Four-Unit Residential Income Property

1602 Portales Drive Edinburg, TX 78541

Claim this Listing
For Sale
$379,000

MULTI_FAMILY - Edinburg, TX

Property size:
3,808 SF
Lot size:
0.32 Acres
Price / SF:
$99/SF
Added:
Jul 1, 2026
Days on Market:
9
Last Refresh:
Jul 9 at 7:06 pm

Property Features for 1602 Portales Drive

General Information

Property type
Residential Multi Family
Property subtype
Other
Parking
8
Parking features
Garage
Exterior features
Sprinkler System
Fencing
Privacy
Appliances
Electric Water Heater, Dryer, Refrigerator, Stove/Range, Washer
Standard status
Active
APN
L635700000002800
Size
3,808 SF
Lot size
0.32 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
5752

Utilities

Heating system
Central, Electric (Heating)
Cooling system
Electric, Central Air
Water source
Public

Building Details

Year built
2003
Floors in Building
1
Number of units
4
Building materials
Brick
Roof type
Composition

Listing agent Elena Rodriguez

Listing office Distinguished Properties 7017 N 10th St. Ste. N-2 # 124, McAllen, TX

Listing date Jul 1, 2026

MLS# 507860 Listing URL

Copyright © 2026 Greater McAllen Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This well-maintained four-plex includes four separate units, each offering two bedrooms and two bathrooms. Interior finishes feature tile flooring, providing a consistent, easy-care surface across the residences.

Located in Edinburg, Texas, the property benefits from convenient access to universities, shopping, dining, and major roadways, supporting day-to-day practicality for tenants.

The building is offered for sale and may fit investors or owner-operators looking for a manageable multifamily holding with multiple independent units under one roof. The seller also notes flexibility to purchase this property individually or as part of a larger investment portfolio package consisting of six separate four-plex properties totaling 24 units. For parties interested in scaling within the same asset type, the package option can provide additional acquisition structure beyond a single-property purchase.

Key Highlights

  • 4‑plex built in 2003 with four 2‑bedroom, 2‑bath units
  • Brick construction with composition roof
  • Central heating and central air conditioning; electric water heater

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Law Firm Real Estate Agency Restaurant Building Supply Hair Salon Spa & Massage Center Parking Lot & Garage Auto Repair Shop Electrical Service Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - Four well-maintained 2-bedroom, 2-bath units in a single 4-plex, suited for residential rental ownership.
Where is this quadplex located?
The property is located at 1602 Portales Drive Edinburg, TX.
What is the asking price?
The asking price for this property is $379,000.
What are key features of this property?
This property features: 4‑plex built in 2003 with four 2‑bedroom, 2‑bath units; Brick construction with composition roof; Central heating and central air conditioning; electric water heater
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More about this property
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