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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 Sq. Ft

Living Area Size : 4,200 Sq. Ft

Tax Amount : $9,462

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
4666 W Huckleberry Street, Edinburg, TX, 78541 $479,000 -- -- 3,705 9,810.15 Sq. Ft
409 Onyx Drive, Edinburg, TX, 78541 $525,000 -- -- 4,000 9,845.00 Sq. Ft
405 Onyx Drive, Edinburg, TX, 78541 $525,000 -- -- 4,000 9,845.00 Sq. Ft
1613 N Molino Drive, Edinburg, TX, 78541 $485,000 -- -- 3,746 10,697.90 Sq. Ft
822 N Blair Avenue, Edinburg, TX, 78541 $539,900 -- -- 4,084 9,601.06 Sq. Ft
1012 N Blair Avenue, Edinburg, TX, 78541 $545,000 -- -- 4,020 9,601.06 Sq. Ft
609 N Onyx Avenue, Edinburg, TX, 78541 $545,000 -- -- 4,200 10,122.91 Sq. Ft
1613 N Molino Drive, Edinburg, TX, 78541 $485,000 -- -- -- --
1613 Coyote Hills Hls, Edinburg, TX, 78541 $499,000 -- -- 4,544 10,899.15 Sq. Ft
1609 Coyote Hls, Edinburg, TX, 78541 $515,000 -- -- 4,152 10,899.15 Sq. Ft

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 09/22/2026 @ 13:47

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

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