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4-Unit Quadplex with Rear Garages
New
For Sale
$345,000

1206 Prosperity Drive, Edinburg, TX 78541

Each residence includes a stove, refrigerator, washer, and dryer; three units also have dishwashers.

Property Size3,808 SF
Price / SF$90.60
Days on Market5

Property Features for 1206 Prosperity Drive

General Information

Standard status Active
Size 3,808 SF
Property subtype Residential Income
Occupancy 100%

Additional Details

Multifamily Units 4
Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $8,178

Amenities

Tile
true
Laundry Closet
HidalgoCAD
Ceiling Fan(s)
false
Corner Lot
Public
9574.0524
8
0.2198
Detached,Garage Faces Rear
Paved
Mature Trees
Slab
3808
1
5

Building Details

Building Size 3,808 SF
Year Built 2003
Stories 1
Listing Agency: RE/MAX elite
Listed By: Hiram Diaz
Source: Cncrealtyrgv
Added: Oct 30 Changed: Oct 31 Last Checked: Oct 31 at 3:15AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX elite

Rey
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Investment Insights

Based on property information with market context.

This 3,808-square-foot quadplex, built in 2003, contains four fully leased residences. Each unit is equipped with a stove, refrigerator, washer, and dryer, and three units also include a dishwasher. The property has detached garages with rear-facing access and sits on a corner lot.

The property is near UTRGV and within reach of restaurants, grocery stores, pharmacies, and shops.

Key Highlights

  • Four residences, all currently leased
  • 3,808 square feet; built in 2003
  • Stove, refrigerator, washer, and dryer in each unit

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

4
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

148
Businesses Nearby

Demographics for 78541, TX

48,513
Population
17,669
Households
2.7
Avg Household Size
28
Median Age
25%
College-Educated
77%
High-School Grad
290.2 sq mi
ZIP Area
167
Density / Sq Mi
$50,567
Median Household Income
$30,752
Median Earnings
$945
Median Rent
$142,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Each residence includes a stove, refrigerator, washer, and dryer; three units also have dishwashers.
Where is this quadplex located?
The property is located at 1206 Prosperity Drive Edinburg, TX.
What is the asking price?
The asking price for this property is $345,000.
What are key features of this property?
This property features: Four residences, all currently leased; 3,808 square feet; built in 2003; Stove, refrigerator, washer, and dryer in each unit
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