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Days60Days on Market
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$490,000

$500,000

2602 Primrose, EDINBURG, TX, 78541

On MarketInfo
CommercialInfo
Price DropInfo
Baths4,710 Sq Ft
price_per_sqft$104.03 / sqft
Year BuiltBuilt in 2021

Highlights

Interior

Bathrooms Full 8Bathrooms Full 8
Heating CentralHeating Central
CoolingCooling
AppliancesDryer, Washer, Electric Water Heater
FlooringTile

Exterior

Lot Size13,991 sqft

Building Information

Year Built2021
Stories2
Roof Type105

Land Information

APNM2560-00-000-0034-00
Lot Number34
SubdivisionMccoll Manor - Seb
Land UseResidential
Legal DescriptionMCCOLL MANOR LOT 34
Census Tract024004
Assessed Land Value$136,408
Assessed Improvement Value$364,400
Assessment Year2025

About this property

INVESTMENT OPPORTUNITY! Nestled in a thriving market, this exceptional real estate gem beckons savvy investors seeking an unparalleled opportunity. Boasting a prime location just minutes away from URGV, the Hidalgo County Courthouse, major shopping enters, hospitals, and key highways, this property is strategically-positioned for success. This lucrative investment presents the promise of immediate cash flow with 100% occupancy. The property's attractive location, in the heart of Edinburg, sets the stage for promising returns and long-term growth potential. Seize the chance to be a part of this dynamic community's success story and maximize your investment portfolio in an area of opportunity. Embrace the potential for financial gain and community growth with thIs remarkable property.

Investor Tools

$353,581Estimated Mortgage Balance
$147,227Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,005 /month
Positive
Cash Flow Estimate:
$1,002 /month

Interested in this property?

Vanessa Alaniz

RE/MAX ELITE

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,362/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,840
$500,808
2025
$136,408
$364,400
$500,808
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,840
$500,808

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cardinal Financial Company Lp
Fha
$383,597
Yes
First
May 6, 2022
Jul 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$353,581
$147,227
29%
71%
$2,300/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: EDINBURG

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