Leased Fourplex Near
For Sale
$345,000
1206 Prosperity Drive, Edinburg, TX 78541
Residential Income, Edinburg, TX
Property Size3,808 SF
Lot Size0.22 Acres
Price / SF$90.60
Days on Market149
Property Features for 1206 Prosperity Drive
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Parking
8
Parking features
Garage
Exterior features
Mature Trees
Appliances
Electric Water Heater, Dryer, Refrigerator, Stove/Range, Washer
Subdivision
Queens Ridge Estates
Lot features
Corner Lot
Elementary school
Truman
Middle school
B.L. Garza
High school
Edinburg H.S.
Elementary school district
Edinburg ISD
Middle school district
Edinburg ISD
High school district
Edinburg ISD
Directions
From University Dr go North on Sugar, turn West on Chapin, North onto Prosperity, property is located on the West South Corner
Standard status
Active
APN
Q307000000001700
Size
3,808 SF
Lot size
0.22 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
8178
Utilities
Heating system
Central, Electric (Heating)
Cooling system
Central Air, Electric
Water source
Public
Amenities
stove
refrigerator
washer
dryer
dishwasher
Building Details
Year built
2003
Floors in Building
1
Number of units
4
Building materials
Brick
Roof type
Shingle
Listing Agency:
RE/MAX elite · RE/MAX International
(956) 583-2100
Listed By:
Maria (Lila) Garcia · License #626016
(956) 227-6215
Added: Jun 9
Changed: Oct 26
Last Checked: Nov 4 at 1:06PM
MLS# 503600
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.
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Investment Insights
Based on property information with market context.
Built in 2003, this 3,808-square-foot brick fourplex contains four residential units and is fully leased. Each unit includes a stove, refrigerator, washer, and dryer; three units also have dishwashers. Central electric heating and cooling serve the property, with a shingle roof, public water, mature trees, and garage parking.
The property occupies a 0.2198-acre corner lot at 1206 Prosperity Drive in Edinburg. Its setting is close to UTRGV, restaurants, grocery stores, pharmacies, and shops, providing convenient access to everyday services and the surrounding campus area.
The property occupies a 0.2198-acre corner lot at 1206 Prosperity Drive in Edinburg. Its setting is close to UTRGV, restaurants, grocery stores, pharmacies, and shops, providing convenient access to everyday services and the surrounding campus area.
Key Highlights
- Fourplex with 3,808 square feet across four residential units
- Fully leased property on a 0.2198‑acre corner lot
- Each unit includes a stove, refrigerator, washer, and dryer
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
148
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Fully leased brick fourplex with unit appliances, garage parking, and a corner-lot position near UTRGV.
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: Fourplex with 3,808 square feet across four residential units; Fully leased property on a 0.2198‑acre corner lot; Each unit includes a stove, refrigerator, washer, and dryer
