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Four-Unit Residential Property

423 La Mancha Drive, Edinburg, TX 78541

For Sale
New
Contact for pricing

Three residences are leased, while the remaining unit is vacant and available for occupancy or leasing.

Property SizeContact for details
Days on Market4

Property Features for 423 La Mancha Drive

General Information

Standard status Active
Property subtype Multifamily

Units

Unit Mix 2 x 3BR/3BA
Multifamily Units 4

Additional Details

Utilities to Site Yes
Tenant in Place Yes
Listing Agency: Zuazua Real Estate
Listed By: David Villarreal · License TX #801071194
Source: Crexi
Added: Nov 7 Changed: Nov 10 Last Checked: Nov 10 at 2:36PM

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 Zuazua Real Estate

Rey
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Investment Insights

Based on property information with market context.

This four-unit residential property includes two 3-bedroom, 3-bathroom residences. Three units are leased, and the fourth is vacant. City water and sewer serve the property, with electricity supplied by Magic Valley Electric Cooperative.

The property is in Edinburg near the University of Texas Rio Grande Valley, shopping, dining, and major roadways. A neighboring fourplex at 417 La Mancha Avenue is also offered for sale, either separately or as part of a package.

Key Highlights

  • Four residential units, including two 3‑bedroom, 3‑bathroom units
  • Three units leased; one vacant and available for occupancy or leasing
  • Served by city water and sewer

Property Analytics

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Lease Details

4
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

418
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
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Market

Average Price Trend$/SF for Quadplexes in Edinburg, TX

$115 Jul
$110 Aug
$113 Sep
$114 Oct

Properties on Market for Quadplexes in Edinburg

Jul
Aug
Sep
Oct

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 - Three residences are leased, while the remaining unit is vacant and available for occupancy or leasing.
Where is this quadplex located?
The property is located at 423 La Mancha Drive Edinburg, TX.
What is the asking price?
The asking price for this property is $330,000.
What are key features of this property?
This property features: Four residential units, including two 3‑bedroom, 3‑bathroom units; Three units leased; one vacant and available for occupancy or leasing; Served by city water and sewer
(956) 331-3544 Call to check price and availability
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