2802 Primrose AVE, Edinburg, TX 78541
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2802 Primrose AVE, Edinburg, TX 78541
2802 Primrose AVE, Edinburg, TX 78541
2802 Primrose AVE, Edinburg, TX 78541
2802 Primrose AVE, Edinburg, TX 78541
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Anthony Espinoza

Anthony Espinoza

+1(956) 530-4000
Listed by WINNERS CIRCLE
$ 499,000
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2802 Primrose AVE Edinburg, TX 78541

4,200 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,200 sqft

Subdivision Mccoll Manor

MLS Listing ID 514797

HOA Y/N No

Year Built 2020

Annual Tax Amount $11,044

Tax Year 2025

Lot Size 0.257 Acres

Acres 0.2571

Property Sub-Type Quadruplex

Source Greater McAllen

Property Description

Prime Edinburg investment opportunity just minutes from UTRGV and the city's most popular shopping, dining, medical, and entertainment destinations! Built in 2020, this well-positioned fourplex offers approximately 4,200 square feet with two spacious 3-bedroom/2-bath units and two 2-bedroom/2-bath units. Current rents generate $4,065 per month and $48,780 annually, with an estimated NOI of $34,737—delivering an attractive 6.96% cap rate at the $499,000 asking price. A strong addition to any investor's portfolio with excellent rental appeal and long-term growth potential. There is also plenty of room to increase the rents and the price is still negotiable !

Location

State TX

County Hidalgo

Community Curbs, Gated, Sidewalks, Street Lights

Rooms

Other Rooms Outbuilding (None)

Interior

Interior Features Ceiling Fan(s), Dryer, Microwave, Washer

Heating Central, Electric

Cooling Central Air, Electric

Flooring Tile

Appliance Electric Water Heater, Smooth Electric Cooktop, Dryer, Microwave, Refrigerator, Washer

Laundry Laundry Closet, Washer/Dryer Connection

Exterior

Exterior Feature Sprinkler System

Carport Spaces 7

Fence Wood

Community Features Curbs, Gated, Sidewalks, Street Lights

View Y/N No

Roof Type Composition Shingle

Total Parking Spaces 7

Garage No

Building

Lot Description Curb & Gutters, Sidewalks, Sprinkler System

Faces From University Dr / FM 107, head north on McColl Rd. Pass Schunion Rd. Subdivision will be located on the left.

Story 1

Foundation Slab

Sewer City Sewer

Structure Type Brick

New Construction No

Schools

Elementary Schools Zavala

Middle Schools B.L. Garza

High Schools Edinburg North H.S.

Others

Tax ID M256000000002600

Security Features Smoke Detector(s)

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2802 Primrose AVE