Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
ARV Flip List
ARV Flip List
  • Properties with flip potential and high ARV margins
Pre-Foreclosure List
Pre-Foreclosure List
  • Homes with notice of default or impending auction
Auction List
Auction List
  • Real estate scheduled for county or online auction
Deals List
Deals List
  • Discounted properties priced below market value
Must Sell List
Must Sell List
  • Highly motivated sellers looking for fast closings
Off-Market List
Off-Market List
  • Exclusive off-market opportunities not found on MLS

$519,000

515 Downing Ave, Edinburg, TX, 78539

On MarketInfo
Just AddedInfo
Beds Beds
Baths8 Bath
Baths4,080 Sq Ft
QuadruplexQuadruplex
price_per_sqft$127.21 / sqft
Year BuiltBuilt in 2018

About this property

GENERATING APPROXIMATELY $54,000 A YEAR IN GROSS REVENUE WITH ROOM TO INCREASE! This well-maintained Fourplex features two spacious 3-bed, 2-bath units in the front and two 2-bed, 2-bath units in the rear. Each individually metered unit also features a fully paved, low-maintenance backyard with no grass to maintain. Each unit includes a well-equipped kitchen with oven/stove, refrigerator, microwave, and washer & dryer. Prime location in the gated community of Monmack Landing right in the heart of Edinburg! This Fourplex offers convenience near major shopping centers, restaurants, and UTRGV. A great opportunity for an investor looking to add a multifamily property to their portfolio or for an owner-occupant looking to live in one unit while utilizing the other units for rental income. Schedule your 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
$3,114 /month
Positive
Cash Flow Estimate:
$1,038 /month

Interested in this property?

Jeremiah (David) Pena

TNT Real Estate

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$745/month
No HOA
5.947%

City: Edinburg

515 Downing Ave | Property Details | No Agent List