515 Downing Avenue
Edinburg, TX 78539
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Bed
0
Bath
4,080Sqft
10,079.78Sqft(Lot)
GENERATING APPROXIMATELY $54,000 A YEAR IN GROSS REVENUE WITH ROOM TO INCREASE! This well-maintained Fourplex features two spacious 3-bed, 2-bath units in the front and two 2-bed, 2-bath units in the rear. Each individually metered unit also features a fully paved, low-maintenance backyard with no grass to maintain. Each unit includes a well-equipped kitchen with oven/stove, refrigerator, microwave, and washer & dryer. Prime location in the gated community of Monmack Landing right in the heart of Edinburg! This Fourplex offers convenience near major shopping centers, restaurants, and UTRGV. A great opportunity for an investor looking to add a multifamily property to their portfolio or for an owner-occupant looking to live in one unit while utilizing the other units for rental income. Sched
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Flooring Information
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Interior Features
Ceiling Fan(s) Appliances: Range, Cooktop, Electric Water Heater, Dryer, Microwave, Refrigerator, Washer Laundry Features: Laundry Closet, Washer Hookup Window Features: Insulated Windows, Double Pane Windows -
Heating & Cooling
Has Heating: Yes Heating: Central, Electric Has Cooling: Yes Cooling: Ceiling Fan(s), Central Air, Electric
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Building Information
Year Built: 2018 Building Area Total: 4080 Construction Materials: Stone, Stucco Stories: 1 Private Pool: No Association Fee Frequency: Annually
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Lot Information
Main Square Feet: 10079.784 Square Feet Lot Size Acres: 0.2314 Lot Size Square Feet: 10079.784Property Information
Subdivision: Mon Mack Landing Source Property Type: Residential Income Property SubType: Quadruplex Property Age: 8
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Listing Price Information
Listing Price: $519000
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Tax Information
Parcel Number: M566501000005200 Tax Year: 2023 Annual Tax: $9837
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Parking Information
Parking Total: 8 DetachedHomeowners Association InformationHas Association: Yes HOA: $500.00 Community Features: Gated, Sidewalks, Street Lights
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School Information
Elementary School: TrevinoJunior High School: B.L. GarzaSenior High School: Edinburg North H.S. -
Location Information
Direction: Heading North on McColl turn Left on Sprague, Right on Mon Mack then make a Left on Garfield, Right on Downing. Units will be on the left hand side. Security Features: Smoke Detector(s)
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1209 S Waterfall Avenue, Edinburg, TX, 78539 | $550,000 | -- | -- | 4,236 | 10,513.21 Sq. Ft |
| 3412 S Colt Lane, Edinburg, TX, 78539 | $500,000 | -- | -- | 4,480 | 13,135.95 Sq. Ft |
| 3401 S Colt Lane, Edinburg, TX, 78539 | $530,000 | -- | -- | 4,320 | 10,202.19 Sq. Ft |
| 1017 Saltillo Street, Edinburg, TX, 78539 | $164,900 | 4 | 2 | 1,367 | 6,886.84 Sq. Ft |
| 322 E Mahl Street, Edinburg, TX, 78539 | $265,000 | -- | -- | 1,488 | 7,099.84 Sq. Ft |
| 222 W Mahl Street, Edinburg, TX, 78539 | $785,000 | -- | -- | 6,429 | 17,424 Sq. Ft |
| 1405 Prosperity Drive, Edinburg, TX, 78539 | $390,000 | -- | -- | 3,808 | 9,659.87 Sq. Ft |
| 821 S 4th Avenue, Edinburg, TX, 78539 | $379,000 | -- | -- | 4,541 | 16,839.86 Sq. Ft |
| 1009 W Stubbs Street, Edinburg, TX, 78539 | $275,000 | -- | -- | 3,278 | 10,511.03 Sq. Ft |
| 201 S 1st Avenue, Edinburg, TX, 78539 | $550,000 | -- | -- | 4,571 | 7,099.84 Sq. Ft |
Similar Multifamily To 515 Downing Avenue
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ByOwner last updated this listing 09/22/2026 @ 09:52
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