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1007 Clarence Avenue, Edinburg, TX 78541

Edinburg
Local realty services provided by:CENTURY 21 Johnston Company
1007 Clarence Avenue,Edinburg, TX 78541
$535,000
  • - Beds
  • - Baths
  • 4,200 sq. ft.
  • Multi-family
  • Active
Listed by: victor fuentes
Office: big realty
MLS#:506224
Source:TX_GMAR

Price summary

  • Price:$535,000
  • Price per sq. ft.:$127.38
  • Monthly HOA dues:$41.67

About this home

This investor's dream in Border Trace, Edinburg delivers a projected 7.6% cap rate, owner financing available, and comes fully leased with a 90% historical occupancy rate. Just 8 minutes from UTRGV, this income-producing property sits in one of the Rio Grande Valley's most reliable rental corridors with steady demand from students, faculty, and medical professionals. The property offers a 3-bedroom/2-bath unit and a 2-bedroom/2-bath unit, making it attractive to a diverse renter pool and reducing vacancy risk across tenant turnover cycles. Its location near Expressway 83, UTRGV, Edinburg CCISD schools, medical facilities along US-281, keeps it competitive in the rental market year-round. The privacy-fenced backyard with mature oak trees and dedicated storage adds outdoor appeal that supports long-term tenant retention. With owner financing on the table, a proven occupancy track record, and dual-unit flexibility, this property is built to generate consistent cash flow from day one.

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Home facts

  • Year built:2024
  • Listing ID #:506224
  • Added:46 day(s) ago
  • Updated:July 20, 2026 at 03:13 PM

Rooms and interior

  • Flooring:Tile
  • Kitchen Description:Electric Water Heater, Microwave, Refrigerator, Stove/Range-Electric Smooth
  • Bedroom Description:Walk-In Closet(s)
  • Living area:4,200 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fan(s), Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Roof:Shingle
  • Year built:2024
  • Building area:4,200 sq. ft.
  • Lot Features:Alley, Sidewalks, Sprinkler System
  • Construction Materials:Stone, Stucco
  • Exterior Features:Alley, Deck/Balcony/Porch, Patio Slab, Sidewalks, Sprinkler System
  • Foundation Description:Slab

Schools

  • High school:Edinburg North H.S.
  • Middle school:Longoria
  • Elementary school:Flores

Utilities

  • Water:Electric Water Heater, Public Water, Water Heater (Other Location)
  • Sewer:City Sewer

Finances and disclosures

  • Price:$535,000
  • Price per sq. ft.:$127.38
  • Tax amount:$9,462

Features and amenities

  • Appliances:Microwave, Refrigerator, Stove/Range-Electric Smooth, Washer
  • Laundry features:Dryer, Laundry Closet, Washer, Washer/Dryer Connection
  • Amenities:Cable Available, Dryer, Gated, Sidewalks, Sprinkler System, Street Lights

Parking

  • Parking description:Garage Faces Rear

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