Curious about this home?
Ask anything — no agents, no pressure
Try asking
About This Home
This 0-bedroom, 0-bathroom residential multi family at 1007 Clarence Avenue in Edinburg, TX is listed for $535,000 ($127 per sqft). Built in 2024, the home offers 4,200 sqft of living space on a 0.22 acres lot.
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.
Key Features
- Built in 2024
- 0.22 acre lot
- 8 parking spaces
Property Details
Amenities
Monthly Cost Estimate
$3,361/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1007 Clarence Avenue
Edinburg, TX 78541
Atwood Village
Features & Amenities
Exterior Features
Property Details
Construction
Pool Features
Parking
Heating
Cooling
Appliances
Questions & Answers
This 0-bedroom, 0-bathroom residential multi family at 1007 Clarence Avenue is listed at $535,000 ($127/sqft). The estimated monthly payment is $2,818 based on 20% down at 6.5% interest.
HOA fees are $500/month.
Key features include: Built in 2024, 0.22 acre lot, 8 parking spaces. Exterior Features: Sprinkler System.
This property is listed by Victor Fuentes and can be reached at 9564321351 or victor@bigrealty.com.
