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$475,000

409 Downing Ave, Edinburg, TX, 78539

On MarketInfo
Beds Beds
Baths4 Bath
Baths4,080 Sq Ft
price_per_sqft$116.42 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms Full 4Bathrooms Full 4
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Cooktop, Dryer, Microwave, Washer, Electric Water Heater, Refrigerator
FlooringTile

Exterior

Lot Size10,080 sqft

Building Information

Year Built2017
Stories1
Roof Type105
Garage Spaces5

Land Information

APNM5665-01-000-0058-00
Lot Number58
SubdivisionMon Mack Landing Ph 1 - Seb
Land UseResidential
Legal DescriptionMON MACK LANDING PH 1 LOT 58
Census Tract023908
Assessed Land Value$100,800
Assessed Improvement Value$284,200
Assessment Year2025

About this property

Excellent investment opportunity! This well-maintained fourplex features two spacious 3-bedroom, 2-bath units and two 2-bedroom, 2-bath units. Each unit offers tile flooring throughout and comes fully equipped with a refrigerator, stove, microwave, washer, and dryer for added convenience. With a versatile unit mix and move-in-ready condition, this property is ideal for investors looking to expand their portfolio or buyers interested in generating rental income while occupying one of the units. Don't miss this opportunity to own a well-maintained income-producing property. Schedule your private showing today!

Investor Tools

$0Estimated Mortgage Balance
$462,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,850 /month
Positive
Cash Flow Estimate:
$950 /month

Interested in this property?

Preshina Samtani

Key Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$996/month
$500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,639
$385,000
2025
$100,800
$284,200
$385,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,639
$385,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$462,000
100%
0%
$0/mo

City: Edinburg

409 Downing Ave | Property Details | No Agent List