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Brick Four-Unit Quadplex
New
For Sale
$354,000

1308 W Prosperity Drive, Edinburg, TX 78541

Residential Income, Edinburg, TX

Property Size7,616 SF
Lot Size0.22 Acres
Price / SF$46.48
Days on Market6

Property Features for 1308 W Prosperity Drive

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Parking 2
Patio and Porch features Patio
Appliances Electric Water Heater, Refrigerator, Stove/Range
Subdivision Queens Ridge Estates
Lot features Curb & Gutters
Elementary school Truman
Middle school B.L. Garza
High school Edinburg North H.S.
Elementary school district Edinburg ISD
Middle school district Edinburg ISD
High school district Edinburg ISD
Directions Head west on W University Dr toward N Sugar Rd, Turn right at the 1st cross street onto N Sugar Rd, Turn right onto W Prosperity Dr, Destination will be on the right
Standard status Active
APN Q307000000002000
Size 7,616 SF
Lot size 0.22 Acres

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 8517

Utilities

Heating system Central
Cooling system Central Air
Water source Public

Amenities

tile flooring
tile countertops
walk-in closets
appliances

Building Details

Year built 2008
Floors in Building 1
Number of units 2
Building materials Brick
Roof type Shingle
Listing Agency: Effective Real Estate
Listed By: Jenny I. Avellaneda · License #846528321
Added: Aug 24 Last Checked: Aug 29 at 3:06AM
MLS# 512915

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.

Built in 2008, this brick quadplex contains four two-bedroom, two-bath residences with approximately 3,808 square feet of total living area. Each unit includes tile flooring, tile countertops, walk-in closets, a refrigerator, and a stove/range. Central heating and central air provide consistent climate control, while each residence has two covered parking spaces and patio space.

The property is located at 1308 W Prosperity Drive in Edinburg, near UTRGV, the Hidalgo County Courthouse, hospitals, shopping centers, grocery stores, restaurants, and major roadways. Public water service supports the property, and the roof is finished with shingles.

Key Highlights

  • Four 2‑bedroom, 2‑bath units under one roof
  • Approximately 3,808 square feet of total living area
  • Each unit includes two covered parking spaces

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Spa & Massage Center Building Supply Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Multifamily property with individually configured units, covered parking, central air, and public water service.
Where is this quadplex located?
The property is located at 1308 W Prosperity Drive Edinburg, TX.
What is the asking price?
The asking price for this property is $354,000.
What are key features of this property?
This property features: Four 2‑bedroom, 2‑bath units under one roof; Approximately 3,808 square feet of total living area; Each unit includes two covered parking spaces
More about this property
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