402 Newport Avenue

Edinburg, TX 78539

$465,000
Price
Beds
Baths
3,456 Sq. Ft.
$135 / Sq. Ft.
3,456
Sq. Ft.
$135
per Sq. Ft.

Description

Income producing Fourplex in a great location! Discover the perfect blend of elegance and practicality with this fully leased fourplex in Edinburg. Each unit has a modern design with tile floors and quartz countertops. It features 2 - 2 bed/2 bath and 2 very nice sized 1 bed/1 bath with frameless glass shower doors that create a sleek, contemporary feel. With all essential appliances, including in-unit washers and dryers, this property is designed to attract and retain tenants with ease. Located...Income producing Fourplex in a great location! Discover the perfect blend of elegance and practicality with this fully leased fourplex in Edinburg. Each unit has a modern design with tile floors and quartz countertops. It features 2 - 2 bed/2 bath and 2 very nice sized 1 bed/1 bath with frameless glass shower doors that create a sleek, contemporary feel. With all essential appliances, including in-unit washers and dryers, this property is designed to attract and retain tenants with ease. Located near top-rated schools, UTRGV and the hospitals, it offers an unbeatable opportunity for effortless income generation. This property is a shining example of smart, stylish investment. Don’t miss out!
  1. Listed by Sabita Mahtani • TREC #801068562 • Key Realty

Property Details for 402 Newport Avenue

Community Features
Curbs, Gated, Sidewalks, Street Lights
Subdivision Name
Mon Mack Landing
LISTING UPDATED: 02/13/2025 09:59 AM

Property Details for 402 Newport Avenue

StatusActive
MLS #456164
Days on Market90
Taxes$8,611 / year
HOA Fees$500 / year
Condo/Co-op Fees$500 / year
Compass TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built2019
Lot Size0.25 AC / 10,704 SF
CountyHidalgo County

Building Information for 402 Newport Avenue

Stories1Residences4Year Built2019Building Size-Lot Size0.25 AC / 10,704 SF

Property Information for 402 Newport Avenue

Summary
Location and General Information
  • Directions: Traveling north on McColl turn left on Sprague. Then turn right on Mon Mack rd. and the subdivision will be to your left.
  • 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
  • Parking Total: 8.0
School Information
  • Elementary School: Trevino
  • Elementary School District: Edinburg ISD
  • High School: Vela H.S.
  • High School District: Edinburg ISD
  • Middle Or Junior School: South Middle School
  • Middle Or Junior School District: Edinburg ISD
Taxes and HOA
  • Association Fee: $500
  • Association FeeFrequency: Annually
  • Association Name: PMI RGV HOA
  • Association: Yes
  • Parcel Number: M566501000011500
  • Tax Annual Amount: $8,611
  • Tax Legal Description: MON MACK LANDING PH 1 LOT 115
  • Tax Year: 2023
Property
Lot Information
  • Building Area Source: HidalgoCAD
  • Building Area Total: 3456.0
  • Building Area Units: Square Feet
  • Living Area: 3456.0
  • Living Area Source: HidalgoCAD
  • Living Area Units: Square Feet
  • Lot Features: Curb & Gutters, Mature Trees, Sidewalks, Sprinkler System
  • Lot Size Acres: 0.2457
  • Lot Size Area: 10704.87
  • Lot Size Square Feet: 10704.87
  • Lot Size Units: Square Feet
Property and Assessments
  • Year Built: 2019
  • Year Built Source: HCAD
  • Escrow: $5,000.00
Utilities
  • Irrigation Water Rights: No
  • Number Of Separate Water Meters: 5
  • Sewer: City Sewer
  • Water Source: Public
Mobile Home
Mobile Home Information
  • Home Warranty: No
Interior and Exterior Features
Exterior Features
  • Exterior Features: Mature Trees, Sprinkler System
  • Fencing: Privacy, Wood
  • Pool: No
  • Number Of Buildings: 2
  • Construction Materials: Stone, Stucco
  • Other Structures: Outbuilding (None)
  • Association Amenities: Property Owners' Assoc.
  • Patio And Porch Features: Patio, Patio Slab
  • Roof: Composition Shingle
  • Window Features: Energy Features (Double Pane Windows)
Interior Features
  • Appliances: Electric Water Heater, Dryer, Microwave, Refrigerator, Stove/Range-Electric Smooth, Washer
  • Cooling: Central Air, Electric
  • Cooling YN: Yes
  • Flooring: Tile
  • Heating: Central, Electric
  • Heating: Yes
  • Interior Features: Ceiling Fan(s), Dryer, Microwave, Walk-In Closet(s), Washer
  • Laundry Features: Laundry Closet
  • Foundation Details: Slab
Multi Family
Income & Expenses
  • Gross Income: $43,560.00
  • Insurance Expense: $1,470.00
  • Maintenance Expense: $500.00
Multi-Family Information
  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Other Expense: $.00

Property History for 402 Newport Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 402 Newport Avenue

Taxable ValueLand$80,288Additions$285,809Total$366,097
Tax Record2024$8,791 ($733 / month)
Home Facts
Total Finished SqFt3,456 SqFtAbove Grade Finished SqFt3,456 SqFtStories1Lot Size10,707 SqFtStyleQuadraplexYear Built2019CountyHIDALGOAPNM5665-01-000-0115-00

Schools near 402 Newport Avenue

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

Elias Longoria Sr Middle School
Public6 to 8

Robert R Vela High School
Public8 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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402 Newport Avenue is a multi-family home for sale in Edinburg, TX 78539. This property was listed for sale on December 7, 2024 by Key Realty, it's currently listed at $465,000. This listing's school district is Edinburg Consolidated Independent School District. Nearby schools include Trevino Elementary School, Elias Longoria Sr Middle School and Robert R Vela High School. 402 Newport Avenue is a 0-bed, 0-bath, 3,456 sqft multi-family home built in 2019.

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Listing Courtesy of Key Realty

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.