2516 Jeffery Drive, Edinburg, TX 78542

Local realty services provided by:CENTURY 21 Johnston Company
2516 Jeffery Drive,Edinburg, TX 78542
$279,000
  • - Beds
  • - Baths
  • 3,417 sq. ft.
  • Multi-family
  • Pending
Listed by: miguel vargas
Office: tnt real estate
MLS#:481566
Source:TX_GMAR

Price summary

  • Price:$279,000
  • Price per sq. ft.:$81.65

About this home

An Excellent Investment FULLY RENTED This well-maintained multifamily property presents a solid investment opportunity with several recent improvements and stable cash flow. It features four units, each with appliances (several recently replaced). All units are tiled and include coffered ceilings. Most units also include washers and dryers, with laundry hookups available in all. Currently, 3 active leases are in place: 2 units at $675/month and one at $625/month, with clear potential for rental increases to align with market rates. Major capital improvements have already been completed, including: - New roof installed in 2020 - Septic system for Units C and D replaced in 2025 - New HVAC system for Unit D installed in 2024 - Water heaters replaced in most units within the last 1–3 years - As well as several new appliances, new ceiling fans, fresh paint in three units within the last couple of years, and many more improvements.

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Home facts

  • Year built:2005
  • Listing ID #:481566
  • Added:314 day(s) ago
  • Updated:December 17, 2025 at 11:37 AM

Rooms and interior

  • Flooring:Tile
  • Kitchen Description:Electric Water Heater, Refrigerator, Stove/Range-Electric Smooth
  • Bedroom Description:Walk-In Closet(s)
  • Living area:3,417 sq. ft.

Heating and cooling

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

Structure and exterior

  • Roof:Composition Shingle
  • Year built:2005
  • Building area:3,417 sq. ft.
  • Lot area:0.52 Acres
  • Lot Features:Sidewalks
  • Construction Materials:Brick
  • Exterior Features:Mature Trees, Sidewalks
  • Foundation Description:Slab

Schools

  • High school:Donna North H.S.
  • Middle school:Sauceda
  • Elementary school:Singleterry

Utilities

  • Water:Electric Water Heater, Public Water
  • Sewer:Septic Tank

Finances and disclosures

  • Price:$279,000
  • Price per sq. ft.:$81.65
  • Tax amount:$6,526

Features and amenities

  • Appliances:Refrigerator, Stove/Range-Electric Smooth
  • Laundry features:Laundry Closet
  • Amenities:Decorative/High Ceilings, Mature Trees, Sidewalks, Street Lights