1504 Prosperity Drive

Edinburg, TX 78541

$380,000
Price
Beds
3,536 Sq. Ft.
$107 / Sq. Ft.
3,536
Sq. Ft.
$107
per Sq. Ft.

Description

Fantastic opportunity in prime Edinburg location! This 4plex boasts four 2-bed, 2-bath units, perfect for investors or homeowners seeking rental income already fully occupied! Close proximity to the University adds immense rental potential. Don't miss out on this lucrative investment in a thriving communityFantastic opportunity in prime Edinburg location! This 4plex boasts four 2-bed, 2-bath units, perfect for investors or homeowners seeking rental income already fully occupied! Close proximity to the University adds immense rental potential. Don't miss out on this lucrative investment in a thriving community
  1. Listed by Maria Guerra • TREC #801068986 • Element Realty, Llc

Property Details for 1504 Prosperity Drive

Community Features
Sidewalks, Street Lights
Subdivision Name
Queens Ridge Estates
LISTING UPDATED: 09/04/2024 04:16 PM

Property Details for 1504 Prosperity Drive

StatusActive
MLS #427054
Days on Market313
Taxes$6,199 / year
HOA Fees-
Condo/Co-op Fees$70 / year
Compass TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built2003
Lot Size0.25 AC / 10,802 SF
CountyHidalgo County

Building Information for 1504 Prosperity Drive

Stories-Residences4Year Built2003Building Size-Lot Size0.25 AC / 10,802 SF

Property Information for 1504 Prosperity Drive

Summary
Location and General Information
  • Directions: Go north on Sugar Road from Chapin. Turn right onto Prosperity. Four-plex will be on the right. No sign
  • Road Surface Type: Paved
Parking
  • Carport Spaces: 8.0
  • Carport YN: Yes
  • Covered Spaces: 8.0
  • Garage Spaces: 0.0
  • Garage: No
  • Parking Features: No Garage, Garage Faces Rear
  • Parking Total: 8.0
School Information
  • Elementary School: Truman
  • Elementary School District: Edinburg ISD
  • High School: Edinburg North H.S.
  • High School District: Edinburg ISD
  • Middle Or Junior School: B.L. Gray Junior High
  • Middle Or Junior School District: Edinburg ISD
Taxes and HOA
  • Association: No
  • Parcel Number: Q307000000002700
  • Tax Annual Amount: $6,199
  • Tax Legal Description: QUEEN'S RIDGE ESTATES LOT 27
  • Tax Year: 2023
Property
Lot Information
  • Building Area Source: HidalgoCAD
  • Building Area Total: 3536.0
  • Building Area Units: Square Feet
  • Living Area: 3536.0
  • Living Area Source: HidalgoCAD
  • Living Area Units: Square Feet
  • Lot Features: Sidewalks, Sprinkler System
  • Lot Size Acres: 0.248
  • Lot Size Area: 10802.88
  • Lot Size Square Feet: 10802.88
  • Lot Size Units: Square Feet
Property and Assessments
  • Year Built: 2003
  • Year Built Source: HCAD
  • Escrow: $3,500.00
Utilities
  • Irrigation Water Rights: No
  • Number Of Separate Water Meters: 1
  • Sewer: City Sewer
  • Water Source: Public
Green Features
  • Green Energy Efficient: None
Mobile Home
Mobile Home Information
  • Home Warranty: No
Interior and Exterior Features
Exterior Features
  • Exterior Features: Sprinkler System
  • Fencing: None
  • Pool: No
  • Number Of Buildings: 2
  • Construction Materials: Brick
  • Other Structures: Outbuilding (None)
  • Roof: Shingle
  • Security Features: Smoke Detector(s)
Interior Features
  • Appliances: Electric Water Heater, Microwave, Refrigerator, Stove/Range, Stove/Range-Electric Coil, Washer
  • Cooling: Central Air, Electric
  • Cooling YN: Yes
  • Flooring: Tile
  • Heating: Central, Electric
  • Heating: Yes
  • Interior Features: Built-in Features, Ceiling Fan(s), Dryer, Microwave, Split Bedrooms, Walk-In Closet(s), Washer
  • Laundry Features: Laundry Closet, Washer/Dryer Connection
  • Foundation Details: Slab
Multi Family
Income & Expenses
  • Gross Income: $2,800.00
  • Insurance Expense: $221.00
  • Maintenance Expense: $70.00
Multi-Family Information
  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Other Expense: $180.00

Property History for 1504 Prosperity Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1504 Prosperity Drive

Taxable ValueLand$103,680Additions$154,682Total$258,362
Tax Record2022$6,728 ($561 / month)
Home Facts
Total Finished SqFt3,536 SqFtAbove Grade Finished SqFt3,536 SqFtStories1Lot Size10,803 SqFtStyleQuadraplexYear Built2003Year Renovated2004ZoningRMCountyHIDALGOAPNQ3070-00-000-0027-00

Schools near 1504 Prosperity Drive

This home is within Edinburg Consolidated Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 11 to 12
Rating
School
Distance
Truman Elementary School
PublicPK to 5

B L Garza Middle School
Public6 to 8

Edinburg North High School
Public9 to 12

Vision Academy Of Excellence
Public11 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1504 Prosperity Drive is a multi-family home for sale in Edinburg, TX 78541. This property was listed for sale on February 9, 2024 by Element Realty, Llc, it's currently listed at $380,000. This listing's school district is Edinburg Consolidated Independent School District. Nearby schools include Truman Elementary School, B L Garza Middle School and Edinburg North High School. 1504 Prosperity Drive is a 0-bed, 0-bath, 3,536 sqft multi-family home built in 2003.

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Listing Courtesy of Element Realty, Llc

Based on information from one of the following Multiple Listing Services: GMAR MLS, South Texas MLS and Amarillo Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by GMAR MLS, South Texas MLS and Amarillo Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.