1007 Clarence Avenue, Edinburg, TX 78541
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:81 day(s) ago
- Updated:August 24, 2026 at 09:53 AM
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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