TX > Edinburg > Mon Mack Landing
Edinburg, TX 78539,405 Downing AVE
Edinburg, TX 78539,405 Downing AVE
Edinburg, TX 78539,405 Downing AVE
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Listed by Fox Real Estate Pros
$513,000
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3,960 SqFt
Active

405 Downing AVE Edinburg, TX 78539

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Franklin Torres

Franklin Torres

+1(210) 278-6698

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,960 sqft

Subdivision Mon Mack Landing

MLS Listing ID 464422

HOA Fees $500/ann

HOA Y/N Yes

Year Built 2017

Annual Tax Amount $11,018

Tax Year 2024

Lot Size 10,079 Sqft

Acres 0.2314

Property Sub-Type Quadruplex

Source Greater McAllen

Property Description

Perfect for first-time investors looking to live on-site, this well-maintained 4-plex offers a rare opportunity to generate rental income while building equity. Three units are already rented, providing immediate cash flow, with one 2-bed, 2-bath unit available for an owner-occupant or new tenant. Located minutes from the university and the thriving city of Edinburg, this property is in a high-demand rental area, ensuring strong occupancy rates. Whether you're starting your investment journey or expanding your portfolio, this multifamily gem is a smart move.

Location

State TX

County Hidalgo

Community Gated

Rooms

Other Rooms Outbuilding (None)

Interior

Interior Features Ceiling Fan(s), Microwave

Heating Central

Cooling Central Air

Flooring Tile

Appliance Electric Water Heater, Dryer, Microwave, Refrigerator, Stove/Range, Washer

Laundry Laundry Closet

Exterior

Carport Spaces 8

Fence Wood

Community Features Gated

View Y/N No

Roof Type Shingle

Total Parking Spaces 8

Garage No

Building

Lot Description Sidewalks, Sprinkler System

Faces Head west on HWY 107 passing McColl, Head south on Mon Mack, Gate entrance is located on west side.

Story 1

Foundation Slab

Sewer City Sewer

Structure Type Brick

New Construction No

Schools

Elementary Schools Trevino

Middle Schools B.L. Garza

High Schools Edinburg H.S.

Others

Tax ID M566501000005900

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Franklin Torres

Franklin Torres

Broker Associate | License ID: 718047

+1(210) 278-6698

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405 Downing AVE

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