maps.app.goo.gl/9qMQXSFv2gQPiNBEA WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1613 N Molino Drive, Edinburg, TX, 78541 $485,000 -- -- 3,746 3,746 SqFt
3100 N Adler Avenue, Edinburg, TX, 78541 $379,900 4 3 1,945 1,945 SqFt
1501 Shavano Drive, Edinburg, TX, 78541 $490,000 -- -- 4,140 4,140 SqFt
405 Onyx Drive, Edinburg, TX, 78541 $535,000 -- -- 4,000 4,000 SqFt
709-500 N Emerald Avenue, Edinburg, TX, 78541 $1,590,000 -- -- 4,200 4,200 SqFt
N Brushline Road, Edinburg, TX, 78541 $225,000 -- -- --
409 Onyx Drive, Edinburg, TX, 78541 $535,000 -- -- 4,000 4,000 SqFt
1018 N Abbey Avenue, Edinburg, TX, 78541 $545,000 -- -- 4,020 4,020 SqFt
1012 N Blair Avenue, Edinburg, TX, 78541 $545,000 -- -- 4,020 4,020 SqFt
1006 N Blair Avenue, Edinburg, TX, 78541 $545,000 -- -- 4,020 4,020 SqFt

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of Greater McAllen Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2026 Greater McAllen Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 06/17/2026 @ 03:00

MLS: 506224 LISTED BY: , BIG Realty SOURCE: Greater McAllen Association of REALTORS

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